Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

Looking To Invest In Quebec’s REAL ESTATE Marketplace?

13 May 2024 · 1 min

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Transcript excerpt of a discussion (May 13, 2024) where Richard Canfield asks for advice for investors entering the Quebec real estate market. The respondent emphasizes: (1) lack of French should not be an insurmountable barrier; (2) Quebec’s pro-tenant laws require investors to focus closely on market-driven revenue strategies; and (3) a trend toward more mom-and-pop investors seeking education.

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What advice would you give to someone who's looking at investing in the Quebec marketplace who maybe isn't aware of that they're coming from another province or outside of and they're wanting to get into that market? What are some of the guardrails and things that you would really want them to be mindful of?
So as a piece of advice, do not let your absence of French be a deteriorating barrier to the possibilities in Quebec number one. Number two, because we have a very set of protenant laws I find it just in a way keeps us sharp because we then constantly have to find ways to be as close as possible to market in terms of how much revenue can a property generate. And lastly I find it and I guess that's relative also to the crowd we hang out with. But like I see a fair amount of real estate investors who are eager to get educated and maybe there has been an evolution over time of more mom and pops investors.