Listen to “Property Investment in Prince Edward County” on Spreaker.
Guest Speaker: Aziz Sidi, Property Investor in Prince Edward County
His Insights
- Can you tell our listeners about your real estate & real estate investing experience? And was this your first investment property?
- How did you hear of Prince Edward County?
- Why did you choose to invest there?
- Do you think other investors should consider Prince Edward County?
- How long did it take you to make a purchase in the County?
- Can you tell us a little about the property that you purchased and how did you know when you had found the right property?
- Why did you decide to purchase a place in town vs on the water or in the country?
- How much did it cost?
- What renovations did you have to do to get it to your standards?
- How much did you have to spend on your renovations & furnishings?
- Where did you place ads to start renting it out?
- Did you promote your places anywhere else?
- How long did it take to get your first booking?
- How is it going now? How booked would you say your place is?
- From your experience how is the vacation rental market in Prince Edward County?
- How do you price your rentals to get the optimal dollars for them?
- Do you ever use the place yourself?
- How do you find the distance since PEC is 2 hours away from Toronto?
- What are some of the big challenges you’ve faced?
- Do you manage the property yourself or do you have a property manager?
- How much in rental income do you think you might pull in this year approximately?
- Would you recommend that others purchase a place in the County?
- Is there anything else you think my listeners should know?
- I always like to ask my interviewees instead of what’s your favourite book but do you rent or do you own and what part of Toronto do you live in?
