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    Lowering Basement Floor

    Does anyone have any experience with hiring contractors to lower the basement floor (via jackhammers) to allow the basement of a rental building to be renovated (and thus rented for extra income)? Any feedback would be appreciated, just trying to get an idea of what I`m getting into here. Any...
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    Building a Garage

    Would love to get some insight from the brilliant minds here..Here we go... I have a house (used as a duplex) on the front of a very, very large lot. There is a TON of unused land behind this house. I`ve approached the city about severing the land so I can build on it, they said no. I approached...
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    Bank of Canada Cuts Rate (again)

    Anyone heard yet if the Banks followed with a cut of Prime by 25 basis points? Or did they balk at it again?
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    US Government Bailout of $700 for bad mortgages

    Does This Stop the U.S. Housing dive & Create a Market Turnaround? Just curious as to what the brilliant minds here at REIN think about this announcement... specifically, does it stop the U.S. home prices from freefalling like it has since 2005? Also, in case anyone is interested I`ve...
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    Problem Tenant? Or New Problem Tenant?

    Ok so I have a situation I`d love to run by the brilliant minds here... As a Landlord, What would you do? The property is a duplex where the one tenant "DAN" on one half of the building has been living for several years. There`s both positive & negatives to this tenant named `Dan`: Positives...
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    What Real Estate Season Are We In?

    Summer? Autumn?
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    PLP Contracting

    Just wanted to say that PLP Contracting just completed some major renovations for one of my investment properties. I connected with PLP Contracting through REIN - as PLP Contracting is a REIN member... The work that they did was absolutely fantastic. Very professional, extremely reliable, and...
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    Am I getting ripped off?

    Thought I`d throw this out to the many knowledgable and reliable members out there to get your thoughts on this. I`m not very knowledgeable about this sort of stuff at all. I have a current front deck in the front of my home. I`ve contacted a concrete company to come out and remove the deck...
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    New Windows or New Furnace with A/C?

    I`ve come up with about $5,000 suddenly... I have a duplex that is nearing vacancy... There is no air conditioning and the windows are incredibly old and need updating. I`ve got 2 quotes to consider - one for $5,000 in new windows and another $5,000 quote for a new energy improved furnace and...
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    Alberta Assumables

    The Calgary and Edmonton market slowed down at about the exact same time lenders pulled the plug on the incredibly attractive "assumable mortgages" in Alberta (whereby one could assume a mortgage without qualification). Is there any truth to the possibility being thrown around that this...
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    Prime rate is going down....

    Prime is going from 5.25% where it currently stands all the way down to 3.75% according to TD Economists and RBC Economists. The forecast is that Prime will be cut by 50 basis points at each of the next three meetings. Seeing as you can still get a mortgage of Prime minus .50% to .75% or even...
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    Hot Water Heater - Rent it or Buy it?

    Was wondering what you thought of the hot water heating option to rent or buy. Please forgive me if this discussion has already taken place... I have several rental properties in Ontario. The hot water heating tanks are all from Reliance Home Comfort. Each house costs for this expense approx...
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    Oshawa Propery Manager

    Can anyone recommend a quality property manager in the Oshawa area? Thanks in advance!
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    Building a Garage for Cashflow....

    Hi, My current property is an older home located on a very large lot. There is no garage currently. The backyard is one of the biggest backyards I`ve ever seen in Ontario. My plan all along was to build equity, then eventually tear down the current single family home and build a four or...
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    Problem Tenants

    I`d like to hear about any problem tenants you or others you know may be experiencing - you know the ones... & what you`ve done or are planning to do to rectify the situation. I think it would be a good learning experience so others know what to look out for. I`ll share my current...
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    What`s Wrong with London Ontario?

    Anyone interested in investing in London Ontario? We always seem to miss out on the REIN top 10 Ontario Towns to Invest in. London is consistently honorably mentioned farm-team worthy but never top 10 material. However, I`ve compiled extensive data and have chosen it as my target investment...
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