I just bought a duplex with the 1st "averaged" bill at $300! I almost had a heart attack -this was way off my budget-- the utilities company said winter bills were as high as $500 a month the previous year. But knowing the vendor evicted tenants upstairs & was going thru a divorce & didn`t...

3 students

I remember reading/seeing somewhere years ago where a certain number of people are allowed per xx sq. foot of interior space--that you can`t squeeze too many people in. Is this in the LTB or somewhere else? how do I know a place isn`t over-crowded? I just rented to a group of 3 students & now...

As an incentive for good tenants to stay, and if it works with my Belize & profits, can I offer/bribe tenants w/ a rebate for good behaviour every so often (in lieau of hiring prop. mgr. and I`m managing from 4 hours away)? Can I word or include this in advance in a lease contract or is this...

HEllo, . I don`t think they`re . thx

Hi - i just use my real estate lawyer - they know how to analyze status cert & reserve funds - he was telling my about the math he does and why he thinks I should lower my offer - because such and such expenses was unexpected and will be charged shortly, and that given current reserves that do...

Hello, garbage was dumped on my rental`s backyard - glass debris, mattress, etc. before my tenants moved in and they`re asking if I`m having it removed. I wasn`t responsible for this and the area was clean when I was there three weeks ago. They said they were told that it`s a health hazard and...

I think, based on the last 2 years, they usually have one around May in Brampton.

Thanks very much Keith, I like to read this annual thing.

I don`t know if u have to prove tenants have to move out for the reno. I know for sure that smart tenants know they do have the first right in Ontario to move back in after renovation.

Can u or ur partner tap a secured - HELOC??

thanks all. The 0-down was (it`s been shut down as of today I heard) based on long-term hold `coz of the extra risk/insurance premium I think. So these 3 ones are long-term hold. Not much for the 1st two-they`re 2 tiny condos in Woodstock for $78k apiece & a 3rd-duplex in Sudbury - so they`re...

Heard that as of today, the 0-down program, 40-yr am. for rentals is over for all lenders. Is this true? No more lenders will do this now?

Has anyone joined this group or know anyone who did successfully? also associated with PREIG, REICO (?), Realty-connect? Says they specialize in training u to do wholesaling ($1 to tie a house up??) & rehabbing - $700 for 3 months in a group - u can do 1st deal in a month, etc. kinda like...

Hello, Am screening tenants (via Rentcheck) and landlord referral was great (paid cash on time +util.) even though she`s on disability with 2 yr. old daughter (no reason to say nice things either - she`d already moved out when I called). Wants to move-in with her boyfriend (who`s lived at home...

Hello, been burned using a buyer`s agent in this area so am avoiding using one. Does anyone know if Peel st. area is a good one in Woodstock, ON? It`s very close to Fanshawe College but I know there`s rough pockets around town - just don`t know where? thanks!

Hello, would you buy this for $325k mortgage ($320 purchase price, + 7.85% CMCH insurance premium-100% financed) in a farm town in Ontario? side by side 2+1 duplex. always rented - walking distance to a college in a 0.5% vacancy town (same shortage or worse? for students), walking distance to...

Has anyone done a purchase where the vendor rents the property they sold? Can u screen them first like any tenant (credit check, references) as a condition for purchase? what numbers do u crunch to know what`s behind the curtain? (why would they sell if rent might be higher than their mortgage...

Hello, ANyone know about this area of Ottawa? What do u think (good location, good tenant profile, transpo, access)? thanks!

I think a U.S.-based program may not help much - I`ve seen teaser/free seminars from them & they start talking about U.S. strategies & I don`t think they know a fraction of what u learn as a REIN mbr re. CDN strategies. many of them are coming up (e.g, Russ Whitney) in my opinion because their...