Do you prefer to invest in a turnkey property or one that has value add potential? There's no right or wrong and it comes down to your risk level & time available. Let us know in the comments below!
If you had to hire a contractor to do the renovation, how much more it would have cost? Does it still make sense to invest in property like this if you don't have any renovation skills?
The purchase price was in the $800,000 and rental income is added to your total income for qualifications. Typically, expect around 4-5x your combined income to qualify so it’s very doable for a middle classed couple in the GTA
Do you prefer to invest in a turnkey property or one that has value add potential? There's no right or wrong and it comes down to your risk level & time available. Let us know in the comments below!
Again, great to see!!
Thanks for the great feedback!
If you had to hire a contractor to do the renovation, how much more it would have cost? Does it still make sense to invest in property like this if you don't have any renovation skills?
It depends on the type of renovation. Stay tuned for our next video that talks about just this!
What cartel do I have to work for to qualify for a 1.2m$ house?
The purchase price was in the $800,000 and rental income is added to your total income for qualifications. Typically, expect around 4-5x your combined income to qualify so it’s very doable for a middle classed couple in the GTA
is simon an agent as well ?
Yes, Simon is our broker