Updated 3 months ago on . Most recent reply
If You Would Hate Living There Your Tenant Will Too
The biggest mistake I see investors make when buying rentals is that they assume tenants will be okay with the quirks that the property has.
If something about a property annoys you if you lived in the unit, IT WILL ALSO BOTHER YOUR PROSPECTIVE TENANT.
Could be a bad location, shared community space to get to unit, low ceiling heights, bad lighting, not being fully rent ready, etc. These issues lead to higher DOM and lower rents.
Tenants don't overlook these issues and neither should you.
- Logan McKay Zylstra