minamikaze
Senior Member
- Joined
- Sep 30, 2016
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Hi!
Just wondering how many condo landlords are here? What has your experience been so far, e.g. in terms of good/bad tenants, rental going up/down/same for X years, condo value fluctuations etc?
To share a bit about myself: We (wife and I) have 2 condos - 1st one was bought in 2015, 2nd one was bought in early 2018. According to SRX, both have appreciated about 15% so far. Rental has been pretty flat, but we're looking at a gross yield of about 3.5%. So far we've had good tenants but not sure how long that would last.
Just wondering how many condo landlords are here? What has your experience been so far, e.g. in terms of good/bad tenants, rental going up/down/same for X years, condo value fluctuations etc?
To share a bit about myself: We (wife and I) have 2 condos - 1st one was bought in 2015, 2nd one was bought in early 2018. According to SRX, both have appreciated about 15% so far. Rental has been pretty flat, but we're looking at a gross yield of about 3.5%. So far we've had good tenants but not sure how long that would last.