Agent DK has Candid Discussion about Real Estate Investing with RentingWell.com

Rentingwell.com sat down for lunch at Union 613 with Agent DK a couple of days ago and took the opportunity to discuss income properties and some other real estate stuff in the Nation’s Capital.

I sat down for lunch at Union 613 with Ottawa realtor Dimitrios Kalogeropoulos (a.k.a Agent DK) a couple of days ago and took the opportunity to discuss income properties and some other real estate stuff in the Nation’s Capital. Agent DK works with Royal Lepage and returned to Ottawa from Toronto last year (where the market is quite different). He’s a fountain of knowledge and full of good tips when it comes to rental properties in Toronto and Ottawa, and he’s a guru to any potential landlord looking to add to his or her property portfolio. He brought up a few really great points over a discussion about what to look for when purchasing an income property and debunked some buying myths along the way. One myth in particular is that the only real thing that matters when sizing up a property is the cap rate.One myth in particular is that the only real thing that matters when sizing up a property is the cap rate.

First off, what is a cap rate? I’ll explain…

Click here to read the article posted on Rentingwell.com’s website