A little update on the over 55’s investment. We have now purchased a 2nd unit, again for $86k, it is also tenanted for $220/w. Both of our tenants are very happy with the complex.

On the topic of tenants, both units have tenants over the age of 80 in them (a single in one unit and a couple in the other).

At this age the expected tenancy period…[Read more]