Out of province investment property

Out of province investment property

Member since 2021 · 4 posts · 1 vote

Hi guys, new on here. Im looking at buying a condo on the east coast. Im in the Gta. Can anyone tell me who can find and place a tenant for me without having to pay for a property manager monthly. Can the condo board do this or the realtor? What fees would be involved? Thank you!

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Rental Property Investor · Port Coquitlam, BC · Member since 2017 · 520 posts · 527 votes
5y

@Troy Hanc  Welcome to BP.   Property management is more than just placing a tenant. Get yourself a property manager so that your investment is monitored and optimized.

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  • Rental Property Investor · Port Coquitlam, BC · Member since 2017 · 520 posts · 527 votes
    5y

    @Troy Hanc  Welcome to BP.   Property management is more than just placing a tenant. Get yourself a property manager so that your investment is monitored and optimized.

  • Residential Real Estate Broker · Kitchener, Ontario · Member since 2014 · 687 posts · 370 votes
    5y

    I agree with @Account Closed 

    The property management is worth the cost.  Especially when you are not nearby.

    You could hire a Realtor to place a tenant for you.  That is usually 1 month fee plus HST for a 1 year lease.

    Good Luck!

  • Member since 2021 · 4 posts · 1 vote
    5y

    Thanks for your help guys

  • Residential Real Estate Broker · Kitchener, Ontario · Member since 2014 · 687 posts · 370 votes
    5y

    My Pleasure!

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