Be rental-ready to make some money

With more houses for sale and many homeowners conscious of their current equity position, renting out their property may make sense. It doesn’t hurt that predictions are the vacancy rate in Edmonton will go down, and that means the demand for rental properties will go up.

If you’re thinking of renting out your home, I believe there are a number of factors to take into consideration when making a decision. I encourage you to take a look at the following tips to determine if this option is for you. I do work closely with real estate investors; however, given I am a mortgage broker and not a Realtor, the information following is what I have had the benefit of picking up over the years while working closely with both borrowers and Realtors.

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