I am looking to purchase an 8 plex. I am told that I can get financing for a worst case of 7%. This seems high to me. I am in Ontario. I plan on putting whatever is needed down 20-25%. Less is what I would like but I would put more down if I need to, to get a better rate. Is this the going...

Can i require tenats to pay First and last months rent now if the first month is a few months away? eg.. tenants want place for sept 1, i know i can ask for anything, but legally is it allowed. i live in ontario. i know that in ontario you can only ask for one month deposit, which must be...

I am looking for a form or all the information the I should have a tenant that is being inherited signed. e.g. if there is a deposit payed, the amount the they are paying, who owns the appliances, last rent increase..... any help would be great, not sure if it matters but i am in ontario...

I Am looking for a smoke alarm system for a 4 plex in ontario. Does anyone know of a website to look for them? i used google and found nothing. i am just looking to see how much they are.. the building has two units that have there own entrances(ground level), and the two uppers share a...

I have lived in a concrete condo for two years. Before i moved in, I installed slate floors in the kitchen and bath, and choose to install 3/4 inch engineered hardwood with foam underlay in the all other areas. The condo is a little older (28 years) with electric baseboard heat. The first year...

QUOTE (housingrental @ Jan 26 2009, 08:24 PM) What area in Ontario? South western.. London, Sarnia..

Hi I am in Ontario and looking to talk to people that are investing here.. any investors looking to do the same and would like to chat drop me an email.. [email protected] Eric

Tax time is going to be painfull this year.. I was wondering if anyone has some advise on right off`s . Should I depreciate my properties? I have three that are going to be long term holds, maybe four. Two that I would like to sell in the near future (with in 5 years). I maxed out my...

Sweet. i have a couple properties, but still have alot to learn..

QUOTE (GarthChapman @ Jan 1 2009, 02:13 PM) And add a break fee to your lease. That is, a fee the tenant must pay to terminate the lease early. Note- my experience is in Alberta, so I am not certain this is legal in Ontario. That is a great idea.. anyone know if a BREAK FEE is legal in...

Just a final update. I called the mother of the student that left without notice a couple nights ago and informed her that she was responsible for two more months rent as per are agreement. But I was trying to rent the room. She was pretty good about it. I told her it was not likely that i...

I have never liked the peel and stick 12X12 tiles, they dont hold up and i have seen a few places that the glue on the tiles stops holding and the tiles come up. (may have been poor install). Depending on the size of the room the vinyl sheets can be bought at Home Depot in pre-cut 8X6 sheets...

I guess i should clarify the checks are from the parent. I am not sure that is going to make a Dfference. i am dealing with the mother. But i will let you know how it works out..

QUOTE (Dan_Eisenhauer @ Dec 19 2008, 01:33 AM) How do you find a good Realtor? That is a great question. Without putting down all of the REIN members who are Realtors, I doubt every REIN member Realtor is a great Realtor. My suggestion is that you ask REIN members in your area who they are...

I have a student that is moving out with 4 days notice. Another stundet also moved out part way throw the year but gave notice so I could fill her room.. The student that is moving out without the notice has given checks until that end of the school year. She has not asked for them back yet...

Selling in sarnia, and buying in sarnia and maybe london, Ontario.

So how does one find a good realtor? i might have just had bad luck, or maybe expect to much. what should i expect out of a realtor? should i just call several and tell them what i am looking for? and see who works the hardest for me, or should i just try one at a time until i find what that...

Thanks for the feedback.. As I think more about it I think that the way my investments are going and where I want to be, I will not be selling to many house for along time. thanks again. Eric

Should i write my real estate license? I work full time and i also inverst in real estate i am woundering if there is any value or major drawbacks to getting my realestate licence? I would like to get it for a few reasons, 1. To save some of the commission on buying and selling my own...