QUOTE (koop @ Nov 11 2009, 10:18 AM) I downloaded and printed the application on "a tenant screen" for the tenants to fill out, when I would show the suite I had for rent I would ask if they want an application and most would take one, but I never got one back. Anyone else have this problem? I...

This is definitely a step to the right direction, but ultimately it is still not helping the current issue we are having. The majority of the basement suite out there will definitely not qualify given that they will never meet most of the City’s requirement for the zoning conversion. I don’t...

Before you do it I suggest assess your tolerance on following things: Privacy and safety of you and your familyWillingness to compromise with your new neighbour to put up with noise or always conscious about making noise, etc...Willingness to Down sizingHow you will handle the utilities and...

I would suggest making your donation through Philippine National Red Cross: http://www.redcross.org.ph/Site/PNRC/wtd.aspx. They take credit card.

QUOTE (thomasbeyer2000 @ Sep 25 2009, 09:53 AM) It is common that the JV money partner takes all the losses up to the mortgage value. So, if property drops 10% and he wants out, but the value still exceeds the mortgage he would lose and the RE expert makes no money. This is "the normal JV"...

QUOTE (SteffanWatson @ Sep 24 2009, 06:43 PM) The idea with a JVA is that both parties share in the upside AND the risk. If it is 50/50 spilt on profit, it is 50/50 on loss. Sorry for my ignorance on the topic. So please bare with me…I never did this before. I have always been buying on my...

Being so new in the concept and trying to implement and learn more on how the 50/50 JVA works, what happen in the situation when the investment fails in the worst case scenario? For instance a disaster that the bank has taken over etc… In this case would the money partner losses more given...

QUOTE (GreatNorthernInvestor @ Sep 18 2009, 07:49 PM) Thanks for bringing up the smart meters. I looked it up right away sounds like it will be more efficient It looks like most of the implemtations of the Smart Meters are in Ontario. In Calgary, Enmax are in the process...

QUOTE (JimWhitelaw @ Sep 17 2009, 12:19 AM) http://myreinspace.com/downloads/critical_forms/m/tenant_landlording_forms/335.aspx Sorry Jim, I am not a full member yet...I don't have access to the following.

Thanks guys for your input on this. I have been pretty much doing what everyone is saying in the past 4 years, but just recently I have been having to deal with tenants not getting along due to the utility sharing. I do like the idea though of having each tenant own a utility at least to...

In a up and down shared accommodation situation, what would be the best way to handle the utilities (Heat, Water, and Electricity). Would it be best for the landlord to factor it into the rent and handle the utilities, or have the tenants split the responsibilities like 60/40 or 55/45 %? I...

QUOTE (scott1234 @ Aug 22 2009, 11:22 PM) What is the best website to use for tenant screening (credit check). Scott I use: http://www.atenantscreen.com/canadian-tenant-screening.html

QUOTE (EdmInvestor @ Aug 7 2009, 08:46 AM) Any ideas for ways to thank brokers/tenants/lawyers/etc? We just finished a deal that netted $10K, and was not just a straight forward deal, there was some creativity involved and the broker and lawyers really worked for their money. Here are a few...

QUOTE (DaveRhydderch @ Aug 4 2009, 02:55 PM) I am also interested in why you dislike Bridgeland? This would be just my assumption, but the main reason to stay away from Bridgeland is due to the migration of the East Village squatters. Given that the City has been cleaning up the East Village...

QUOTE (DaveRhydderch @ Aug 4 2009, 02:51 PM) Personally I`m a big fan of this area. The mall in Balzac, the work being done at the airport, and in general the work in the north part of Calgary are all current and future areas of employment. I`ve got a few properties up here and find it very easy...

QUOTE (DonCampbell @ Mar 10 2008, 02:38 PM) Areas of transition should see the biggest increases in average values. What do everyone think of areas like the NE Calgary, area like the Saddlerige, Martindale and Taradele? 2 more new train stations coming and the close proximity to the NE ring...

QUOTE (DineenJJ @ Jul 31 2009, 10:56 PM) ... the yard is completely un-kept, and there is a lot of junk (doors, old couches, etc) lying around the yard. I want to take a look inside the property with my inspector before and after the repairs have taken place to make sure everything was done...

QUOTE (Dan_Eisenhauer @ Jul 30 2009, 10:07 AM) ... you have NONE of your own money in the deal. Why are you worrying about your ROI? It is infinite. Thanks Dan, This all I wanted to hear and nothing more. Just wanted to put it in the right context...

Sorry for my confusion. Initially I did not know how I will word this question, but please allow me to reconstruct and hopefully clarify. Basically I am trying to figure out how well I have done in the given situation: I have purchased property B using 100% HELOC I got from property A (all...

QUOTE (Dan_Eisenhauer @ Jul 29 2009, 11:23 AM) While it is true banks will loan 80% LVR, some, if not most, will allow HELOC to make up the difference. If you use an HELOC to purchase a property, with none of "your own money" in it, your ROI would be infinite. However, you will be paying...