Comments on: My Two Cents On Sizing Up A Rental Property Before Purchase….

By: Chris Saracino

Chris Saracino — Thu, 30 May 2013 03:13:41 +0000

In reply to Debbie.

Hi Debbie,

Thanks for your comment. What province are you in?

I think I understand your question, but in the event that I don’t – please let me know.

In short – it sounds like you’re interested in purchasing a building or units, are seeing a lowering vacancy rate and an improvement in the area, but are dealing with a lower than market average rent roll, with a landlord who hasn’t increased the rents. This is often typical in emerging neighbourhoods. Is this the case? You’re looking to see if you can get the existing owner to assist with increasing the rents prior to the sale?

Let me know if I have a handle on this here, so I can better answer your question.

Thanks,

Chris

By: Debbie

Debbie — Wed, 29 May 2013 16:16:00 +0000

I’m curious to know if you know of any way to get a seller to assist in the process of securing rental agreements with current tenants for projected rates versus actual? Our location is seeing favorable signs with lower vacancies and highter rents but many sellers are those who you mention in your article and they have not diligent in implementing regular rental increases to reflect market rates. All other aspects of viable rental properties check out but I fear vacancies for having to implement hikes as high as 20% to make the transactions viable. There must be ways to negotiate with the seller to assist in the process of new rental agreements – yes? Any suggestions and/or feedback to help me figure this out are greatly appreciated.

By: How To Be Thankful And Buy Your First Rental Property

How To Be Thankful And Buy Your First Rental Property — Wed, 24 Apr 2013 14:24:36 +0000

[…] me explain. The prospective real estate investors who never end up taking action and buying their first rental property, seek out as much information as possible regarding real estate investing but yet they never: […]

By: Chris Saracino

Chris Saracino — Sun, 03 Mar 2013 20:50:01 +0000

In reply to vinod gulati.

Hi Vinod,

Thanks for your comment. Just an FYI – We don’t sell rental properties. Renting Well is a tool for small landlords. If you need some advice in your search though, I’d be glad to provide some.

By: vinod gulati

vinod gulati — Fri, 01 Mar 2013 18:02:41 +0000

please help me to buying a rented property residential and commecial