Check with your local real estate governing body, or even the local real estate board... not a Realtor. In BC it is the Real Estate Council of British Columbia. Probably every governing body has a website with that information on it. I believe Ontario does not have a licensing requirement...

I am going to weigh in on this one, too. I found Thomas' post light hearted, with no hint of racism or hatred. Any one group that cannot take a joke at their expense should stay out of the kitchen. IMHO, political correctness has gone too far when we cannot have fun at someone else's...

Latent and patent defects are both suable, even an the owner did not know about the problem. I ran into a similar problem 18 months ago which I wrote about here. Law suits are very expensive and you need to have greater than a 50/50 chance of winning before even considering launching one. I...

Do NOT get sucked into this idea that tenants do not move in the winter. The tenant who is moving is renting or buying something else, and that proves my point. Yes. There are fewer moves during the winter. But, there are moves. You chance of renting in January is just as good as it is in...

I agree with Thomas. It is a bit long. You have a list of features. The car I am selling has 4 doors, an engine, gets 4km/100L (or whatever it is), has windows all the way around, and four radial tires. So what you ask? The same thing applies to selling your properties, whether to a...

I am a strata (condo) manager in Vancouver. Brent did a great job at explaining that you need to set your priorities and expectation before interviewing the prospective candidates. Some more thoughts: How many different plans do they have... full service only, book keeping only, or a...

I have never had a deal large enough to warrant this process, however, when you expect to pay out a considerable amount of GST/HST, you can defer that payment by completing some paper work for CRA. I cannot offer any more comment than that. Sorry! A tax accountant would be familiar with...

What he means is that if your expect appreciation of 6% over the term of the lease, then build in your appreciation factor at 4%, leaving 2% for the TB at the end. I agree with you that 6% is a bit rich today. But, that may not be the case where you are considering. Remember real estate is...

It is important for us to know which province you are in, Andy, as the regulations vary from province to province.

We use YARDI in our office. It is a well know ICI mgmt program. There are others. Do a Google search and you will find many.

You hit the nail on the head with your comment about signing an option between you and your friend. I will occasionally do an RTO deal with/for a third party. I am a licensed strata manager in BC, but that is not a rental license, so I need a way around that legislation. I have a very basic...

Mike Cunning and Dan Sampson own/ed several properties in Kimberley. Ask them for their feedback.

Here is an interesting take on the BC HST argument: You Tube It runs about 15 minutes.

If the property is listed, the Realtor should have them, and will provide a copy if ask for them in your offer. Otherwise, explain the situation to the PM and pay for them (about 25 cents per page).