What if this was an AFS? How would that change my strategy?

Thansk Chris, I have not had this problem with tradional tenants, which implys that with an RTO tenant with a financial stake in the property than would be even less of an issue.

Thank you for the replys.

Can someone help me bridge a gap that I have been struggling with? Suppose I was to option a house and my exit strategy was RTO; however no RTO prospects presented themselves immediately. Would your preference be to keep the home empty and wait for the RTO, or rent the home under a...

ATB has an Electronic Funds Transfer system in which you can debit accounts for rent etc. The debit account can be at any other bank.

The best advice I have ever had was "Think like a renter". What is your tenant looking for? What attracts them.

Thank you for the great advice Brent.

My insurance company, AMA, asked how often the properties would be inspected if vacant as it must be inspected every 30 days according to their policys. Seems AMA has the same policy as TD.

I tell all my JV partners that Fort McMurray is in its own bubble. Things happen differently here.

Thomas, You can get an electric radiant heat system that mounts in your ceiling and radiats heat downward. I cannot remember the name right now, but I will find it and let you know. EDIT: Try this link: Ceiling Radiant Panels

I have no idea, but that is why I use them - they get results.

Recently, I had my wife`s cousin who is a Mortgage Broker ask for some business from me. Since he is family, I offered him a deal that I was working. He was unable to get me the financing through a major bank. I then contacted my usual broker (Peggy Wong at Peter`s Kinchs office) who closed...

I have had no problems getting new mortgages. I have 2 offers in right now and just closed 2 weeks ago on another. Ever since ACRES i have been on fire!

At the ACRES weekend, a "Rolling Possession Date" was discussed as a way of giving the seller an extension on the possession date. Does anyone remember the wording of the condition?

Cash flow is only part of the equation. The fundamentals and growth are also key.

You are 100% right Garth. The caveat tells the world that you have an interest in the property, but does not tell them what it is.

As Chris said, if there was a small fee up front, and the rest due upon sale of the property.

Wow! Do you do their dry cleaning too? I would fix the gate, dishwasher, etc. But as for building on office in Ontario where the rent increases are fixed, sorry. That is where I would draw the line. As well, unless your lease states that you are providing window coverings, they should be...

I received an email from a broker with Mortgage Intelligence stating that there is still a lender that will give a mortgage on an owner-occupied home a 0 down mortgage. I am not sure what the qualificaitions were, but it would be worth a shot.

Hi Andrew, You can PM me any questions you may have. I live and invest in Fort McMurray.