Episodes
Wednesday Mar 29, 2023
Wednesday Mar 29, 2023
Want to invest in Quebec, but afraid of complications? Join this coaching call! In this week’s episode, Terrie shares her expert knowledge with Chauntelle, an investor who owns property in Montreal but lives in Calgary.
We dive into common challenges that real estate investors face when getting started investing in Quebec, and we explore how to overcome them. Terrie shares tips on how to navigate tenant troubles in Quebec and on how to create a great "Power Team" at a distance. (This applies to anyone seeking to invest outside their home market).
Get ready to learn about the power of partnership and why having a reliable real estate ally is an absolute must when investing in uncharted territories.
If you're thinking about investing in Quebec, you're in luck! Terrie has some insider tips to share with you on finding a good network and making money in a rent-controlled market.
You won't want to miss out on this valuable advice. Enjoy listening!
What we learned from Chauntelle Sweeney and Terrie Schauer in this episode:
- Tenant troubles in Quebec? Terrie’s top tips on how you can handle them.
- The Power of Partnership: Why a Reliable Real Estate Ally is a Must-Have for Investing in Uncharted Territories
- How to create a ‘Power Team’ that will work with you.
- How anyone who wants to invest in Quebec can find a good network.
- How to make money in a rent controlled market.
- How to keep your investment game strong and your portfolio even stronger!
Success Quotes:
"If you're from out of province and you have no real experience with the ecosystem here. At the very least, you need an excellent property manager.” -Terrie Schauer
“If you just keep doing the right things and showing up consistently, eventually the results will come.” -Terrie Schauer
“The outcome is generated by the habits.” -Terrie Schauer
“Don't get obsessed with the outcome.” -Terrie Schauer
“We don't live in an Instagram reality, it is not a reality. If we want to do stuff that's difficult, that takes hard work and it takes time. There's no way around that.” -Terrie Schauer
Timestamp:
00:00 - Intro
00:56 - Get to know more about Chauntelle and her investing journey.
02:50 - What advice do you have for a small-time landlord who wants to evict a tenant? (... let’s hear Terrie’s advice!)
07:50 - Terrie gives some advice for someone who wants to invest in Montreal with limited French.
11:44 - Terrie highlights the importance of networking… and how anyone who wants to invest in Quebec can find good networks.
13:25 - How do you make money as a real estate investor in a rent controlled market?
16:03 - How do you attract buyers to invest in Montreal but they're turned off by rent control?
19:53 - How to take advantage of the free resources online as a real estate investor.
22:11 - Terrie spills the beans on her real estate mojo - Learn how to keep your investment game strong and your portfolio even stronger!
26:30 - Outro
Connect with Us:
Facebook Page: https://www.facebook.com/restateinvestorsclub/
Email: reic@clubimmobilier.ca
Terrie Schauer’s LinkedIn: https://www.linkedin.com/in/terrieschauer/
Terrie Schauer’s Instagram: https://www.instagram.com/terrieschauer/
Terrie Schauer’s “Mindful Landlord” book: https://mindfullandlord.com/
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