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Income Property
Sean & Ania
December 1, 2008
Sean bought his semi-detached, former boarding house with the intent of converting it into a duplex to help pay the mortgage. Disaster struck within 48 hours of moving in, when the drain in the basement overflowed and filled the basement apartment with sewage making it impossible to rent. Instead of fixing the mess, Sean chose to tackle the work in the rest of the house, resulting in a year long basement vacancy. To add to the pressure, Sean started a new job AND proposed to his girlfriend, Ania. Not only do Sean and Ania need to fix this rental property to help pay for their mortgage, but they also need it to pay for a big wedding.
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Income Property
Real Estate Investor and Contractor, Scott McGillivray, leads buyers through the renovation of their first income property.