First-time buyers becoming landlords
June 30th, 2011
After years of paying rent, first time homebuyers in B.C. say it’s time they started collecting it. According to the 2011 TD Canada Trust First Time Homebuyers Report, 56 per cent of first-time homebuyers in B.C. are looking for a home with a rental unit. Eighty-five per cent think the unit will generate between $500 - $1,000 per month and seven-in-ten say the extra income will go towards paying ...