Hi, I am looking for an experienced investment realtor who: 1. for long term relationship 2. has own investment properties 3. has enriched investment property experience for at least 5 years 4. market SME at West of GTA or Niagra fall's region 5. has patience and detail oriented, can set up...

thanks James, we have sump pump in the house and it is working properly, that's why it is very strange for us now, we have no clue why and how it happened... Frustration!!!

Thanks guys! the house is +100 years old but the previous owner has done the foundation sealing for the whole house, so it is very suspicious to have the leaking now...the funny thing is the sewer guy told me he does not think it is the pipe issue, instead he thinks it is the ground leaking. I...

We bought a duplex in Kitchener in June and tenant reported it had water in the basement after the heavy rain recently... Does anyone know any expert in this area as we called a company in and was told there may be sewer drain issue, we found a plumber in and was told it does not look like the...

yes, thanks Thomas, always good to know! how you define the book value? Thomas

can I use the re-finance money to pay for my primary property and get interest deducted? Thomas

Thanks Thomas, I remember we had discussion regarding the interest deductible and you said no matter it is from the investment property to primary or from primary into investment e.g. HPLC, then the interest is deductible.

Thanks for all the tips and help! To make tenants happy, we decide to bear the cost by ourselves for this year but agreed they will set it at 24 degree when A/C is on...they seems happy now. When this lease ends, we will discuss with them to pay hydro by themselves with the rent stays the...

Thanks Thomas, will get appraisal then...but normally, the appraisal will come much less than the market value though.

Hi, we have lived in our house for the past 13 years and are going to move to new place,we are planning to make the current one as our investment property after that... My question is whether we should have a home appraisal for the current house to convert it from primary to rental or not...

Thanks Thomas, you are always helpful and knowledgeable! Yes, it clarifies my question and confirmed as re-finance, we do Not need to file the tax for capital gain as there is No sell, we will only report the capital gain when the actual sell happens. For my case, we purchased at $240,000 5...

Hi , I am wondering whether anybody is using/used or have any feedback regarding this company? their website is: http://www.torontorentingguide.com/ I could not find a lot of feedback for them... Thanks, Sue

Why there is Nobody reply to my question? I assume this is very common cases for all of us, we do re-finance all the time for our investment property... Also I want to know how to file the tax when selling the property? e.g. original purchase price is $300k, refinance to $400k, selling at...

Hi, We are doing re-finance with one of the investment properties now and my question is: are there any tax implication with the re-finance? for example, we bought the house @300k, now we re-finance it as @400k, do we need to file any tax for it? My understanding is we do Not need to file...

if you have not bought the house, why bother to this property? I think the risk is not worth here, there will be always good property in the future...