I personally write a short letter thanking them being good tenants. and a $50 gift card. Come to think of it, $50 a year equals only $1 a week as a reward. They pay hundreds of dollars to me every week. :)
Hi there
I am recently looking for my 2nd IP. There are 2 units I am interested in. But both of them are 30+ years old.
As a newbie investor, I am just wondering what are the disadvantages of buying an old property?
Things I can think of:
- building may need more maintenance from wear...
I don't wish I was somebody else. But sometimes I do wish I did things differently in the past. But that could never happen. So I can only look forward and move on.