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  1. R

    Marijuana

    Hi all, We are renting out our basement. Is there any clause to protect the Landlord and legally prohibit the tenant from using or growing marijuana in the premise? I tried to search for previous forums but couldn’t really locate anything. Thanks. Sent from my iPhone using myREINspace
  2. R

    First time renting basement

    Hi All, It’s our first time renting our basement. We have a good prospective tenant who is a RMT. What type of due diligence is a must. We have job letters, will get credit report. Called his clinics to confirm he works there. Is there a Rein approved list of questions for references...
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    Renting basement suite first time

    Hello All, We are renting our basement suite for the first time. What kind of information do I need from the applicant: We are asking for five year employment history and employment letter, credit report, five year residence history with landlord references and 1 personal reference. We will...
  4. R

    Legal question regarding preconstruxtion and upgrades

    I have an urgent legal question regarding a property I bought in preconstruction directly from a builder in Ontario. It's a detached home. We selected our colours and interior decor upgrades and signed the papers (amendment) around 4:30 pm on Oct. 24, 2017. We requested an upgraded hardwood...
  5. R

    Direction of home for maximum sunlight

    I have been wondering what is the best direction to allow maximum direct sunlight in principal rooms like kitchen and family room? Ideal would be all day sunlight in the home. (In Southern Ontario).
  6. R

    Your RRSP as a mortgage provider

    Hi, Has anyone tried to hold a mortgage in their RRSP? https://www.prestprop.com/invest-with-us/rrsps-tfsas/
  7. R

    Acre Toronto

    Who was at Acre today? I learnt a lot in just those three hours! Many simple things yet strategic! For those who have been to ACRE, will they go through the debt-reduction strategy at some point in the weekend? We keep building wealth and using equity to accumulate more properties but...
  8. R

    Orillia

    Hello Fellow REINERS, What are your thoughts on Orillia from a CF and appreciation perspective? Is anyone currently investing there? What kind of tenant profiles do you get there?
  9. R

    Buying on Assignment

    Hi All, My sis wants to buy a house which is closing In July 2017 through an assignment sale. What is the process? What should she look out for? What should she pay for? How can she protect herself? This would be in the red hot market of Toronto
  10. R

    Renting basement suites

    Currently we are in the process of converting our basement to a rentable suite. Few questions: 1. The electrician is recommending us to up our electrical panel to 200 amps. It will cost $2k. If we don't, there is a risk of tripping if the upstairs tenants and basements tenants are using...
  11. R

    Effect of new educational institute on real estate

    Hello, What would be the effect of a new university campus in existing real estate in the future if a university comes to town. For example, Milton and Brampton Ontario both announced a university campus in their towns. Will the universities have positive or negative effects ? I'm thinking...
  12. R

    Ductless range hoods in basement

    We are currently in the process of converting our basement to a rentable basement apartment. Does anyone have any experience with ductless range hood in a basement? Would they hold up or cause more problems than solve in the long-run?
  13. R

    London Ontario

    Has anyone invested in London Ontario? There isn't much talk of London. Is that a good place for cash flow + decent appreciation compared to say Hamilton or Kitchener/Waterloo? If yes, why is it a better investment?
  14. R

    Stoney Creek -Hamilton Ontario

    Hello Dear REIN members, What are your thoughts on Stoney Creek area in Hamilton. If a cash-flow neutral property comes up in that area, would it be a good investment from an appreciation perspective, particularly near the expected COnfederation Go station? What is the going rental rate...
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    What are joint ventures?

    How do they work? Are they partnerships? What are some investing vehicles without you having to put your own money?
  16. R

    Where to invest?

    Hi all, I am a new investor. I have two semi-detached homes. both in Mississauga (one residential and one rental). I'm looking to book new construction home with minimal capital. I have about $80 to invest. I have looked into a few cities - East Gwillimabury, Hamilton, Caledonia and...
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