I have a lot of clients who want to buy properties that have the possibility of renting out the basement for some extra income. There are several concerns that you should be aware of if you intend to do this. 1. Is the apartment legal? In Barrie, very few basement apartments are actually legal apartments.… Continue reading Renting underground
Tag: tenants
Student Housing in Barrie
There is definitely a stigma attached to student housing. Some investors shy away from that market due to the high turnover rate and the idea that students will damage the property. There’s a new reality, and investors should take note. In Barrie, there has been a lot of discussion surrounding the rentals around Georgian College.… Continue reading Student Housing in Barrie
Leasing Residential Property
I’ve realized that very few people know that real estate agents are also qualified to help individuals when they are looking for a home or apartment to rent -or- when they have a house or apartment that you would like to rent out to tenants As you might know, there is even a section on… Continue reading Leasing Residential Property
Buying tenants
If you are purchasing a home that is currently rented out (or has an apartment that is currently rented out), there are extra precautions that you should take to ensure that the closing will go smoothly, whether you want to buy the house empty or want to keep the tenants. If you are buying a… Continue reading Buying tenants