Quote:
Originally Posted by PeanutButter
^is it normal to put not one, but two mortgage helpers in a house that costs $3.4M?
I couldn't imagine paying that sort of money and wanting tenants.
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The norm now, especially when you factor in the culture(s) that may buy these types of houses. Some buyers don’t want tenants and might use these suites for in-law/family/visitors, others don’t need tenants but look at the potential revenue (if both suites are 2 bd suites that basement generates 4.5k in revenue a month) and can’t help themselves. 4.5k a month long term adds up fast.