Recent content by JohnBeddome

  1. JohnBeddome

    BARRIE! Easy to Rent (Less than 1% Vacancy)

    This Fully-Renovated Townhouse is Located in a Family Friendly Neighbourhood/Quiet Street Close to Schools, Shopping, HWY 400 & GO Stations. Great Layout with 3 Generously Sized Bedrooms, 2 Full Bathrooms. Large Windows Throughout with Lots of Natural Light. Finished Basement with Walk-Out to...
  2. JohnBeddome

    My intro and questions for contacts in Barrie area.

    Hi Kyle, I live, work, and invest in Barrie. As an investor I specialize in small multi-family and single family properties in downtown and southside Barrie. Do you know what type of property you would like to start with? I would suggest talking with a mortgage broker about planning the...
  3. JohnBeddome

    Rent being too little. Can you increase it?

    QUOTE (ThomasBeyer @ Jul 6 2010, 11:51 PM) .. more than 7 percent at the end of first year lease. Again, is this legal? what province ? Who allows 7 percent ? Know the local landlord-tenant act. THIS IS A BUSINESS. KNOW THE RULES. You don`t have to love the rules .. but you have to play...
  4. JohnBeddome

    Rent increases for renovations

    QUOTE (Runman @ Jul 6 2010, 09:19 PM) Hey everyone, I was wondering if anyone has any experience with rental increases secondary to renovations in the province of Ontario. For example, let`s say I wanted to renovate my apartment building and needed the tenants to leave, can I do this? Also, can...
  5. JohnBeddome

    Rent being too little. Can you increase it?

    QUOTE (ottawaman @ Jul 6 2010, 08:08 PM) A couple of months ago, I went into real estate investing and became a landlord. The good news is, a good friend rented this place. The bad news the rent was so low that my cash flow is negative every month. I was planning to increase the rent (more than...