Dan, You need an Alberta lawyer. But there is some good news from what I understand (I was a lender in a similar situation): 1. If you buy the property under your personal name in Alberta, then your mortgages are "non-recourse" loans. This means the property value guarantees the mortgage...

Hello, In Ontario, you can`t evict a tenant for having a pet as per http://www.ltb.gov.on.ca/en/Key_Informatio...L02_111483.html A tenant can be evicted for having a pet in their unit only if: the pet is making too much noise, damaging the unit, or causing an allergic reaction, or the...

Hi there, Just would like to add to Thomas` Post. My first property was a 5 plex, then 14 plex, then 15 then 52, then 52. In my experience the biggest challenges are: 1. Higher than expected repair costs. It can be huge! 10% of income is usually not enough. Remember, the building is being...

I would not be pessimistic on this one. Your JV puts the money in and wants to feel in control. She does not want the headaches. She shoudl have the right to access the account (hence in her name) and check up on you. No problem. You`ll however need power of attorney to use the account as well...

I am looking for the best agent in Windsor ON dealing with larger apartments buildings? Does anyone have a recommendation? Thank you.

Hi there, There is quite some confusion: Let me clarify everything (we have done many of these forms) - Ontario works is Social Service. They pay the tenants towards their rent, in an amount within their guidelines. - The "Intent to rent form" is a declaration that you intent to rent to the...

Thanks Ed, Hold on... not so fast. Our tenants are people who don`t have the money for a downpayment for buying a house. Not every individual with a bad credit report is a bad tenant. There are decent people who are in financial troubles, who cannot qualify for a mortgage... Our job as a...

This year I will: (... means some details are too private to go on this site) - Sell the Medical Centre - Sell an Orillia building or get it fully rented - Sell the condo conversion project and clear at least $... profit. - Sell the forclosure property - Build 3 houses with ... and sell them or...

May be I did not find it... or it`s not there yet. I am looking for a rent roll module in REMA where I can enter all payments of the tenants on a monthly basis, how they paid (cash, cheque, direct deposit etc.), when they paid (if late add additional fees etc.), how much is applied to Last...