Recent content by ahmadbelfon

I am starting the next stage of my real estate investing career in multi family properties. I was wondering if anyone has any strong recommendations for a multi family real estate agent in the Hamilton area? Thanks! Ahmad

QUOTE (ChrisDavies @ Feb 19 2008, 10:25 PM) Rooming houses are very common in Europe, and I lived in one when I lived in Scotland. The best suggestions I can give are (1) to screen your tenants with respect to substance abuse and possible violent tendancies, and (2) to find someone to be a...

QUOTE (BobHudson @ Feb 19 2008, 10:45 PM) Caution: before you buy a rooming house, ask your insurance agent about getting insurance on it. Don`t be surprised if this becomes a show stopper! Thanks for the advice Bob. Ahmad

For our next property we are considering converting a six bedroom dwelling in Oshawa, Ontario to a rooming house to maximize our cash flow. We understand that rooming houses attract lower income, more transient tenants and therefore more hassle. However, our strategy is to diversify our real...

This might have come up on previous postings, but I was wondering what is the most hassle free and affordable way to do a criminal background and credit check on a prospective tenant. Can anyone make a recommendation on a good credit and criminal background check company/service? Many thanks, Ahmad

QUOTE (KeenanTameling @ Feb 1 2008, 12:24 AM) Hi Ahmad, There is no hard and fast rule. You must do what is right for you. My advice is to make sure that you minimize any conflict between your tenants. If you don`t mind the hassle of paying the bills all the time raising the rents to cover...

QUOTE (DonCampbell @ Jan 31 2008, 05:20 PM) Hi Ahmad, Check out the shared Utilities Form in the Critical Forms section. That is also a strategy that a number of Members are using Thank you for your response, Don. I will use this form. Thank you also for your book Real Estate Investing in...

QUOTE (SamEfford @ Jan 31 2008, 09:42 AM) Have you already signed a lease? No I have not signed the leases yet Sam. Any recommendations for the structuring of the lease to include utilities? Thanks, Ahmad

Thank you so much for the response. Just for my clarification - do you put the utility bills in your name and collect from the tenants or do you just let the upper tenant take care of it and settle with the lower tenant. My dilemma is who`s name does the utility bill go under and how can I...

We just bought our first investment property. It is a legal duplex in North Whitby, Ontario. We obviously don`t want to pay any of the utilities and we wanted to divide this 60/40 between the upper and lower tenants. We just don`t know what the best way to go about this is. Do we just let...

QUOTE (mikecunning @ Nov 28 2007, 06:28 PM) HI Ahmad: Mike Lake of Mckenzie Lake was recommended to me by my BC Real Estate lawyer... 1.519.672.5666 x 304 Good luck Mike Thanks Mike! Ahmad

QUOTE (BobHudson @ Nov 28 2007, 07:54 PM) My lawyer - as with everyone on my team - is a real estate investor. He understands real estate investing very well and he has an amazing team of support staff. They have capably looked after my past dozen real estate deals. His office is in Oakville and...

I`m just starting out in this business and I`m trying to build a strong team of real estate professionals around me. Can anyone recommend a really good real estate lawyer in the Greater Toronto Area? Thanks. Ahmad

QUOTE (BMironov @ Nov 7 2007, 09:08 PM) Hello Ahmad, I would recommend you to talk to Trudi Johnston She is a REIN member and real estate agent working in that area. Best regards, Boris Thanks Boris! I have contacted Trudi. Cheers, Ahmad

QUOTE (markl @ Nov 8 2007, 08:24 AM) We use Guy Lew - [email protected] for deals out in the durham region. He is a Rein member as well. Good Luck Mark Loeffler www.homeownersoon.com Thank you for the recommendation Mark! Cheers, Ahmad