Our tenants have just given a short notice (leaving end of Oct), here in Ottawa. And the timing couldn't be worse-we are waiting for our newly adopted son to arrive from Kazakhstan this week. I need to give full focus to our 22 month old son, who is coming home after a long and difficult...

Our tenants have just given a short notice (leaving end of Oct), here in Ottawa. And the timing couldn't be worse-we are waiting for our newly adopted son to arrive from Kazakhstan this week. I need to give full focus to our 22 month old son, who is coming home after a long and difficult...

We've dealt with Jas Grewal at Calum Ross who helped us get financing for 4 townhomes. we've never met him face to face but he and his team have always got us what we need-or better actually sometimes. contact him via his assistant Renee at [email protected] they mainly handle investors too...

Hey Mark You're right. no harm in asking. :) will try that too. Any saving is a saving ;) Thanks! Rasna

But yes I do have both a HELOC and LOC with the full limits avail for use should I need to, in way of funds. Not sure if that is considered as having funds available to take care of such increases or maintenance etc.

Thanks for your viewpoints and thoughts Thomas and Joey. Markl-Im not sure they would do that when its a mortg already in place since april 2010. and for .2% i dont think I should move it elsewhere. DO you mean the bank would reduce it by .2% if I asked on my existing mortgage? I was also...

I currently have a variable rate for a 5 yr term on a rental property. prime-.5% so currently it is 2.5% that Im paying. since the word is that rates will be going up-by how much in the next 3-4 yrs is debatable and everyone is unsure of, like many people we're considering if this is a good...

The charges for our PM are: 10% if you have 1 property with them + HST or 9% if you have 2 + HST However, this seems to be on top of these charges where they keep the admn fee of $20 that you can collect on top of a NSF. I should mention that they do not charge to re-rent the place if...

Ouch! that must have been hard for you. Was that in Barrie? how long have your barrie homes stayed vacant for at the most or atthe least?

Thanks! I will do that today itself. This should be on the main discussion board and everyone on REIN should send it I think.

Thanks Joe. Yes, you remember correctly. It was for around that much and this yr after a tenant with a signed lease walked away before the move-in date and no deposit being collected by the PM co., we were forced to reduce rent to $1400. the new tenant who moved in end of June have now found...

QUOTE (housingrental @ Dec 14 2010, 12:05 PM) Hi Rasna Have you been through the other unit for sale? Is it the same layout and in same condition with same features as the on you purchased? There are no pictures of the home on mls Adam. but its probably just the same as its the neighboring...

I`m trying to stay focussed on my original plan of 5 yrs for all homes, especially this one. Just gets a little disheartening-especially this yr has been awful. We do have a PM co. we hired. AG Secure PM. I wondered if I`m the only one having trouble or if this is pretty much what other Barrie...

What can we as landlords do to change things? ON is especially worse for landlords and the losses we suffer because of non-paying, disrespectful tenants is paralyzing. US people laugh when we tell them we are not allowed to take damage deposits.

2.5 years back when I joined REIN Barrie was supposedly a great place to invest. We cautiously did some homework and bought a townhome there. Let`s just say Barrie has given us the most headaches. Now to top it off the neighboring property has listed their home at the price that we bought the...

I went on one of them 2 yrs back and it was very informative. Yes, do bring business cards, network with new people - sit in a new seat after every stop so that you can meet more people than you would if you stick to the same seat all through. Also, take in all the information you get and the...

Hi We have a person who wants to rent the house on a 3 yr lease but only after we sign a purchase option contract so that at the end of 3 yrs they have the option of buying the home. Right now I am open to selling the home at the right price 3 years down the road however no one knows the...

***they have 2 dogs:- a 4 1/2 year old cocker spaniel and a 1 year mutt who`s mainly cane corso and is around 65 lbs.

Hi We have a couple who want to rent our home but have 2 dogs-1 a cocker spaniel and one a a 4 1/2 year old cocker spaniel and a 1 year mutt who`s mainly cane corso and is around 65 lbs. We have said ok for small dogs in the home but the larger dog is a concern to us as we have hardwood...

Very well put NickStar. I appreciate you taking the time to write that. Thanks and best of luck in your RE endeavor in the future.