In theory it can be done, the perimeter walls are stud framed, middle wall is concrete. I talked to a structural engineer and he said we'll have to know where each stud is so he could design it in a way that that each truss sits on vertical stud for the load bearing requirements. Pricewise it...

I have to guess that your decimal is off by one digit as I noticed we get 6-7tons/month/unit. Alternatively, it takes 4%-6% of rents. Check with you utility company. We had 2 instances when the meter was off (in one case for 3 years) and underreporting or going on estiamtes only to be smashed...

I’m looking for a referral for a 12-unit falt roof that developed ponding of up to 4 inches in a few areas. I know they use prefabricated Styrofoam sheets to rebuild the slope of the roof before applying the membranes. A few roofers I talked to don’t seem to care about slope or be interested...

We do install an average 2br for ~$700-$800. That comes to around $1.35 for 8mil laminate, little more for narrower boards and if subfloor needs to be prepped.

It seems that nobody bothered installing panels on apartment buildings. Am I right?

Hi everyone. We all face the painful reality of escalating hydro cost in Ontario. Did anybody consider installing panels as a way to mitigate hydro cost? Would I be eligible for a FIT program for an apartment building if the tenants pay their own hydro? Anyone with experience in...

So is anybody else with larger PM operations is following this 3-Tier approach? My accountant suggested this strategy the other day, given my participation in other restoration businesses.

Thomas and bizaro86 are bang on. Also, a detailed analysis in those statistics gives even more insight. Most of the gasoline stock is imported as it's almost impossible and it's a financial suicide to build new refinaries. I guess we'll have to live with these "Unintended consequeces"...

Hi Thomas, The example provided at the beginning represents the opportunities of 2009 and could be hard to replicate. What you get for those options depends primarily on implied volatility (option price). The implied volatility was very fat (high 40s low 50s) back in 2009 thus the cash...

http://myreinspace.com/search/public_forums/Real_Estate_Discussion/62-21703-107734-Is_anybody_building_new_rentals.html#107734 http://myreinspace.com/search/public_forums/Real_Estate_Discussion/62-12336-62390-NEW_APARTMENT_CONSTRUCTION_WATERLOO.html#62390 Make use of search function on...

$1555/year for 11plex. We have an equal combination of 1, 2, and 3BR.

We went through refinancing this year after doing significant renos over the last 12 months on a triplex. The property was apprised 40% above what we paid for it last year. No CMHC was involved though. My advice: Help him do his/her job. Bring pictures of rooms, unit before & after...

Thanks for your great replies. I have an offer accepted on an 11-plex, I haven't heard to PeoplesTrust. I have a meeting with FNF this Monday.

Hi everyone and thanks for good posts, I`m looking for a mortgage broker with extensive experience in multiplex financing and good access to friendly banks dealing with commercial financing. I`m located in Kitchener ` Waterloo. Your referrals would be strongly appreciated. Thanks...

I know that building. It has issues with operating expenses, which are too high for whatever reason. It does not cash flow, even with 25% down. I think its overpriced by $200k, at least. There is a reason why it staid on the market for more than 1 year. : )

Hi, I was thinking of a post dedicated to investors who are building or planning to build, rentals nation-wide. I`ve heard that in many areas it does not make sense to invest money in new vs resales. Does anyone think differently? Does anybody have an idea about updated costs on...

QUOTE (CarlaJohnson @ Nov 27 2010, 07:48 PM) Let me toss my vote in the ring for George too! Great guy. Great accountant. Thanks Carla, One of you last recommendations was right on. (Victor for inspections)

QUOTE (RandyDalton @ Nov 24 2010, 07:56 AM) Hi DanieLL, Contact George Dube. He is the best, a REIN member, and based in KW. You can find him online by searching George Dube & Associates. Regards....Randy Thanks

I`m looking for someone good with small and large RE as well as general business tax knowledge. I`ve done my income taxes myself, however, its time to move to professionals.