This can be especially helpful if you’re uncertain about repair assumptions or costs.If it’s a contractor you’ve worked with multiple times, involving them early in the process is often beneficial.

Live in one unit - It's a great strategy when using a bank for financing as the down payment and interest rates are more favorable to owner occupants.  

Research your local market, budget realistically, and focus on properties with good potential in desirable areas.

Happy to chat more, reach out anytime!

As an investor, comps tend to harm you more than help.

I repeat this often in this forum; Understand how to screen, understand the community you are serving, understand the culture and treat your tenants with respect.

You'll find more 2-5 units in some of the older parts of our city right outside downtown. 

Visit with people there and you'll get a more detailed look at things from people actively working in the areas.

I’ve come across details regarding the Prohibition on the Purchase of Residential Property by Non-Canadians Act, and it seems there are exceptions for buyers with a valid work permit or for properties outside Census Metropolitan Areas (CMA) or Census Agglomerations (CA).Do you know if certain types of work permits are more favorable for this purpose?

Let’s Change That in Just 5 Days!