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It has been a crazy year for real estate, full of speculation. What is going to happen? On one side, we have word of foreign investors buying just about anything, without any consideration of income vs expense or resale. Real estate investors who are looking for apartment buildings are crying that there is nothing out there. With sales and prices up and listings down, houses and plexes and some condos are flying off the shelves. Montreal is being reported worldwide as the next city to invest in. The Turcot is almost complete and real estate is still on the low end in comparison to Toronto and Vancouver, which attracts businesses. Then on the flip side, interest rates continue to rise, we have new qualification rates for mortgages and we have rent control. So is this a good time to invest or not? I always believe it is a great time to invest in real estate…depending on what, where and how you invest your money.

How important are photos in your listing description?
If I’m searching a property for a client and there are a lot of listings that match their search criteria, I will email the most attractive listings to them. If the photos are clear, descriptive and beautiful, I will send those first. I want my client to get excited. Pictures of a corner of a bed and a window do not invoke the right response. This also transpires to visits. I say it again and again, the cleanest, tidiest, well laid out houses usually win.

What to look for when buying a condo

Buying a condo is easy. The trick is to buy a unit that will hold its value when it comes time to sell again. Here is a handy list of characteristics to look for when making that initial purchase.

Location

Aside from price, this is at the top of everyone's priority list. You want to either buy in an up-and-coming area or an area that is already happening. Be sure you are close to public transport, shops, restaurants, or some sort of feature that attracts people like a hospital or a market.

Garage

Having a garage will give you an edge, when it comes time to re-sell. If there is no garage, make sure that the unit has exterior parking. Winters in the city are a hassle. People don't want to be continually moving their car for the snow plows or walking a great distance to get from the car to the condo.

Views

You might think windows that face a parking lot or an ugly building don't bother you. It will bother most buyers. If there are a lot of units to choose from, buyers will choose a great view over a brick wall any day.

Market News

What happened in February Market News – Montreal and surrounding areas

The market continues to be a Seller’s market for February 2018. Montreal island is looking great for any Seller, with listings down even lower than the previous months as sales and prices continue to rise.

View latest market news clip:

Upcoming Events

Introduction to Real Estate for Beginners

Tuesday, April 17th, 2018
7:00pm - 9:00pm

I have been getting a lot of request again for information on where to begin as a real estate investor. I've put together a 2 hour course on just that. If you have a specific topic you want me to cover within these parameters, please let me know and I will try my best to share as much information as I can.

Topics covered:
-Different methods of investing
-Where to find the deals, market overview
-Flipping vs buy and hold
-Finances
-Turning existing buildings into condos
-Your team

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

"I worked with Jennifer on 2 different transactions in the past 3 months (buying a new condo then renting it out). In one word, Jennifer is AMAZING! She is knowledgeable, efficient and has a great attention to details. She's also very reliable and is beyond patient. She was there for us at every step of the process, from doing the preliminary research, finding our perfect condo, negotiating a good price to signing at the notary. Jennifer is generous with her time and the efforts she put into each of our transactions. I will not hesitate for one second to work with Jennifer again when the time comes to buying our next rental property. Thank you so much, Jennifer! you're the best!”

- Lama Faran

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