Hello again,
I am just wondering if there is anyone in Calgary having great success with RTO`s. I have been reading some of the posts and checking out as many sites of RTO companies as I can, but I am hoping to get some information on where to start.
Here are a few questions that come to mind.
Is this a good place to start investing or should I start with standard rental properties?
Is there a particular demographic that fits this strategy better than others?
Should you find a house to buy first or find the client that wants a house and then buy? Does this really matter if it is a sound property?
Do Fix-er-up-ers work well for this type of investment (for the renter to put in some sweat equity) or should you look at "move in ready" properties?
What do you look for in the financial analysis?
Look forward to your responses.
Thanks in advance,
I am just wondering if there is anyone in Calgary having great success with RTO`s. I have been reading some of the posts and checking out as many sites of RTO companies as I can, but I am hoping to get some information on where to start.
Here are a few questions that come to mind.
Is this a good place to start investing or should I start with standard rental properties?
Is there a particular demographic that fits this strategy better than others?
Should you find a house to buy first or find the client that wants a house and then buy? Does this really matter if it is a sound property?
Do Fix-er-up-ers work well for this type of investment (for the renter to put in some sweat equity) or should you look at "move in ready" properties?
What do you look for in the financial analysis?
Look forward to your responses.
Thanks in advance,