What is considered an income property?
Channel: Ottawa Income Property
Date: 2021-12-14

What’s considered income property?  Any property that generates revenue.
Different investors have niche markets.
For example I deal with investors who focus on:
Buying and renting multi unit buildings, like a 3, 5 or 10 unit building.
Some only buy condos to rent out as they are managed by the condo corporation with less involvement for them.
Some investors only buy to rent to students, some of these can be cash cows.
Some investors buy single family homes and add a secondary dwelling unit or SDU (basement apartment)
Some will buy and rent out single family homes to professionals.
All of these are income properties.

Are you looking to buy an income property, have a look at current listings
https://www.agentinottawa.com/income-property-for-sale/

#incomeproperty #multifamily #investoragent