Jigsaw007 asked:


Property Investment?
I was invited to an open house by a broker. It was more of an investment property. This is what the broker told me about the property:

1*** Unionport Road, $119K, CC $543.33, tenant paying $940

The tenant that lives in there is renovating the apartment himself. Does this sound like a scam or am I viewing this wrong? The broker advise me if I am interested, the property could be mine but the tenant included and she will lower the price to $114,000. What do you guys think? What questions should I ask the tenant?

Samuel