As far as weight goes, I don`t think it should be a problem. An old piano weighs a half a ton with a person sitting at it. When buildings are built, the dryall is stacked on the floor and would weigh over a ton. I would be concerned about water damage if it were ever to break. Granted it is...

Haven`t had any. Using Zone Alarm. Mark

Just wondering when you folks talk cash flow... Is that cashflow at 80% LTV, or are you giving yourself a return on the DP and figure it at 100% financed (even if it isn`t, I still think it is fair to give myself a return) If you are using a LOC it should be figured at 100%, because you are...

Carla, I would have to say most photos I come across are ugly to mediocre. I have done photography as a business, although not real estate. Most do not use a wide enough angle (including myself) and all have perspective distortion because very few have a tilt-shift lens. I am one of those...

Good ideas! We have given restaurant gift certificates, baskets, and grocery certificates. If you know your tenants on a more personal basis you can go even a step further. For example, on of my tenants is on the local volunteer fire dept. I happened to be at a house fire taking pictures (I...

I also questioned this and still do. I spoke with Navaz recently and he advised me that in a long term hold, it is ok personal because of the capital gains tax advantage, but if you are planning any flips to do that under a corp. Especially to keep the two separate, as you don`t want three buy...

Not sure about Ontario, but in Alberta you sometimes have to wait weeks or months! Don`t know if most require a deposit just to book the space. I am from a small town, so it is usually just your word, and theirs. They say they will be there next week, and you have to phone for a few weeks...

Yup, you guys did it!!... AGAIN!!! Everytime I go, I appreciate the honesty, integrity, energy, wealth of knowledge, sharing, caring, man this list could go on! Thanks for all you guys do and the encouragement you give all of us. Great weekend, and as always, there is just a little bit more...

Way to go Brett! I knew you were a mover and shaker, Just didn`t realize how much so. Congrats too on the upcoming little one... that will change your life! If you think you might be busy now..... just wait! Keep it up Mark Bradford

When you say you approached the city... Did you just ask? or did you walk into the planning office with a lot plan, a building plan, rental stats (if there is a shortage in your area) upcoming new projects that may require somewhere for new people to live, or any other relevant info. Have you...

You could always ask for vacant possession, so you don`t have to worry about breaking the lease, the current owner does. Then you can set your rent at the level you want. Mark

If you are set on buying new, make sure the builder is accredited with either National Home Warranty, or Alberta New Home Warranty. This puts resposibility on the builder to own up to defects and fix them. THe warranty program will cover defects in the event the builder refuses or goes under...

Where do you live now? Are you renting? If so, perhaps you could buy your own place with a suite in it and supplement your mortgage. Or a 4 bdrm house. In some instances you could basically live for free (3 roomates that pay $500 each) I think by diversifying, you need time as well. I say...

Another option for you may be the fact that you could get into a property for 5% down if you are willing to live there. This could be attractive for someone else who has the expertise etc, but not enough capital for a full downpayment. Maybe look at something with a couple of suites to do...

Cons might be the amount of masking you have to do to avoid overspray. I use it in new homes or major renos (flooring coming out) It works great, as it is almost three times as fast as dip,roll,dip,roll.... Unless you are really good, you will need someone to roll behind you, or do a small...

Depends on how you want to do it. I usually take my 80% LTV (mortgage payment) and then figure my 20% downpayment at 5.5%, and add the two together to get an effective mortgage payment on 100% of the value. I Value the money I put into it as well as the bank mortgage, as it needs to be getting...

One thing I have found by putting laminate throughout a whole floor is that it gets loud and echo-y (is that a word?) I also would not do it again with a suite below ( I insulated the floor joist spaces even) as it tends to tranfer sound more than carpet. Also had poor experience with the...

Frm what I understand that to mean on a real estate sheet, it means they need to be given 90 days notice to move out. So if you don`t want to inherit the tenants, have the current owner give the 90 day notice, and you make your closing date after that time. If you want to inherit the tenants...

I understand that downturns and corrections are necessary. I for one could not see the sustainability in the pace we were holding for the last couple of years, but tucking your head under the pillow like some people are doesn`t help keep things balanced. I know the pedulum swings back and...

Here is an article I thought worth the read. He points out how tucking your cash in your back pocket and holding it there is maybe not such a good idea. I have wondered about this myself, and now I see someone else sees it that way too and points it out in a newspaper. Wonder what others...