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Investment Properties: What You Need to Know Before Buying
Manage episode 351652234 series 2794891
Content provided by James Garbutt and Denny Dumas, James Garbutt, and Denny Dumas. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by James Garbutt and Denny Dumas, James Garbutt, and Denny Dumas or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Purchasing a rental property is a popular option for many people hoping to get their foot in the door with real estate or for homeowners wanting to re-invest their current home's built-up equity.
James and Denny break down the benefits, challenges, and responsibilities of purchasing an investment property and becoming a landlord.
This episode will cover what to look for when buying a rental condo, the difference between an owner-occupied or vacant condo and a rented unit, potential monthly rent amounts versus what condo mortgages and expenses cost in different cities, the reasons why you would evict your tenant, and allowable yearly rental increases and restrictions.
Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel - https://www.youtube.com/channel/UCHK2L-KswYO93195yndFAmA
Email us at garbuttdumaspodcast@gmail.com
James Garbutt Instagram: https://www.instagram.com/jamesgarbutt Facebook: https://www.facebook.com/jamesgarbutt Website: https://jamesgarbutt.com
Denny Dumas Instagram: https://www.instagram.com/denny.dumas Facebook: https://www.facebook.com/denny.dumas.5 Website: https://www.dennydumas.com
Monica Harmse Instagram: https://www.instagram.com/monica_harmse Facebook: https://www.facebook.com/MoodyProperties.ca Website: https://moodyproperties.ca
Garbutt + Dumas Real Estate Instagram: https://www.instagram.com/garbuttdumas Facebook: https://www.facebook.com/GarbuttDumas Website: http://www.garbuttdumas.ca
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