Thank you everyone. I am writing the notice to him now and will mail it to him and as will post it at the door. You have provide us with so much information and prepare us with proper step of approach this situation. We have never had a tenant like the one we have now. It is quite a experience...

Hi everyone, I was able to inspect the property yesterday. Wasn't able to talk with the tenant as he say he was unavailable and left the door open for me. (Didn't provide me with new keys.) The hardwood floor suffer alot of scratches from unprotected furniture. Other than that there are no...

Thank you for that yield analysis. That definitely make a lot of since that you don't want a yield that is lower than interest rate. The major industry in DV are primary oil & gas second by forestry Weyerhaeuser sawmill. With the downturn of oil & gas since late 2014, the rental market have seem...

Sorry I forgot to mention Rent includes all utilities and cable and wifi. Would that be justified? If tenant responsible for utilities then upstair 1350-1400 downstair 1000-1050. I like to keep things simple for my tenants usually i just do flat rent includes all. This is in Drayton Valley

Thank you Thomas, Can you explain what is MICs? sorry i have never seem that term before

Hi everyone, I have come across a property and here are the numbers i am wondering if anyone would give me second opinion on the numbers. Listing Price: 320,000 Type of Property: Single Family Home with Legal Downstair Suites. 3bd up, 2bd down. I plan on using the double detach garage as...

Hi Everyone, I am wondering if i can use my Self Direct RRSP to invest into Rental income property directly without deduction from CRA? I only know one way to use this fund which is make a withdrawal which leads to it being taxable income. Is there any other way? If anyone can direct me to...

Thank you everyone for the great advises. Is there a professional eviction company or persons that you can refer to? We are prepare to do the worst if Saturday didn't go well.

Thanks for the quick responses. Sherlynn, 1. I didnt get the new key. Same quality lock. No master key. He did not inform me until i question about it. 2. He did not provide me with the security code for the alarm. I dont mind he install a alarm as every tenant have every right to feel safe at...

One of my tenant is causing me some. I was having hard time to resolve it. I am wondering i can evict him. This is in Edmonton. 1. He change the lock without notify me and give us a new key. 2. Put in a security system without notify us. 3. Just found out he refinish my hardwood floor...

Hi can anyone suggestion a good company that does appliance repair or sell appliance in decent price in edmonton? My tenant just inform me that his fridge is broken. I will need to either repair it or replace it. Which is better way to go? The fridge itself is 3 years old. The describe issue is...

Thank you again Sherilynn ^^

Hi I have a question regarding about taxes. My wife and I have a rental property that we wish to use for owner occupy after lease is up in next summer. Would we have to declare any captain gain taxes between the time that we rent out to the time we decide to use it as personal residence? Anyone...

I am wondering if anyone would share some of the ideas/things that you do or provide for your tenants to add values to them and create that truly competitive edges?

Thank you so much for the great insight Sherilynn!! I am wondering is there specfic law or regulation regards to scheduling a inspection. Or is there a particular way that you can put it in the lease that allows you to do so?