If you are a beginner real estate investor or thinking about becoming a landlord for the first time, this is a video that you need to watch.
The minimum down payment on a rental property in Canada is 20%. But with such high real estate prices in Vancouver and the rest of the lower mainland… and province for that matter, does the minimum cut it?
In this video, Steve Karrasch real estate agent in Surrey BC, looks at how big of a down payment you will have to put down to cash flow positive in a:
1 Bed Condo
2 Bed Condo
3 Bed Townhouse
and
3-4 Bed Single Family Home
Information use in this video was taken from rentboard.ca and the FVREB average price statistics in the City of Surrey.
If you are thinking about investing and would like some help, please reach out in which ever way below is most convenient.
Don't miss our 1000 Subscriber Give Away
book time with Steve: https://calendly.com/stevekarrasch
call or text: 604-549-5828
email: steve@krproperties.ca
The minimum down payment on a rental property in Canada is 20%. But with such high real estate prices in Vancouver and the rest of the lower mainland… and province for that matter, does the minimum cut it?
In this video, Steve Karrasch real estate agent in Surrey BC, looks at how big of a down payment you will have to put down to cash flow positive in a:
1 Bed Condo
2 Bed Condo
3 Bed Townhouse
and
3-4 Bed Single Family Home
Information use in this video was taken from rentboard.ca and the FVREB average price statistics in the City of Surrey.
If you are thinking about investing and would like some help, please reach out in which ever way below is most convenient.
Don't miss our 1000 Subscriber Give Away
book time with Steve: https://calendly.com/stevekarrasch
call or text: 604-549-5828
email: steve@krproperties.ca