Quote:
Originally Posted by Special K
Did you offer to take her with you to your new place?
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Yeah but my new place is too far from UBC for her - I'd otherwise be willing to rent to her for below market.
Quote:
Originally Posted by Special K
Also, don’t rush renting out your suite. Waiting for 1-2 more months for the right tenant is better than having to kick them out later. Always do proper forms to protect yourself.
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100%. Don't rush to rent out - sometimes the timing isn't right. My place became available right when COVID started so there was very little interest and the applicants weren't appealing to us so we left it empty for 3 months. Don't depend on 12 months of rental income a year - plan for 9-10 months so you have some flexibility (banks only take into account 50% of it).
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Current: 2019 Acura RDX
Gone: 2007 Acura TSX, 2008 Mazda 3 GT, 2003 Mazda Miata LS, 2008 Mazda Miata GT PRHT, 2003 Mazda Protege 5
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