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  1. FayWong

    Leases/Security Deposits

    QUOTE (owenkingdon @ Apr 18 2008, 11:29 PM) I`m looking for a few ideas about handling a broken lease. I have 2 tenants on a 1 yr lease were now 9 months in one wants to leave. The other plans to get a roomate which is fine we`ll see if it actually happens. However what happens with a...
  2. FayWong

    Roofing Contractor suggested replacing just half the roof

    QUOTE (investmart @ Apr 15 2008, 08:22 AM) Hi, A roofing Contractor I contacted suggested a new shingles roof for just half the roof of an investment property. He said it will cost $3,800 just to do half the roof and that the other half is in a better condition. should I ask him to replace the...
  3. FayWong

    Mail sent rental property, not principal residence

    QUOTE (SamEfford @ Apr 10 2008, 07:57 PM) For the past year or so when I have been refinancing a property or buying a new one, the mortgage company sends all the paperwork to the rental property address, not my principal residence. There has been full disclosure and they are aware that the...
  4. FayWong

    Tips for heating main floor and bsmt

    QUOTE (ZOO99 @ Mar 10 2008, 11:47 PM) I am researching cold air returns and oil filled radiators. Question for Fay; Are cold air returns just holes with grills?Almost.They are holes, with grills that are connected to the furnace through duct work. They allow the cooled air access to return to...
  5. FayWong

    Tips for heating main floor and bsmt

    QUOTE (ZOO99 @ Mar 6 2008, 10:19 PM) Does anyone have any tips if renters are complaining about poor inconsistent heating? The bsmt tenants seem to get it the worst with the hot air rising up to main floor. If main floor tenants turn up the heat (they have thermostat control), they are getting...
  6. FayWong

    e-mail money transfers

    QUOTE (SamEfford @ Feb 15 2008, 07:29 AM) The transfers are great way to move money cheap and fast, however there is a limit to the amount can be transferred, I think it is $1000. Something else that works well is pre-authorized debits from ATB (they are the only bank that I can find that does...
  7. FayWong

    How to claim the damage?

    QUOTE (kennielo @ Feb 10 2008, 11:43 PM) One of my tenants is leaving next month. Her kids make the wall and carpet so dirty which will spend me hundreds to paint and clean. But the property manager said I am not able to claim the damage even if we have the move in inspection report (we don`t...
  8. FayWong

    Appliances

    QUOTE (MikeSunley @ Feb 5 2008, 10:31 AM) I`ve had a few great experiences with Futureshop; easy shopping online for some of the best prices you`ll find. Delivery and installation have been excellent. brand new basic stuff with warranty... 3 piece kitchen for 899 [full size fridge, stove and...
  9. FayWong

    Sound abatement

    QUOTE (ToddStokowski @ Feb 3 2008, 09:41 PM) If I may add one more comment. One of the big contributors to sound travel are the heat/ventilation ducts. You can sound proof the walls and floors to the hilt, but if the ducts are travelling between the rooms, the sound will be transferred...
  10. FayWong

    Wanted -a house in SW Calgary

    QUOTE (navaz @ Jan 18 2008, 07:41 AM) I have a realtor looking for houses in SW Calgary with 5-6 total bedrooms upstairs and basement. If some one has a FSBO -contact me I will have a 5 bedroom, 3bath single family home in Millrise. I am currently doing a reno (New cabinets,new tiles in kitchen...
  11. FayWong

    Fort Mac Civil Enforcement Agency

    QUOTE (brendanmacfarlane @ Nov 23 2007, 10:52 AM) Hi, my situation is that I have a tenant that hasn`t paid rent for November, and now tells me they aren`t going to be able to pay rent for Decemeber. Does anyone know of a good civil enforcement agency in Fort McMurray? Thanks I am not familar...
  12. FayWong

    How walkable is a location

    QUOTE (timk519 @ Nov 20 2007, 08:17 AM) This website checks out how `walkable` a location is. This could be useful in help deciding which properties to purchase and creating advertising copy for existing rental properties. http://www.walkscore.comI am not impressed. I put my own address in...
  13. FayWong

    Evicting Tenants

    QUOTE (Ryan @ Oct 26 2007, 02:54 PM) Sorry to side track abit.. I was reading this over (trying to learn from others experiences) and I found that rentcheck.ca and other variations of that domain are parked and not actually an operational website. Does anyone know of an alternative that we can...
  14. FayWong

    Online advertising - Be aware!

    QUOTE (TerryKruse @ Oct 25 2007, 12:56 PM) I did email back saying that I would require a 12 month lease. I may turn this one down anyway as you never know... Has anyone else heard of this one?I agree with everyone else here, it sounds pretty bogus. Just is case he is real be sure you tell him...
  15. FayWong

    Reference for Problem Tenants

    QUOTE (DonCampbell @ Oct 24 2007, 08:56 AM) Hi, The ethical way is to tell the truth. As a landlord myself, and if I called you, I would like to know the truth so I can address the situation with the incoming tenant. It would not hurt my decision however it would be a subject that I would...
  16. FayWong

    Evicting Tenants

    QUOTE (Nika @ Oct 10 2007, 11:08 AM) Hello all: I`m looking for information to deal with the following situation: This month I had to issue an eviction notice to one of my tenants in Red Deer. Since this is the first time I`ve had to evict someone, I am not clear on the next...
  17. FayWong

    Reference for Problem Tenants

    I have had a lot of renters but this is the first time I have had this problem. My tenants in the basement suite just can`t get along with the people upstairs. Both were being disrespectful, but the downstairs people went too far so they were asked to leave. They were happy to be able to get out...
  18. FayWong

    Non conformins suite

    QUOTE (3Girls @ Oct 23 2007, 12:45 AM) What is the overall feeling of "legal" nonconforming suites? Should you take the income from non conf. suites into account when doing a property analysis and what is the feeling regarding the value they add to the property? If you could get it built...
  19. FayWong

    Cash Flow Zone

    QUOTE (marcp @ Oct 22 2007, 09:42 PM) I sent an email to your Shaw address,with a map. Wendy`s on Brentwood Rd, from 5:00 to 6:00pm, just before the REIN meeting, for those who can make it. The location is 5 minutes from the Red and White club.Can anyone come?
  20. FayWong

    What specifically to ask from EDO?

    QUOTE (PARAMJIT001 @ Oct 22 2007, 02:36 PM) Hi All, I would like to have your expert opinion on what and how to ask questions from an EDO officer. I have never done this before and was wondering if some of you could guide me on this. Any kind of input is a learning experience for me so please...
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