Home real estate investing in Québec?

by Sylvain Bériault
(Gatineau, Québec)

Hi Tom & Nick,

Read your income for life book and found it very interesting.

What would be your advise for home real estate investing in Québec vs Ontario?

I am currently a Québec resident in the Gatineau area but originaly from a small town in Ontario (Alexandria).

Since Ottawa and surrounding area is close to were I live, would it be a better choice to consider investing there?

Are the real estate investing procedures and regulations very different between Québec and Ontario?

Thanks!

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May 28, 2010
RE: Differences Between Quebec and Ontario Real Estate Investing
by: Tom Karadza

Hi Sylvain,

Thanks for your questions...

The only thing I know about Quebec is that they have the luckiest hockey team around :)

As a Leaf fan it really hurts me to watch the Habs always do so well.

On a more serious note...

There are differences between property ownership laws in these two provinces.

Personally, I would invest where you live. We tell people that if you can't make money in your own backyard you won't make money in someone elses either.

We have a very good contact in Ottawa. If you would like his name send us your email by filling out the contact form on the page below and we'll pass it on...

http://www.therealestaterenegades.com/contact_Tom_Karadza_Nick_Karadza.html

Tom.

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