T'as trouver 1 bon Plex MAIS dans 1 quartier qui n'est pas pour toi🤦‍♂️ ATTENTION à la LOCALISATION!

🚨 Many investors think they've found "THE PERFECT PLEX"... until they realize the problem isn't the building, it's the neighborhood! 😩 🏘️ Because in real estate, it's not just the building that determines whether an investment is good or bad... it's primarily the neighborhood. 📍 🎥 In this video, I'm going to show you 18 things that can happen when you buy an income property (Plex) in a bad neighborhood! 🏘️ 🚗 AND I'm also going to take you for a drive to show you what types of buildings (Plexes) are found there! 🌇 💰 If you're a real estate investor, or if you're thinking of buying a duplex, triplex, or other type of income property, this video could help you avoid making some big mistakes. 🚨 --- --- --- 0:00 - Introduction & explanations about investors who buy or are attracted to "discounted/cheap" income properties in disadvantaged neighborhoods... 2:36 - Very important message! 4:26 - Increased risk of rent arrears and late payments. 4:42 - More visits to the Housing Court (TAL). 5:09 - More financially unstable or high-risk tenants. 5:25 - Very high tenant turnover. 5:56 - Difficulty attracting good tenants. 6:47 - Rents are consistently lower. 7:12 - Difficulty raising rents. 9:07 - Property management will be daily and more demanding. 9:35 - Conflicts between tenants to resolve. 9:55 - Maintaining the properties will be more difficult, if not impossible. 11:13 - Housing deteriorates more rapidly. 12:08 - Older/older buildings. 12:28 - Higher crime rates in disadvantaged areas. 13:13 - Plex appreciation will be slower. 14:06 - Lower resale value. 14:21 - Insurance sometimes more expensive. 14:53 - Crime in the neighborhood. 15:10 - More cleanliness issues in the neighborhood. 15:59 - Never buy an income property (plex) that doesn't align with your values! 16:44 - This is what income properties (plexes) look like in disadvantaged neighborhoods. 19:02 - Conclusion 😉 --- --- --- 👍 If you enjoy videos about real estate investing and income properties, subscribe to the channel for more content on: 🏠 Real estate in the Outaouais region! 📊 The profitability of multi-unit dwellings! 📈 Real estate investment strategies! 👥 Tenant management! 🔎 Realities of the Outaouais real estate market! ✚ And Much More 😉 --- --- --- 📍 If you are shopping for or considering selling a house, condo, or income property in Gatineau, Hull, or Aylmer (or elsewhere in the Outaouais region) and have any questions, feel free to contact me anytime at 819-319-3099 ☎️ --- --- --- 🚨 My complete RELOCATION services are available 24/7. Simply contact me anytime at 819-319-3099 ✈️ ☎️ If you want to MOVE to GATINEAU/Outaouais this month or next year, feel free to call us anytime at 819-319-3099 or email us at [email protected] ✈️ --- --- --- 👉 BUYING / SELLING / MANAGEMENT / RELOCATION --- --- --- Claudio Cid, Residential & Commercial Real Estate Broker with REMAX Vision Gatineau since 2008. Tel/Text (24/7): 819-319-3099 Hull Office: 819-775-9666 Gatineau Office: 819-243-3111 [email protected] www.CLAUDIOCID.com --- --- --- #plex #buy #buyahouse #duplexforsale #duplexgatineau #duplexforsale #gatineau #home #realestateagent #gatineaurealestate #triplexforsale #triplex #rental #realestateinvestment #investment #apartment #housing #housing