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Recent content by rickm

  1. rickm

    new tenants want to delay move-in for 3 months due to Covid-19

    Hey REINation, Can I get some advice on what to do here? We worked hard and successfully rented out this half duplex to 5 UofCalgary students, and last week they signed a 12 month fixed term lease for May 1/20 - April 30/21. They've even paid their first month's rent up front. Today they...
  2. rickm

    Advice needed for our new student rental

    Hi REIN Nation, If you owned a student rental property, what "House Rules" would you put in your lease? We just purchased a student rental duplex across the street from the UofCalgary (not far from the Red & White Club, site of the Calgary REIN mtgs). It's tough to rent it out at this...
  3. rickm

    Student Housing, is it profitable?

    QUOTE (afshinrein @ Nov 18 2010, 07:55 PM) Hello, Does anyone have any experience with student housing. I am thinking of getting one in Waterloo/Ontario and assign a prop. Management to it. Beside to management part of it, what anyone thinks about its potential for positive cash flow, is it a...
  4. rickm

    Help. Studnt house clepto

    QUOTE (cooldennis @ Aug 26 2010, 10:22 AM) I have a student in my student house that has been there for a year now. I have about 8 different complaints from 6 different tenants that he has stole things from them. Everytime I talk to himabout the theft , his trustee (sister) quotes the landlord...
  5. rickm

    Dumb question - commercial property mortgage insurance

    QUOTE (surfermoe @ Feb 17 2010, 09:55 AM) Sorry in advance for the newbie question. My wife and I had our conditional offer accepted on a triplex that is zoned mixed-use. The seller is willing to do a VTB for 15%, and we`ll put down the remaining 10% needed for the down payment. Will be have...
  6. rickm

    Student Housing Opportunities

    QUOTE (WRicheson @ Jan 1 2010, 06:44 PM) ...In Nova Scotia, Saskatchewan, Alberta, B.C.? Anyone? Hi there, Just to clarify, are you interested in purchasing or renting or selling?
  7. rickm

    A Prayer especially for Real Estate Investors

    Hello friends, This is my first post as a REIN member.. I noted recently that real estate investors had a major role in the expansion of the early church. Acts 4:34-35 reads "From time to time those who owned land or houses sold them, brought the money from the sales and put it at the...
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