Hello,

If I want to lease my own appartment to make money, can it becomes a viable business, is this a good idea to start leasing appartments for leasing it again with a higher price, I dont know if there is a word for that, or if there are documentations or tricks/tips.

Let me know and thanks for answering, you will greatly help.

It's called "sub-letting" and it is likely prohibited under your lease contract.

There's only one "p" in apartment.

Isn't all of Provincial Québec under Rent Control . . . . or is that just for Montreal and Québec City?

I don't think the Rent Control Gods (or Rent Control Board) recognizes the need for any profit by anyone!

What you are talking about is a sandwich lease. Almost always those are strictly prohibited in the lease by the landlord. The reason is If I don't have that in there then you could sublease it to a bum who won't pay and I have to get them out.

No landlord is going to give you free reign to sublease to anyone you want unless they are an idiot. A provision in your lease will say it is not allowed OR that it might be allowed with landlord approval first and certain conditions being met.If your lease doesn't say a word about it then the landlord probably used a cheap Kinko's lease for 10 bucks and gets what they deserve.

No legal advice - read you lease.........

also. thanks for all the info, it really help me, thanks alot guys! you are super.

is there any service companies to go after people who do not pay ? is there a name for that service ?

people who dont respect their leasing aggreements and people who do not pay ? a company searching or sueing them to get the money or whatever the activity is..

let me know if you know the name of such company or if there is a word to name it.

thanks ! :)

Collection attorneys,collection companies they do it all.

If you own the apartment and you want to be hands off use a property management company.