In this episode of Model This!, I’m joined by my friend and former business partner, @PaigeMTL—now a popular YouTuber in Montreal. Paige has been exploring the idea of buying a multifamily building (or "plex" as they’re called in Montreal) to start a co-op.

Montreal, like the rest of Quebec, has had strict rent controls for decades. While modeling a plex in ReturnSuite, we saw just how dramatically these controls affect property values.

0:01 Meet Paige Saunders 0:42 Multifamily properties in Montreal 1:20 Modelling the scenario 1:50 How to build Leasing Rules 3:05 Market rent 3:31 Rent control in Montreal and Quebec 5:15 How much should a landlord pay to have a tenant move out? (Rollover Value) 5:42 Excess (or Deficit) Rent - what it is & what it means 7:15 Calculating Rollover Value 8:42 Final thoughts

To try ReturnSuite for yourself: www.returnsuite.com