These services exist but I actually don't know how much they charge. I imagine they make sense at scale, when you have say five places, than when you have a single place otherwise they'll eat into what you make.
The most probable scenario is that after listing, the place, showing it to prospective tenants and signing the lease (use the standard recommended one for your province, for Ontario there is one online) you might receive one call per year tops.
I gotta run but do create a thread on the weekend/later to update on what course of action you've decided on
Brayden Thomas
If you think you might want to move in the next 5 years, renting will give you more flexibility. Selling a property is expensive. If you know where you want to be for at least the next five years, buying a property there is probably not a bad idea. You're insulated from rent increases and you might get some decent price appreciation if you're in a good market. You could always sell the condo, buy a cheaper one to live in, and invest the rest for income.
Christian Garcia
Thank you again for your help I'm saving this thread for later review And I really doubt I'll be able to come up with a plan come the weekend, I do have a bit of time after all. Thanks again man
Bentley Adams
After reading this thread I have come to the conclusion that OP's problem isn't his lack of real estate knowledge, it's that he's a garden variety brainlet that doesn't know what he wants.
Do whatever option is easiest OP. I recommend against risk-taking for you. You have been handed easy-mode, don't fuck it up.
Isaiah Carter
haha I think you nailed my sentiment on this. Normally I make pretty good decisions on stuff like this but normally i'm not moving a million bucks around and that for me is a pretty big placement. Cheers -GV brainlet
