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Updated over 2 years ago, 08/10/2022

User Stats

34
Posts
9
Votes
Stephanie D.
  • Kingsville, Ontario
9
Votes |
34
Posts

Getting cold feet - help!

Stephanie D.
  • Kingsville, Ontario
Posted

So we've got an accepted offer and have fulfilled all conditions. Had a bit of trouble with financing due to the type of foundation but that has now been resolved. But last night, just before our deadline, I wrote to the real estate agent and told him we wouldn't be buying the property. He actually wrote a nice message in return and now I am second guessing myself. My main concerns: What if we can't rent it? What if we have a terrible tenant experience? What if something goes really wrong with the duplex? I want to invest in real estate because I want to diversify our investments, but I'm not that excited about being a landlord. We plan to hire a property manager, but I am still worried.

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