Given the average rent in the GTA and increasing interest rates the stress will become even more extreme if let as it is.Housing shortages aren't cured overnight.And a heads up. some of the big 5 banks appear to be increasing their posted rates.

If you invest in an area that is prone to vacancies during downturns due to the job market or renters moving out to buy homes, then you have to be prepared for longer vacancy periods and increase the factor in the analysis.Most areas don't have this issue.

Hello everyone my name is Edwin manning i currently live in the Modesto Ca area and i'm about 5 days new to the Bigger pockets site and would love any help navigating. As we all know real estate has sky rocketed acros...

At some point in time if you can not raise rents considerably higher and pull the equity you will need to sell otherwise the dead equity will turn the property into a liability.

As a result, I have done little to increase its value.

If I have multiple people vying for this property, is it legal to increase the asking price for the rent the same way you would do with a sale?  

Maybe include in the contract an increase at year 2?

One of the value-adds we want to do is add a washer dryer hook up in the units as we can get a nice rent increase for it. 

You don’t sell it on an option at market price, you increase the price, maybe $239k.

In order to increase payments for one thing that may benefit Peter, they have to raise taxes on Paul (or inflate the currency).