To clarify..... I`m interested in locking in on my principal residence where I expect to be for at least 5 more years. I own 2 other revenue properties with variable rate loc at prime and variable rate mortgage at prime - 0.6%. I`m a bit nervous about having everything in variable mortgages...

Ages ago on this forum I saw a post indicating that this would be an awesome rate (3.49%, 5 year fixed). I can`t find the post anymore to see exactly how long ago that was, but in today`s world is this still considered awesome, or is it more the norm? With the BoC holding the prime rate...

Go to the BC gov website and read RTB form #33: http://www.rto.gov.bc.ca/documents/RTB-33.pdf You can terminate the tenancy at the end of the lease and with 30 days notice FOR CAUSE only. (see the form for what cause you can use). The only other way to terminate the tenancy at the end of...

Yeah,,, we gotta follow the law with regards to deposits and 1st & last mo. rent. BC gov allows a max. of 1/2 of the 1st mo. rent including the pet deposit if you want one. Can`t do 1st & last. Basically, landlords are bound by the Tenancy Laws in their province otherwise you could pay a...

Just wondering what some of you seasoned landlords would do. We have an applicant (couple actually) for a property close to a college. Both of them will attend the college so no income & parents will pay the rent. It`s the first time the couple will be living together away from home, and...

QUOTE (nepoez @ May 27 2010, 06:10 PM) Hi All, It`s been a while since my last post. But I recently had a tenant who took off without a trace and when the PM went to the townhouse, they found a mess and some big damages. The mess is fine, but some of the damages include hardwood floor squre...

You have to go here: http://www.rto.gov.bc.ca/content/rightsRes...ending.aspx#194 and figure out which form to use. You cannot just type up a letter - use the proper form. In fact, you should familiarize yourself with the info at this website for landlords responsibilities. If you do it...

QUOTE (RebeccaBryan @ Apr 8 2010, 07:57 AM) I`m not wrong if it pertains to the province of Alberta. It`s part of the lease agreement and if they agreed to pay the landlord the utilities then they are in breach of the agreement and can easily be evicted. And, also not wrong if the property is...

Well, I don`t know what province you are in but in B.C. you cannot begin any process until you serve the 10 day notice to pay or leave. The tenant then has 10 days and you must wait for that time to pass! It will be longer than 10 days depending on how you serve that notice as well. (Mail -...

QUOTE (invst4profit @ Mar 25 2010, 07:53 AM) "........it appears you have trained him it is OK to not pay rent on time. LLs should never accept excuses for not paying rent on time as it simply justifies poor money management practices on the part of tenants and reinforces there belief that...

We have this tenant that just doesn`t have his finances under control. Rent is always late, sometimes by more than 2 weeks. This month, he has paid only 25% of the rent. We have issued his 3rd, 10 day notice to pay up or move. Story this time is that it`s slower than usual at work...

Don`t know about Ontario but in B.C. a landlord cannot charge a tenant this fee unless it is supported by related expenses or costs, regardless of what the lease agreement says (ResTenBC overrides the lease in this case). So, you can charge for advertising costs, loss of rental income, etc. as...

Craig, thank you for responding. We just hired a carpenter last night so I got your message a bit too late. Appreciate your response though. Tom QUOTE (craigw @ Mar 4 2010, 07:20 AM) Hi Tom I can probably help you with that. Give me call. Craig Williams Wren Developments 403-818-2868 P.S...

Can anyone refer a skilled carpenter in Calgary for finishing work (baseboards, door/window casings, etc) and custom millwork (vanity, bar)?

We are in the process of developing the basement and need to bring the heat vents from the ceiling to lower down and also need to do Fresh Air returns. We are looking for referrals for this work or if it`s simple enough, some basic directions on how to do it ourselves. All comments, advice...