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InterRent REIT (TSX: IIP.UN, OTC: IIPZF)

InterRent’s strategy of buying properties in need of upgrades is the main reason why its new leases are offering superior returns. The company starts with common areas and then renovates individual units as they come available. Redoing kitchen and bathrooms enables it to increase rents when units turn over.

 


Wealth Builder

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Income Investor

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Interactive Performance Chart

IIP.UN was first recommended here on April 16, 2018