05-07-2015, 06:39 PM
(This post was last modified: 05-07-2015, 06:40 PM by sprudham.
Edit Reason: typo
)
From the investment POV, I've got 2 units in Uptown Waterloo, and both have been rented for over 2 years by the same renters.
Both really nice young couples who have taken really good care of the units. There's always risk when renting, heard a few horror stories, but my experience has been really smooth. I'll hold onto the units as long as I can, and keep my fingers crossed for premium renters like I have right now. Market rent on the condos does most of the tenant weeding for me upfront, and the rest is up to me. I appreciate that my neighbours expect a certain level of decorum, and that's always top of mind when interviewing tenants.
Both really nice young couples who have taken really good care of the units. There's always risk when renting, heard a few horror stories, but my experience has been really smooth. I'll hold onto the units as long as I can, and keep my fingers crossed for premium renters like I have right now. Market rent on the condos does most of the tenant weeding for me upfront, and the rest is up to me. I appreciate that my neighbours expect a certain level of decorum, and that's always top of mind when interviewing tenants.