Quote:
Originally Posted by PeanutButter
dealing with tenants and property maintenance/problems is such a pain in the ass. The juice is definitely not worth the squeeze anymore.
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The condo I had in Maple ridge was painless. I never even saw it. Property manager did everything. Cost of the Condo was $199K 15 years ago. For some reason I got a 15 year mortgage. Sold the Condo this year for $457k.
Rent did not fully cover the mortgage+strata but it covered most of it. If the current tenant long term tenant was willing to move I could have charged market rend and be making around $1200 a month after strata and management fee's.