Actively seeking both investors and Multi-Family properties. Also active as an REIA, coaching in the mulrti-family arena.

The tenant is definitely responsible. A good lease would spell that out clearly in addition to the tempered wording of the act

Asking only $174,500 for a 1045 sq M, 5 bedroom, 2 bath property in a great area of Fredericton. Has 900 sq ft garage as well. Great rental property. Email for details: [email protected]

I have no idea if there are secondary issues that raised the Asbestos concern, but in my experience, a 1979 build isn't likely to have asbestos problems, or at least one with reasonable concerns. This one sounds more like a money grab to me. I would look for another contractor.

QUOTE (eddyb1978 @ Jul 10 2009, 10:04 PM) Hello all, we do own a 5 plex in Barrie and would love to meet with a resource who can assist us in converting it into condo units? The property lies perpendicular to the main road with its own roadway, it`s 2 x 2 semis + 1 full detached under one...

Wow guys - Are you in a business or not? Your expenses (all of them with only very specific exemtions) are deductible against business income - even if that creates a loss. Don`t try to claim it where it doesn`t belong. It is not a direct expense against rent, but it is a legitimate business...

You as owner are responsible for the city sidewalks. If you want mail delivery you will also need to insure the walk to your mailbox or slot is clear of snow (You have 48 hours to comply with city bylaw) You may opt to contractually pass on that responsility to your tenants (I would) but if it...

Ray, Thanks so much. That was fast and helpful. What about the use of heat to raise the temperature in an entire suite to 140 degrees F for 2 hours. It sounds like it should work and the exterminators using it guarantee the results. Starts at abou $1500 for the first suite.

Let`s be clear. I do not currently have a Bed Bug problem BUT I am anticipating that it is only a matter of time before I experience one. I wouild like to provide my tenants with information to help prevnt the problem. Does anyone know of any useful information I can distribute? My search of the...

Buyer beware! Many units were converted in the past couple of years with no substantial improvements and minimal Reserve Fund contributions. THERE ARE EXCEPTIONS TO THIS. Be certain you check for quality and extent of improvements as well as the deficiency in the Reserve Fund. These kind of...

Wade has been doing this course for some time. This forum only presents one dissatisfied person from a couple of years ago - so I would give it no credibility. Anyone doing anything of significance will gather an envious/critical audience at times. Besides, if the complainer can`t say what the...

Not enough information - Where are you doing business. From an Alberta perspective, Since when are you treating your two tenants in a single unit as separate entities? Any common lease would treat them as Jointly and Severally liable. There is no refund of any part of the Security Deposit until...

I agree with Navaz, a JV partner seems indicated. Investor school - NEVER let anyone force you to do what you`re not ready to do. From your description, the property was under contract. When the realtor suggested you would lose it if you didn`t remove all conditions immediately, the correct...

QUOTE (brentmatheson @ Mar 13 2008, 11:20 AM) - Provides understandable monthly statements. - Promptly addresses reasonable tenant issues/concerns. - Brent A few things that come to mind quickly - The key word is manage. That means stiking a good balance between tenant needs and owner needs...

QUOTE (kwither @ Mar 7 2008, 09:40 PM) I have a judgement on an ex tenant and Priority Credit Recovery Inc. were trying to collect. They have now closed the file as uncollected. What options do I have to try and collect the funds? Regards, Ken Wither Ken, The first question you need to answer...

Selling 101 - The less you pay - the more you work. MLS, ComFree or FSBO on your own - they all work fine IF you understand your market and actually market your property. There are trade offs however. If you find a good realtor - they will earn their commission and you will need to do very...

I have been made aware of a website www.rentometer.com/ca where you can enter the pertinent information for your rental property and it will tell you how your rent compares to the rent of properties in your area. So far, it seems to be providing reliable results. Check it out and let me know if...

Mark, I have done several Condo conversions. Each province has different rules, and you make no mention of your location so I am in the dark as to how to help you fromn that perspective. As a general rule, I wouldn`t consider converting a building under about 16 units. While it may be profitable...

I`d be VERY careful with this. It is very unusual to add value to a property by doing structural/foundation work. This needs inspection by someone who is a contractor qualified to do the remediation and is willing to do the work for the price quoted. If the bow is minor, like 1" in 25`, its...