Discovery and due diligence, finding the land, the design and plans of what you want to build , financing , etc?

They give tourists an alternative option to boring hotels, while spending money at restaurants and other area attractions.

The new features that Airbnb is introducing seem geared toward attracting more hosts, so I can only assume demand is increasing much faster than supply.

This also opens up the opportunity to attract tenants with higher levels of income.Ease of ownership Finally, the fact that the property has multiple owners means that there are multiple sets of hands to take care of the day-to-day operations of managing an investment property.

Real estate agent, designer, buyer What was the outcome?

We wanted a nicer property to minimize maintenance headaches and to attract a higher class of tenant and therefore new construction was recommended to us.

You will attract better tenents and your property  value will appreciate. everything will cashflow depending on how much money you use as your down payment, however using only 20%, you will need to look outside the Gta Try looking at Peterborough,  London, Kingston or Brantford. 

Hello everyone and happy new yearI’m going over a single family brrrr and wanted to get your opinion on the refinance part as that’s what I’m analysing.I would be leaving roughly 14-18k in the deal and after paying expenses which include the following ( management, %4 vacancy, 4% maintenance, insurance, property tax, income tax) I would be left cash flowing $250-270. probably not attractive for the seasoned investors but for me it’s pretty decent?

All these places are close to the L and each neighborhood has their own attractions.

However I think that the cash flow numbers on paper can at times look so attractive that we forget about the fundamentals of the property and clientele that will be living there.