5 Tips for Creating an Income Suite

Make a little cash on the side with these easy tips for building an income suite.

By Deena Waisberg From Reader’s Digest Canada, November 2009

Looking for another way to generate income? Consider installing an income suite (basement, apartment, upstairs flat) in your home. The rent can help you pay off your mortgage and provide a cushion if you ever lose your job. Scott McGillivray, real-estate entrepreneur and host of Income Property, now in its 2nd season on HGTV, provides some tips to keep in mind when creating an income suite.


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