Great video! Given increasing interest rates would you recommend converting a vacant unit (in downtown Kitchener) to an AirBnB due to the potential cash flow upside, or continue with the traditional long term rental?
Great question, depends what you need from the property. Yes, you could potentially get more cash flow but the unit would experience more wear and tear and require more management. This could also have other financial implications for mortgage financing.
Great video Zack & Alec! Appreciate the indepth deep dive and discussion based off of it!
Great video! Love the energy Alec and Zack bring here!
Great video! Given increasing interest rates would you recommend converting a vacant unit (in downtown Kitchener) to an AirBnB due to the potential cash flow upside, or continue with the traditional long term rental?
Great question, depends what you need from the property. Yes, you could potentially get more cash flow but the unit would experience more wear and tear and require more management. This could also have other financial implications for mortgage financing.
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