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Should I Rent My Condo? Assessing Risks of a Property Investment

Publication date: 20 February 2020

Abstract

In early 2018, Diana Mulhall was undertaking a career change that would eliminate the need for frequent business trips to Toronto. As a result, she wondered whether she should sell her condo in the heart of the Canadian city or keep it as a rental property to generate income for herself. The housing market in Toronto was booming, so Mulhall believed that the condo would fetch top dollar as a sale. She also thought it would be easy to attract tenants if she kept it as a rental. She had invested in rental property before but never outside of her hometown of Chicago, so Mulhall needed to identify the key risks associated with being a landlord in Toronto.

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Citation

Furfine, C. (2020), "Should I Rent My Condo? Assessing Risks of a Property Investment", . https://doi.org/10.1108/case.kellogg.2021.000066

Publisher

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Kellogg School of Management

Copyright © 2020, The Kellogg School of Management at Northwestern University

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