Can someone give me the rational as to why it can`t be a part of the lease? I own single family homes and I`ve included a clause that my customers are responsible for taking care of their own lawn care; snow removal and overall landscaping. What`s the difference if it`s in a separate...

We own 3 plexes with similar challenges. In one located outside Ottawa (ie longer winters, lower temperatures), we hired a furnace technician who installed a specialized thermostat in the basement - an electronic programmable one that reads temperatures from wired remote temperature probes that...

Looking for rental properties in Oshawa for friend looking to get into this business. Please send along any recommendations. Thanks Kimberly

Peter: As a London REIN investor, I`ve used Richard Miller, a real estate agent in London with Realty Executives - he owns investment residential properties in London as well as Ottawa way, REIN trained, and works/worked with investors - both REIN and non REIN. He has a background in...

I also have my customers sign and date a form that states what was checked and that they saw what was done. Added due diligence. I had sent over a copy of my smoke detector/co2 detector forms, including one from our local fire department, in a previous REIN discussion, so if you search for it...

Alex: I`m in the midst of having my lawyer review my lease, as I had pieced it together from a previous OKd legal lease, but I have updated it with certain phrases/events that have come up on this REIN site, so in total it needs to be reviewed again. It also perhaps has language that may apply...

The following is copied from my lease. Part of my due dilgence is to ensure I am legally and morally covered with regards to safety and smoke detectors and co2 detectors and their ongoing functioning is an important part of that. I don`t leave it up to my customers to change the batteries as...

I`m hearing rumours that the bank rate may drop again on April 21st? Anyone else heard this? I have a property closing on May 1st, which currently I have a commitment from MCAP for 5yr closed variable for prime +.6 with 25 year amotization, which today means 3.1%. Their 5 year closed is...

Welcome back... and with such awesome news! The London real estate market is offering some great deals... refinished 3 bedrooms townhouse condos in the $129,000 price range, apt condos from $89,000, single family brick 3 bedroom homes for $165,000 duplexes $145,000+... as we know, London...

Moe: I contemplating an energy audit on a heritage triplex I own... looking at new boiler, windows, insulation... just wondering what you had to do to get the $5000 rebate, ie what renovations did you do? what paid off more than something else if you had to select certain items? Setting aside...

Nassir: The welcome gifts, customer binder and Christmas baskets to name a few things, make us stand above the typical landlords... by miles and miles...With such a customer focus business approach I have had current customers request if I have other rentals when they need to move, as well as...

I`m closing on May 1 on my first student rental with a 95% LTV as my son will be living there. Does anyone know if GenWorth insured mortgages also get the benefit like the CMHC, ie you carry the insured certificate throughout the amortization period? Either with the current banking institution...

I`m in somewhat of the same situation. Boiler not shot but currently looking at timing of expense at this point. Consider getting an energy audit done. If you install the appropriate new condensing boiler, above 85% efficient, then there are major rebates back from both the federal and...

When I bought my triplex it was set up that the landlord pays to have the driveway and rear parking lot snow plowed and my clients do their own sidewalks and steps. Here is how I have it written in my lease.... PROPERTY MAINTENANCE: The Tenant will be responsible for snow removal on the...

Try www.actionplan.gc.ca I heard it advertised on the radio and checked out the site. You`ll find more details... a list (not exhaustive) of what`s included, what`s not.. a few examples of who it applies to or not. From my research.. it`s for renovations in what you consider your principal...

As part of a deal you can ask for vacant possession, but it`s my understanding that the seller then has to get the current tenants to move.. .ie offer a buyout.. ie $$$$. That`ll all depend on the deal - how many offers are received, how long it`s been on the market, how badly the owner wants...

Ian: My husband and I live and invest in London. We do our own handy work, but there are things we do contract out. Any specific work you are looking to get done or just a general guy for whatever comes up? I have a few people in mind depending on what you are looking for.

Donna: What about getting a quote from a few contractors/roofers so you`ll know exactly what the problem is, then depending what you found out, approach the seller first. The Q & A disclosure you speak of is probably what they call the SPIS form that sellers fill out. If so, I`ve read in OREA...

Marilyn: I have a few lines in my lease that state..."The Tenant shall not use any appliance in addition to those supplied by the Landlord including, without limited the generality of the foregoing, any dishwasher, air-conditioner, washing machine, clothes dryer and refuse compactor, without...

Moe: Best to call the Ontario Landlord and Tenant Board...the information can be found on their website.....http://www.ltb.gov.on.ca/en/index.html. Love to know what they tell you... when I questioned something similar, they told me about the first right of refusal but they`d also be at the...