Thanks for the advice. There is a second shower so the tenants are fine and we have been working together to sort this out. I'll read through the home inspectors contract and see what if anything they might be liable for and have a chat with my lawyer. We have lots of pictures showing the...

Trying to understand my options. I recently purchased a rental house (includes RTO option) and after the tenants moved in they called me a few days after closing that the up-stairs shower is leaking onto the kitchen floor. It does look like the ceiling in the kitchen has been repaired so I...

I agree in this case and in other cases of neglect or vandalism insurance or the tenant should be responsible, however, in everything I have read including a number of RTO contracts it seem people are putting in a clause that states the tenant is responsible for all maintenance which doesn't...

Have been talking with a Lawyer about this topic in Ontario and I understand that putting a clause in the RTO contract that says Tenant is responsible for maintenance is NOT something that would hold up in court. Seems like a gap that everyone is just sweeping under the carpet and hoping the...

Thanks for the information! I like the suggestion to look at multiple properties to form a good foundation and I understand cash flow is important. I'll think about the investment priorities you have mentioned Joe: Cash Flow Appreciation Tenant Profile Area/Location/Travel Time It is a...

Reading everything I can find including Don's book Real Estate Investing In Canada and Mark's book Investing in Rent-To-Own Property and just started looking at property. I have equity in my house that I can use for the down payment and good cash flow from my 9 to 5 job (not much debt at this...