I respectfully dis-agree with you guys. I think lease to owns in todays economy are a great way to generate positive cash flow, while at the same time, hopefully having tenant free issues for 1-2-3 years. You have to be realistic in your property appreciation (4%/year?). But the right home...

3.) Do people actually go for deals like this? It doesn`t seem like a very good deal paying rent for two years and owing an addtional $17+K at the end of the two years. Lots of questions...... Thanks Dean It would be YOU collecting to monthly rent cheques/lease option payments PLUS and...

Why not consider a 4 year closed? They are sitting around 4%, and historically being tied to the U.S. Presidential election is a good place to be. Just a thought. Brad

I would have filed the L1 already. A tenants negative financial situation can`t effect yours, that is unacceptable!! He still has time to pay after you file, but not filing just extends the process and your costs. Bin there, done that. Your tenant obviously isn`t concerned with honouring your...

Funny guy!!!!!! Please substitute bread with breed, ha, I even proof read that post a few times before submitting it, hahahaha. Though if it were possible, I would love a nice whole wheat raisin loaf

Shooting them is definitely out, hahaha. "PERSONALLY"I don`t find poisoning them unethical. Squirrels are nothing but rats with fluffy tails. They will eat through anything, cause damage, stink up your place with filthy urine and bread like it`s going out of style. Do what you must to the...

RUN away from the areas you mentioned, the tenant profile is rough say the least. Yes there is cash flow......on paper, but those properties will eat up much more time then they are worth. Anyone that has their act together doesn`t live there. Crime, drugs, up to you, but it won`t be easy...

I live in Ontario and I have no idea how much rent should be, or what the market in your area is like right now. Looking at the apartment, it looks neglected for some time. Very dated, dark, missing ceiling tile, needs paint and flooring. If $1100 is top dollar for your targeted tenants you...

We are well into an economic mess, it started many, many months ago. Your question can only be answer by yourself. Trying to time rarely works as well as riding out the storm. What does your business plan tell you to do? Brad

Is this good or bad news? All you have done is post a link to the Star. I don`t get it?!?!?! Personally, I feel that the tightening of credit means more people will be unable to qualify for mortgages which in turn means more renters that require homes. I guess you posted this because it is...

I have never heard of an ionizer, thank you for sharing that. Brad

If that tenant leaves, I`m sure his/her unit will have to be thoroughly cleaned. Why not allow him/her to continue smoking and then have the next tenant sign a lease that states no smoking. You could be risking losing a good paying tenant because you don`t want them to smoke. Remember, you...

THANK YOU DAN!!!! I love how you broke that down nice and simple. Brad Hamilton

"It didn`t hurt that we also fliered their apartment buildings offering to cover the tenant`s moving costs (oops!)" I love it!!!!!!

Slow down everyone..... it`s a dog, not a cheetah. I have raised 2 dogs through puppyhood and have had no damage to my place. It is all in how responsible and commited the owner is. A crate is a must, period, not arguable. Lots of outdoor activity and training. Labs are smart and usually...

Having recently gone through and eviction and the few thousand that it cost me out of pocket to get my unit back up and running....... STICK WITH YOUR GUT!!!!!!!! I didn`t and I should have. It was a similar situation, single mom (so was my mom, but there are issues to consider), decent job...

I find this an extremely interesting topic. I too am considering a lease to own for one of my next properties. I understand the tax implications of income vs. capital gains, but that monthly cash flow is enticing. Brad Hamilton

It is amazing the difference in opinion out there!!! Here on myreinspace, most of you who take the time to give your opinion on a subject like this are well versed and know that permits and the legalities of such a project are extremely important. When I talk to the "general public", many tell...

Hi all, My wife and I have just taken possession of our new home (new to us, built in 1971). We would like a load bearing wall on the main floor removed. I am somewhat handy, but this is beyond my capabilites. Does any one out there have experience with this type of work? If so, please get...

RIGHT ON TODOR!!!!!!!! Brad