Arlui

Yeah I think having 2 people afford a mortgage is not that bad la...
I own a townhome right now...after 2 kids we will most likely move to an actual house la...
I think once you own a place it will be easier to switch...

Arlui

I think the mindset of Vancouverites who buy to rent isn't looking so much to have high rental yields, but it is more to hold the property for its increase in property value. I have an aunt who holds 3-4 properties at a time, gets enough rental to cover mortgage/fees/etc, hold it for 4-5 years, and sell it at a much higher price...

Arlui

you can't increase the rent too much anyways, every year there is a certain amount you can increase to (like a couple of %?)
just don't be so close with your tenants, it will be easier to raise rents

Arlui

haha..make 2000, save 1500...really need to be frugal....