just get each parent to sign a guarantor form for the lease.. one lease... 4 students.... 8 guarantors.... that will minimize a lot of bad experiences.

Hey Guys, If you are spending 70$ for a title search... this may be of interest. Since it is only 8$ at the registry office, i cant justify getting it. http://www.teraview.ca/purchase/downloads/PricingGuide.pdf

Hey, you are only allowed to collect a max of one month rent deposit. Even if the tenant offers more. I wasn`t sure about the 10k fine, some property manager told me that once.

I`m not 100% sure, but I think In Ontario it is illegal to collect more then one months rent in advance(deposit). Up to 10,000$ fine... Even if the tenant agrees to it.

Hey Godfried, I agree with you. I just want to throw this out there- Every time I apply for a mortgage the banks will want to see my leases. They have never asked me who the tenant is, where they work, or anything about them... I understand that ‘lodging houses’ are a higher risk and that is...

Discrimination against students is same as age. If you had a house and a student wanted to rent it... and you deny him/her because they are a student. Is that not wrong?? why does everyone think that if a student is living in a house it all of a sudden becomes a lodging house?? Here is quote...

Hi, Does anyone know a good property management company in North Bay?? Thanks, Andrew

Hey Kevin, Where could I get a copy of the CMHC Rental Property Ratio Worksheet. Thanks, Andrew

Sorry, I was not clear. I have a 15-20 year old 5 bedroom house (built that way with permit). I rented it to a group of 5 friends on a single lease. I think it is unfair to say that if you’re renting to students you have to double the number from 5 to 10 in case there girlfriends move in...

dude seriously it was a 5 bedroom house with 5 friends living in it. i didnt "chop-em up", settle down. building code? why does 5 students living in a 5 bedroom house not meet the building code, but a family of 5 living in a house would meet the building code?

"If anyone wants to join in, please let me know and I can get you on our email list\discussion group." I would like to join in... email is [email protected] I have a number of student rentals in London and have been through a city inspection this summer. My problem was with the fire...

Hey, just send me an email and i can get you some more info. [email protected] Thanks, Andrew

If you guys are following the licensing of rental properties here is a message i got from LPMA........The Planning Committee passed a motion to extend the tenant tax to properties of 6 units or less and also tabled a proposal to extend it to all tenants in buildings of up to 5 storeys. City...

Here is one that I just got in my inbox the other day http://www.lstar.ca/ccim.asp Andrew