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