Hi All, For anyone with a duplex or triplex and only one meter I am wondering who out there is using shared utilities agreements to cover the cost of utilities. If you have a shared utilities agreement and you are making the tenants pay 100% of the total costs what is your experience with...

Hi All, If you had around 200-300K of cash/LOC to spend where would you spend it? Purchasing many townhomes with small positive cash flow and low downpayments? A few 2/4plexes with slightly better cash flow? Or one multi with better cashflow but the biggest downpayment requirements? I hear the...

Hi all, I am looking at putting in an offer on a tripex with the following numbers. Please let me know your thoughts and please be brutally honest. Purchase Price $230K Downpayment 10% Mortgage inc. CMCH $932.72 LOC Interest only budget at 4% (actual at prime) for downpayment $96.58 Heat...

Hi All, I am looking at a deal on a Triplex. Owner occupied on main floor is willing to stay with far below market rents so we will be purchasing conditional on her vacating. She will stay at 650/mth and market rent for a 2 bedroom in this area is around 800/mth. Problem is two other units...

I am working on an offer for a Triplex in Hamilton. The seller is currently living in the main floor unit and is wanting to stay on with a month by month tenancy and will abide by the terms of his standard agreement. This appears to be a good deal however wondering if anyone has experience...

Hi all, I am finally ready to start REI and have decided on Hamilton as a core area. Does anyone have any recommendations on a good buyers agent in Hamilton? Thanks in advance for all your input...Randy Dalton R&B Properties

Hi All, I am brand new to REI and just signed a lease with my first tenant yesterday. I had a couple of questions I would love to receive some advice on? 1) I am in Ontario and requested first and last payable as of yesterday to hold the unit for them. They are moving in Dec 1. They then...

We just put in an offer for a Farm Property in Vineland and realized that the portion of the property used for farming is GST applicable, even on a resale. Does anyone have any experience on this issue? Since the home and 1 acre is not GST applicable how and who should decide what % of the...