I am at a bit of a loss for ideas on a property that i purchased just over a year ago. It is presently rented but tenants are moving end of Feb which leaves me carrying a home that was meant to flip. It is 3 acres, large somewhat dated house with a barn. I am not sure whether to list or sell...

I have an accepted offer to purchase on a duplex. The price is certainly right however due to the fact that it is a foreclosure there is a tenant in the upper unit that comes with the building. Problem is...rent is far too low and I have no idea what type of person he is. How can I get rid of...

Just wondering the best way to handle this situation. I have 4 young men coming from another province to work in Ontario. They are going to be renting a house from me. The rent is all inclusive. How do I go about making one person in charge of the responsibilities-ie. rent collection...

Just wondering how you would handle a certain situation. This would be the third month renting to my present tenant. She called on Sept 2 to inform me that the chq that I had deposited on Sept 1 may not clear. Of couse it was too late at that point to do anything but wait. A week later I...

Just had an offer to rent a vacant garage of one of my rental homes. $50.00/month and it is to store a seasonal sports car. I do know the guy as we live in a small town. I explained to him that since I didnt want to disturb the tenants in the house, access to the garage would be limited...

Just wondering if anyone knows how the area in Calgary known as Woodlands and in particular the street Woodfern Rd. is for real estate investing?

While reviewing the property print out on a house I was looking at, under Tenure: it says Lease/rental. Most of the listings say freehold. Does anyone know what this means, and also it is zoned ND (neighbourhood development) again something I have heard little about. Thanks

There is an estate sale on a home that I believe to be priced below market value. It has a large property with a solid brick house on it. From my understanding, there are 3 offers being presented on Friday to the Lawyer for his consideration. The family are fueding and have put the decision...

Any comments on multi family dwellings. I realize that it is a whole new adventure(as opposed to single family units) however, can you give me some feedback with regards to mortgages, insurance or any other possible suprises? Thanks Chris

I have to opportunity to purchase a bungalo 2bdrm. totoally renovated on a huge 160x130 ft. lot with beautiful tall trees and seclusion. My banker however says that the bank may have issues with the fact that it sits on block and pillar. I believe that if the $ were not to high perhaps...

There is a rental property program by intuit or there is Quickbooks--any other suggestions?

I currently own several rental properties and on my insurance policy i chose to go with a $2500.00 deductable policy for each to save on premiums. I am now considering adding rental loss coverage and was advised that this would add aprox. $90.00 per property per year. Any input? Thanks Chris.

I am purchasing a bungalow of 820 sq. feet, block, crawl to rent out. I am wondering if a home inspection is worth it or not? The price is $300.00, and although a problem could cost alot more, I feel that for the 2 hours work that is steep!? Any feedback would be appreciated. Thx

My son has the desire to venture out of Ontario and try his luck working in Edmonton. We have had many responses from his ad on Kiji but I wanted to ask my REIN friends which area would be the best opportunity for employment and sucess for a 20 year old young man. We have had a call from a...

I recently had an accepted offer to purchase on a commercial building. The contract that I agreed to, had the vendor paying the GST tax on the sale which is aprox. $5700.00. My real estate agent now informed me that it was a mistake on both parts as the GST on commercial buildings is paid by...

Would real estate investors stay away from this situation? I recently purchased a home that has the original asbestos siding under the current vinyl siding. I have been advised by a few siding companies that it is common practice to just "wrap" or "strap" the siding(leaving the asbestos for the...

I have an opportunity to purchase a home that currently is generating about $230.00 per month profit. It is divided into 3 units however, it is only legaly described as a duplex. I do not presently own any multi -family dwellings and am intrested in any feed back ie. insurance issues, mortgage...

I have a chance to purchase a 10 acre property zoned agricultural in Ontario. It is a beautiful piece of land with a large 6 bay garage and a 3 stall (well build) horse barn on it. The asking price is $161 000. I feel that it is a great deal and would welcome any ideas on how to make the...

Where can I find the top 10 list of cities to invest in. It was on the REIN site last week and now I can`t seem to locate it? Thank You Chris