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Recent content by MooseHead

  1. MooseHead

    Mortgage companies - higher than 80% LTV?

    Hey everyone, just wondering if anyone is aware of any company currently offering higher than 80% LTV mortgages on rental properties? I know Xceed was offering mortgages with only 10% down and Firstline at 15% down a few years ago but not any longer after things have tightened up. Any new...
  2. MooseHead

    How to filtre out bad tenants early

    Awesome, thanks for sharing. I have always added "Credit checks, character reference checks, and criminal background checks of prospective tenant(s) to be completed without exception." in my ads which has worked well. I also only include my email (one specifically for my rental properties...
  3. MooseHead

    PM Express

    Just wondering if anyone here has tried out the PM services of this company and if so, how are you liking it? Here is the link to their website: http://www.pmexpress.ca/ Cheers, MH
  4. MooseHead

    Where to find average income data on smaller cities?

    Welcome to the forum! Here you go: http://www.city-data.com/canada/Prince-Albert.html Good luck with your market research. Cheers
  5. MooseHead

    First Joint Venture

    Congrats! Great read, thanks for sharing. How did you like the ACRE home study set you got along with your REIN membership?
  6. MooseHead

    Refinance Question

    Hey guys, I'll try to keep it short. I'd really appreciate some input from some of you more experienced investors. Please let me know what you think. Current debt: $12,000 student loans (6K at 4% & 6K at 6%) $5000 renovation debt at 9% (unsecured LOC) Duplex purchase price $82,000...
  7. MooseHead

    Work Truck - Worth It?

    Thanks everyone for sharing your ideas & opinions. I've decided to suck it up, put a little $$ into my current truck and keep it. I will likely try to keep it for another year or two. As much as I would like a new vehicle, I like not having a truck payment even more. I'm also trying to save...
  8. MooseHead

    Timing my renovations - does this make sense?

    Does it make sense to spread out renovations (repairs) over several years to take advantage of expense deductions to reduce net profit? Basically I'm in the process of completely renovating the main level unit of my up/down duplex. I will also need to rebuild the stairs/landing area to the...
  9. MooseHead

    Work Truck - Worth It?

    My old truck is starting to die on me so i'll soon be in the market for a new truck. I'm debating purchasing a 4 door pickup 4x4 which will be my only vehicle vs purchasing a 2 door reg cab pickup used solely for my rental properties (as I self manage and reno my units) and purchasing a nice...
  10. MooseHead

    Q regarding raising rent (Ontario)

    Would it make more sense to give notice this month so that I may rents by 3.1% in Nov? I didn't raise the rents for 2012 but after seeing rent increase for 2013 at 2.5% I figured I might as well raise them prior to 2013. I just wanted to make sure it was as simple as it seems and that I wasn't...
  11. MooseHead

    Q regarding raising rent (Ontario)

    Hi guys, quick question regarding rental increase. Would it make more sense to raise rents for Nov 1/2012 at 3.1% with the 90 day notice or wait for Jan 2013 which would only be 2.5% I believe? Cheers, MH
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