JenButNeverJenn
New Member
Does anyone here own property that they rent out?
I'm looking into this option (condos / apartments) and am starting by doing some research ... collecting info from Renters News / MLS / Craigslist / Kijiji on locations / property types / features vs rental price ... and also looking at what potential renters are posting in the "Wanted" section.
Obviously, I'm also comparing this to the costs (mortgage, condo fees, taxes, etc.).
* Can anyone share any insights on the rental market (demands, desirables, etc.)?
* Any pros and cons to this, especially if you know of aspects beyond the obvious ones (ie: crappy tenant situation)?
* Your own story on how you're managing this? Or perhaps why you're specifically avoiding this?
Much appreciated.
I'm looking into this option (condos / apartments) and am starting by doing some research ... collecting info from Renters News / MLS / Craigslist / Kijiji on locations / property types / features vs rental price ... and also looking at what potential renters are posting in the "Wanted" section.
Obviously, I'm also comparing this to the costs (mortgage, condo fees, taxes, etc.).
* Can anyone share any insights on the rental market (demands, desirables, etc.)?
* Any pros and cons to this, especially if you know of aspects beyond the obvious ones (ie: crappy tenant situation)?
* Your own story on how you're managing this? Or perhaps why you're specifically avoiding this?
Much appreciated.