Is Buying a Rental Property Right for You? Consider These Key Factors
Posted by Jill Bird on
When considering buying a rental property in Saskatoon, Saskatchewan, here are some key factors to keep in mind:
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Location: The location of the property is a crucial factor to consider when buying a rental property. Look for areas with high demand for rentals, such as close to universities or colleges, public transportation, or areas with high job growth. In Saskatoon, areas such as the downtown core, City Park, Varsity View, and the University of Saskatchewan area are popular rental locations.
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Property Type: Consider the type of property you want to invest in, such as a single-family home, duplex, or multi-unit building. Each property type has its advantages and disadvantages, so it's important to understand what you're getting into.
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