Paying
30 Days/0.7% per day; 60 Days/0.8% per day; 90 Days/0.9% per day; 120 Days/1% per day; 150 Days/1.05% per day; 180 Days/1.1% per day. Deposit will be returned
Min/Max: $50 / $10000
Referral: Min 3,2,1% - Max 7,5,3,2,1,1,1%
Withdrawal: Manual
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Our Investment: $280.00
Payout Ratio: 36%
Last Payout: Apr 11th, 2019
Added: Feb 6th, 2019
Monitored: 73 days
Lifetime: 73 days
A report by Canada Mortgage and Housing Corp. suggests a majority of landlord investors who bought properties in large, high-rise condominium buildings in downtown Montreal are not collecting enough rent to recoup their operating expenses. The national housing agency estimates that investors who made a 20 per cent down payment on their properties are spending more on mortgage payments, condo fees and property and school taxes than the amount they receive in rental income.
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