Income property—always a sure thing?
Many owners decide to keep their first home or condo as an investment. But should they later decide to sell while tenants are still living there, the initial excitement around owning a rental property can quickly turn to disappointment. Katia Samson, founder of Katia Samson Real Estate Group and Certified Real Estate Broker AEO, possesses more than 25 years of experience in property sales and rentals. Here, she explains why there can be significant drawbacks to renting out your property. About the lease “It is essential to know about tenants’ rights and associated issues when you decide to sell,” Katia explains. “What’s more, a home must be sold and notarized six months before the end [...]