Can anyone give their opinion on a good ratio to renters to home owners for a condo. Too high a ratio you get no pride of ownership, too low you may get anti-renter situation. I`m currently looking at a unit in a condo town home complex with 54 units and 13 are being rented, about 1/4. Would...

I have found plenty on tenant that are late with rent on this forum but not for a tenant saying they will be late. My tenant has informed me that their OSAP stundent load will not be processed until Jan. 22nd. This means they weill be late with their Jan. 1st rent, and want to discuss options...

I have some quick questions about cashing post dates rent cheques. 1. When you deposit on the 1st will you know if the cheque is NSF on the 1st or is there a delay, 2-3 days to process? 2. Also if the 1st falls on the weekend has anyone had issues with the delay for when the money is actually...

I`m looking to buy my first property and I`m having some trouble determining if it`s a good deal or not. It`s a 300K tri-plex (1 - 3 bdrm, 2 - 1 bdrm) in a good location. Since I was looking at only putting down 10% the cash flow is a little tight. It`s close to $200 positive cash flow per...

What interest payments can be considered an expense and therefore tax deductible? Does this only apply to the interest portion of the mortgage payment? Are there situations where this will not apply? If you use a LOC as your down payment, does the interest payment on the LOC qualify? By the...