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Hi <<First Name>>,

Lots of excitement happening with me these days.  My articles are being published on a regular basis in The Suburban Newspaper, online and in print, and I am getting calls for interviews for real estate and green real estate. A secret you may not have known about me is that I have always been a tree hugger. I have been an active and practicing caretaker of our planet. Because of this love that I have, the green part of me is starting to come out in my real estate practices. Starting next newsletter, I will be featuring Jolly Green Homes. A new fresh idea, where I talk more about greening up our homes.

Stay tuned!

Condo For Sale

$199,000
2 bedrooms, 1 bathroom

5220 Rue Riviera, apt. 306
Pierrefonds-Roxboro, Quebec
H8Z 3H2

Top floor, very bright, two bedroom, situated on a quiet street with large balcony for a barbecue. Large master bedroom with huge walk-in closet. Lots of storage space, including additional walkin in the entrance. Well-maintained building, AAA+ condition. All steps from waterfront and services!
So you want to be a real estate investor...

New real estate investors often think of repossessions as a way to get started in the business. A repossession happens when property owners can’t pay their mortgage. The bank takes over the property and sells it to recoup its money.

The idea that an investor can make big money buying and selling repossessed properties makes sense from the outside looking in. A lot of people think they will get a steal.
 
 
Price Might Not Justify the Risks

There are so many people who want to make it rich in real estate. They've either read books like Rich Dad, Poor Dad or they’ve taken an inspiring course on making it rich quick. In the midst of all this excitement, people often don't realize the amount of work, time, and the resources involved in being a successful real estate investor.

A lot of these courses are targeted to the U.S. and parts of Canada where the market and laws are different.

Quebec has a rent control system in place and is governed by the Civil Code. This makes it more challenging to find great deals. Landlords can only raise rents by a certain percentage annually so rents tend to not keep up with market prices.

It’s important to know the local laws and market before you start.

Can you be successful?

You need to know how to recognize a good deal when you see one. The key is to focus on one or two investing strategies so you can build experience and knowledge.

Good deals sell fast so you need to be able to make decisions fast.


...continue reading

Market News


What happened in April Market News – Montreal and surrounding areas

Prices, and sales up and listings down all across the board…continuing the trend from April 2017. I just received this text message from a broker when I inquired about a 6plex: “Hi, we are presently with 3 offers in negotiations. Was 68 offers in total”. This is an extreme case, however it is a great example of lack of product on the market.

View latest market news clip:


Just about to put in an offer on a condo in the Plateau and then the listing broker sends me an air quality report that was done in August 2017. Apparently there is so much mold in the shared basement locker area that it needs professional decontamination. Nothing is written in the declaration about this or if they had it remedied or not. 

If you are selling, your declaration should include every little single detail about everything wrong about your property. It will protect you from any purchaser coming back at you for hidden defects. Being upfront and honest will only serve you in the long run. Their offer will also reflect these issues, so they will not be renegotiating more off the price after the inspection.

Upcoming Events

Visiting Properties

Tuesday, June 19th, 2018
7:00pm - 9:00pm

 

There is a lot more than meets the eye to visiting properties. Robert Kiyosaki, Rich Dad, Poor Dad, says that it takes at least 100 visits to recognize a deal. So what is the trick, or the information you need to propel yourself forward to know a good deal when you see it?

Come join me and I’ll teach you:
- All the aspects of visiting properly, whether it be a house, condo or multi-door.
- What to watch out for when visiting, red flags and all.
- What you need to know about working with building inspectors.
- Improving the buildings value.
 
Looking forward to a great night!

Cost: $10

Learn more about this month's Meetup here. Would love to see you!!!
If you want to stay on top of the market, become a part of our Meetups here!

Build Your Real Estate Brain

Hidden Cash: Increasing Your Building's Potential


We all want the get the most out of our investments. But how do we do it? Over the years, I have seen thousands of properties and counselled owners on how to increase their value. In this guide, I’d like to share with you some ideas so you can pick and choose what works best for you and your situation. There are many great ideas that take almost no effort and some that could take a lot of time and money. The outcome could mean the difference between a good investment and a great one.
Buy Now

A little inside info ABOUT ME:

Jennifer Lynn Walker
 
Jennifer Lynn Walker has been active in Montreal Real Estate since 2003. She founded the Montreal Real Estate Investor’s Group, which has more than 1,060 members. She specializes in buying and selling, eco- friendly homes and helping real estate investors.
 
If you know of someone who you think would jive with my teachings, please pass this along   send to a friend
If you are thinking or planning on selling your home or buying more real estate, and/or interested in real estate being part of your retirement portfolio, and would like a free 15 minute phone consultation, please email me your availabilities to book your call.  jenn@montreal-realestate.ca 

"Jackpot! Jennifer not only helped me find exactly what I needed, she coached me the entire way. As a first time buyer, I was astounded by how informative, reliable, and fun my agent was. Always a phone call away, perfect answers to all of my "many" questions, Jennifer made buying my first home stress free and really cool. I couldn't be more grateful to have worked with an agent as efficient as she was. Kudos!”

- Jonathan De Koninck
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Montreal Real Estate · 121 Av. de Breslay · Pointe-Claire, Qc H9S 4M8 · Canada

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