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  1. RArora

    Urgently need to rent out Townhome for 1st Nov in Ottawa east.

    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...
  2. RArora

    URGENT: looking for tenants for 1st November in Orleans for 3BR 2.5Bth townhome. Help pls!

    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...
  3. RArora

    to convert from variable to fixed-or not.

    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...
  4. RArora

    What`s up (or should I say `down`) with Barrie!?

    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...
  5. RArora

    prospective tenant wants to sign `purchase option contract` while signing 3 yr lease

    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...
  6. RArora

    Is it ok to ask for extra charge for pet over rent/mnth in Ontario?

    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...
  7. RArora

    Refusing to rent to smoker in Ontario ok?

    I currently have an application from 3 individuals looking to rent our townhome. while doing my research on them online I came across an interview given by one of them as a budding rapper/singer that his days of dealing drugs and working the streets are over." I am not at all comfortable with...
  8. RArora

    How to conduct a credit check myself?

    Hi! I have an application with 3 people on it that I need to do a credit check for. Does anyone know how I can do the same and how much it would cost me? Thanks
  9. RArora

    Bathroom leak in rental townhome-replace tiles or add single unit enclosure

    Hi! So we have a problem at our rental town home. Its a Minto home about 15 yrs old and there is a leak in the kitchen entrance way top and a straight line due to the leak showing up in the adjoining dining room ceiling. I called a plumber and he said they would have to cut out a portion...
  10. RArora

    check out time in ON when Tenant is vacating?

    I have a tenant who has assigned their remaining part of a 2 yr lease to new tenants n is supposed to move out today (31st). till what time are they supposed to leave the home so that I can get the cleaning crew/maintenance guy in? do they have the home till 11:59pm on the last day or is it...
  11. RArora

    Do you know where I can get an OREO (Ontario) Lease form from?

    Hi! Our original tenants are moving out and I need a blank OREO lease form (Ontario real estate board/organization) to have the new tenants fill in the form since they`re being assigned the same lease - since the terms have to be the same I guess I will have to use the same form. Could anyone...
  12. RArora

    Tenant wants to break lease and assign/sublet!

    I was wondering if someone could help me with some advice with a predicament we have landed up with today. I just received this in an email from our tenants here in Ottawa. "Effective August 31/09, We are going to sublet your home as there is no other way that we can come up with the rent...
  13. RArora

    Insurance qs

    Hi I have 2 very pressing concerns that I`m hoping someone can help me with. 1. We`re closing on a town home on 29th July and Laurentian wants us to get earthquake insurance for it as the house is in the Ottawa Valley (?). I have called our insurance company Belair to get the insurance and was...
  14. RArora

    How do we make Ontario Landlord friendly?

    As we all know L&T Board for Ontario is not very landlord friendly. You can only take a deposit towards last month`s rent. It can`t be used for the gazillion damages they might do and any bills they leave unpaid etc. following them around in courts trying to get justice is a costly affair and...
  15. RArora

    Property Management in Barrie ON

    Hi! Could you recommend some good property management companies in Barrie, Ontario. Should have been in business for at least 5 yrs. They must be very efficient, highly effective and prompt-to resolve issues, with payments as well as resolving issues quickly and very professionally at a...
  16. RArora

    Insurance qs

    Hi! We just received our renewal notice for our home rental policies. we currently have 1 principal home and 2 rental properties. I checked with Belair and they have confirmed that they insure only upto a total of 4 homes-including our principal residence. Which means i can only buy 1 more...
  17. RArora

    Bill to license Landlords-Please Oppose write your councillors

    Call to Action If you are a landlord or represent landlords... On Wednesday, October 22, Ottawa City Council will be considering recommendations to license residential landlords and to fund tenant organizing to create a City-wide Tenants...
  18. RArora

    Insurance Letter from Belair recvd for property in Ottawa

    Hi! I have just recieved a letter from Belair , my insurance co. they did an inspection of the rental property I have-a 14 yr old townhome (freehold) in excellent condition. Now it says they have amended their amount for the building replacement cost from $202k to $223k and suddenyl my premiums...
  19. RArora

    Anyone heard of Weschurch Holdings for consolidation loans?

    Hi! My tenant who`s late in her rent for the 2nd time in a row and hassaid she`s getting a consolidation loan and has askedfor the rent amount as part of that says its froma company called Weschurch Holdings. We`re in Ottawa... I`m unable to find any such company online? Does anyone know of...
  20. RArora

    Waterloo 1300 sq ft single car garage home rent too high?

    Hi! Ive been asked by a close friend to help him find a good property management co. for him for his 3 bedroom, 1.5 bath, 1300 sq feet, single garage house with unfinished basement. It has a large backyard as well. He`s had a terrible time with the current PM co. who haven`t collected rent...
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