This is a non-real estate topic which may be of interest to those of us who are self employed. My sister was just audited by WSIB. She and her husband draw a salary from their contracting corp. The WSIB has assessed that her salary is to be included in the premiums due because she is not listed...

On the surface the numbers seem to make sense. The age and state of repair obviously can skew the numbers, but you have at least added the $2200 for R&M. The wild card in this property is the heating costs. Is there a reasonable way to separate the heating system? I have a duplex which I split...

I`m investing in the Waterloo area and my financing has been through RBC so far. My mortgage specialist at RBC tells me they have slammed the door on student rentals. He has only seen one deal get approved recently and that person had liquid assets over seven figures and got it at 65% LTV. Not...

Carla is absolutely correct from my experience. You can get good and bad tenants with students and adults, but overall students require more attention. The basic rules still apply. Interview your prospective tenants carefully and listen to the little voice in your head if something doesn`t feel...

QUOTE (npraymayer @ Apr 20 2009, 10:53 AM) I am a first-time property investor based in Kitchener, and am keen to build my team so I can buy my first residential investment property (woohoo!). I would appreciate referrals for a lawyer, realtor and accountant. Ideally the professionals would have...

QUOTE (invst4profit @ Mar 17 2009, 08:35 AM) It is not advisable to ask the tenant to provide a report. It is very simple for a professional tenant to fake a report. Have your applicant provide social security # for every person planing to reside in the unit, get photo copies of all drivers...