Tips for investing in a preconstruction condo


Posted November 2, 2020 by Jordanvick

A version of this article was first published on Paraga.
 
If you are looking into investing in a new home a condo is your space of choice, then investing in a preconstruction condo is the thing to do. It is not only a very popular type of living situation but getting your hands on a preconstruction condo is very cost-effective too.
Maybe you don’t want to invest in one and are just looking to rent one that you already own.
Here are some tips for you no matter what side you are on.
For Property Owners
You want to look for someone who manages
• everything for you such as identifying suitable tenants
• leasing of property
• collecting and regulating rent payments
• following up on any changes in the rent guidelines and also implementing them (this also comprises enforcement of increased rent rate)
• preparing monthly financial reports and
• dealing with any up-keep/maintenance requests.
For tenets
As a tenant the ideal service for you should
• provide high quality, affordable housing for your budget
• is willing to follow up and ensure you are comfortable
• act as your representative
For Buyers
As a buyer you want a service that
• also does the above so they have the right information and a lot of it
• have analyzed your area of choice
• has a number of satisfied customers on their books because investing in a preconstruction condo or an already ready one is a big deal and you should be making sure you get it right.
Good luck!
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Issued By Jordanvick
Country Australia
Categories Banking , Beauty , Blogging
Tags condocanada , condos , condotoronto , townhomes , townouses
Last Updated November 2, 2020