Buying a Rental Property

4 questions to ask before buying a rental property

Owning a rental property can be a profitable investment -- but it's not for everyone. Here are some questions to ask yourself before you take the plunge

By Krystal Yee

 

If you're thinking of purchasing an investment property to rent out to tenants, you will need to do some serious research. There's much more to being a landlord than putting up an ad on Craigslist -- it's like taking on a second job. You will need to factor in realistic financial projections, and carefully weigh the pros and cons of your decision. 

Stay tuned for the first question next week....

 

Source: Canadian Living

Walter Warford

Walter Warford

Sales Representative
CENTURY 21 First Canadian Corp., Brokerage*
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