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  1. BREAKRZ

    Ontario Lease Deposit

    Hey everyone just looking for some advice.... I accepted a rental application from a new tenant and the deposit for last months rent was sent via etransfer (I only require first months a week before occupancy). Now I am waiting for applicant to sign and return via pdf email the lease agreement...
  2. BREAKRZ

    Insurance Broker recommendation...

    Can anyone recommend an Insurance broker for Home (home plus rental dwellings) and Auto in Ontario. I am tired with dealing with Insurance companies and the incompetence. Thanks for any help
  3. BREAKRZ

    Rent deposit help?

    Hey all, just wondering if you cash the first and last months rent immediately upon signing a new lease or do you cash the deposit immediately and first months rent just before the tenant moves in? Sent from my iPhone using myREINspace
  4. BREAKRZ

    Tenant damage advice..

    Hello, I just paid $1500 for a blown sewer pump replacement due to tenant negligence from stuffing wipes down the toilet. She was specifically warned not to throw anything other than toilet paper down the toilet and even signed a separate document because I was so paranoid of this sewer/pump...
  5. BREAKRZ

    Utilities advice for Duplex!!!!

    Hello I need some advice on how to handle utilities…. I have a newly converted duplex, the current tenant upstairs pays all utilities (water, electricity, gas and the water tank rental. The newly created basement apartment will be heated by baseboards and will not require gas heat from a...
  6. BREAKRZ

    RENT INCREASES....

    Just wondering what the rent increase guidelines for Ontario are. I'm aware of the annual allowance of 1.5% (2017) increase 90 day notice however my unit is a townhouse constructed in 2003. I do not believe rent control applies as per below or am I missing some other details... Who it applies...
  7. BREAKRZ

    Tenant access to Mechanical Room....

    In a duplex with the mechanical room in the basement, should I lock the mechanical room which contains the furnace, hot water tank and a sewer tank? What if an emergency arises and they need to get in. I live an hour away and getting to the place might take awhile. Perhaps I should install a...
  8. BREAKRZ

    Barrie Contractors

    Can anyone recommend a Barrie contractor, one with extensive building code knowledge as I plan on creating a legal second suite with full fire separation. Thanks
  9. BREAKRZ

    Landlord rights for showing property to new tenants...

    Just wondering what are a landlords rights in Ontario to show a property to potential new tenants while the home is still occupied by tenants, I'd like to do an open house next saturday say from 2-4. 24 hours notice I know is normally required but can I actually hold the place for 2 hours?
  10. BREAKRZ

    RENTAL AD REVIEW!

    What do you guys think if my ad, is it too anal? lol. Any suggestions appreciated. Beautiful NEWLY BUILT 1600 sq. ft semi-detached home available for rent; within walking distance to Centennial Beach and a short drive to the GO station. This 2 story home features a 9 ft. ceiling open...
  11. BREAKRZ

    Lease Length Advice

    Hey guys, just wondering what length of lease terms are preferred out there (month-to-month or 1 year)? I'm currently looking for tenants in my upper unit but plan on creating a basement apartment soon. Due to the circumstances I'm thinking a month to month term might be best just incase the...
  12. BREAKRZ

    Home re-appraisal

    In 2003 I purchased my first home and had it appraised by the bank for a HELOC. My question is 13 years later along with a 300% increase in the homes value, should i get it reappraised to qualify for a greater amount on my HELOC? I don't have any immediate plans to purchase another rental...
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