How much should I budget for upkeep & utilities for a condo if I can`t get hold of owner`s records/bills? I think I saw somewhere here that you generally budget $3-3.4k/yr? Forced air, 30-yr. old unit in Simcoe county, Ontario...

If I can`t get hold of expense/util. records for a condo, can I guestimate at $3000-$3400/yr. including taxes, insurance & PM in Southern Ontario? I think I saw that figure somewhere here-can`t remember where...

REIN has no official studies on MB but I like Winnipeg for its low/no vacancy (I hate/fear vacancies), high-inmigration most of it international - have made offers there (have been told to steer clear of zones 9, 4A, 4B, 4C & 5A, 5B except for certain decent pockets in 4C , 5A, 5B). The...

Hello,Looking to purchase condo unit in hot market/area & realtor, as 90% of them are, are ignorant of my needs as investor & their reasons. I`ve explained what I need & why (this makes me uncomfortable as I don`t like being "pushy" due to my culture but this is a business) & Should I 1...

You sound llike you`re not incorporating the HELOC usage costs in your assumptions - you`re going to be repaying this as well - at least the interest-only portion tha`ts required & it`s still going to cost you. We have a $200k HELOC on our residence that we can use - and I plan to use it only...

Hello, is it okay to skip having a professional inspector for a 30-yr old condo in Southern Ontario & just look at it myself? THere wouldn`t be the same concerns as an older detached house like roof, bad basements or outdated furnace right? thanks!

Hello, duplex + multi-unit properties are attractive for their cash flow but since they take much longer to sell, the exit (strategy) seems very difficult. What should one expect/plan as far as exit strategy? (e.g., hold for 5+ years & 1 yr listing to sell, etc..??)

Has anyone heard of or dealt with the company above in Toronto with projects in southern Ontario? If so, what do you think? They claim their numbers work (not negative cash flow) but I have yet to meet with them...

- If you manage property yourself, on average, how much time/hassle does it take? Do you get called 2x a month, what`s the frequent issue? - Or have any of you just used one tenant to maintain things? If so, how do you compensate them-how do they handle things? - Or has anyone self-managed but...

Hi guys and gals, My realtor mentioned a 30 unit bldg. in Woodstock that`s for sale. PM me if interested. I have no details at this point.

Why does/did REIN analyze Alberta and Ontario only? Why not Sask.(top performer nationwide 2007) or Manitoba with their booming economies and are more diversified than oil-rich Alberta?

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I attended their introductory free seminar but the juicy stuff they talk about are advanced courses you`ll probably be charged big money for - beyond the basic 3 day seminar. Like the mentoring program they mention-that`s another service you`d pay for & the "field trip" is another service...

Hi-I changed all my topics tracking to "Do not email" but I still get emails when someone submits a post/new topic = I don`t want to get emails everytime someone posts a new topic - how can i remove/disable this?? Am also trying to paste a picture but system says it`s too big...?

If one can devote p/t or f/t to real estate, at what distance driving would it be practical/better to employ a prop. mgr.? Can one manage property directly for something 1-2 hours away? Is this manageable... & just have a list of good local handypeople, etc. or is >1 hr too far away to manage...

Hi Mark, Glad I could help u a bit (for a change). we`ve used Moses & Aaron Plumbing 416-658-8111/690-0133 for our residence - reasonable & helpful (they even cleaned & tidied up) but this was 3-4 yrs. ago. If they`re no longer around, Drain rescue- 416-690-5333 in East; 487-7878 Central -found...

thanks again for ur input/patience, guys.

Hi, Have u heard of the above or invested with either of them (Profunds in stoney Creek) & Equitybuilders in Mississauga? They do condo conversions & then sell to investors & claim to remove the hassle of finding good investment property, doing paperwork & managing them. They`re like Platinum...