My rental insurance is due. Any suggestions on what coverage to include and amount for deductible? Personal liability, sewer backup, loss of rental income, full replacement coverage of dwelling and out buildings up to 80% of value - should I consider anything else? Thanks

That's good insight kfort. I've been rethinking my approach. Not sure if I've come to any solution though... I'd prefer A or B grade tenants but the corresponding neighbourhoods and properties are expensive. I'd self manage the property and I'm not against C++ tenants with the right property...

My strategy consists of converting a single dwelling bungalow into a duplex. Those areas are attractive to me b/c they are somewhat affordable and would cash flow, especially with a detached garage rented separately. I hadn't really thought about tenant profile, instead I've been more focused on...

I'm local, and apparently looking in the wrong place! I think there are some hidden gems in select areas of those neighborhoods.

"Stress test the mortgage at a higher rate" - I don't understand. Do you mean take the mortgage out over a longer term, with a higher interest rate compared to a shorter term and lower interest rate ?

I think there is opportunity in Meadow Green, Mount Royal, King George to name a few. I'm looking at bungalows with basement suite potential.

Two quick responses, that's great. I guess my biggest question is, is now the right time to buy? The City has expanded quite a bit and more and more new homes are on the market. Some are being sold with basement suites already installed. House prices have decreased over the last year and as...

I'm planning my next house purchase in Saskatoon. Is anyone familiar with the market fundamentals in this city?