You need more creative in finding MF properties.

For rent-to-own, the best is to optimized for seo and use Google ads to be ranked top 5 in your city

What are the most important services your Realtor must provide in order for you to be happy working with them? A: Not to waste my time. That is, take the proper time to understand the target criteria vs having to receive a bunch of emails listings that CLEARLY do not match what was discussed. If...

Beside having a FB presence (Plug-here) https://www.facebook.com/ottawagatineaurentals/ we have more success driving traffic from using a combination of tools vs just one (own website, FB, Kijiji and others). Google ads by far will get you up there with proper budget but I find tools like...

Do not be a generalist! Identify the best client profile that will provide a steady income and direct all your energy/time/marketing/money to satisfy their needs. I.e. elder clients, research and learn what they need, want and best type of properties for them. Everything MUST be driven by your...

Make sure your debt service ratio still allows you to qualify for a mortgage considering the rsp loan. Check with a mortgage broker of your plans prior to execution as they might offer other alternatives that might work better for you.

If you are trying to ignore a staff member, you will not be able to select "ignore"... (unfortunately)

Regardless of the location, please note that such type of properties (with nanny suites) are the most challenging ones to managed as noised, shared utilities/facilities/etc. come into play. If you are new, I would suggest to get something that is purpose build (small duplex) to get your feet...

If you are planning on staying up there I would start looking to invest there. Just by the volume of properties, you can not compare. You can also JV with a local to get access to financing (I.e. co-workers, relatives, etc.)

When bank orders an appraisal, the price usually comes on the safe side (LOW) and you don't get a copy only the invoice to pay for it. Sometime brokers might have some flexibility as who gets the "call" but for most part, they don't. Having said this, I don't think bank provides estimates to...

Having read all posts, I would ask current lender to confirm to avoid disappointments.

If there is not much activity of sold properties try to get a few comparable properties similar to yours. Depending on who hired the appraisal they trend to line up outcome with the client. Also, I would contact a mortgage broker to get some names.

In most power of sales is buyer be aware or "as is" no guarantees.... being a first time investor, you should walk before trying to run. Unless you want to take a seminar in the school of hard knocks. Crunch the numbers and in case you don't have them then estimate (on the higher end).

There is always opportunity in challenging times... I.e. You can now find cheap labor do some renos including some sweet discounts.

When buying property, I always include a clause in the OFFER that allow me to visit property (x number of times) and to allow us to show property to potential clients (if required) PRIOR to closing. This is in addition to property inspection and appraisal. I have never seen someone remove this...

We have been using TenantPay for the last few years and works great when having to route payments to different accounts.

Just contact the trustee and see what they need in terms of paperwork as they have their own guideline and fees, etc.

I am currently tryout http://www.123landlord.com/ web-based which offers features that are useful for my business (beside lease management + accounting tracking with some CRM and shared document repository). It allows me to have several users (bookkeeper, other property managers and JVs) with...

You can contact Chad Robinson (Ottawa) who is also a REIN member. https://www.facebook.com/360-Best-Interest-Mortgages-Inc-165450161835/?pnref=lhc

You can buy a new/used PC next to nothing. Install windows 7 and quick books and remote connect to it from your mac or get the quick books online.