QUOTE (Berubeland @ Nov 28 2010, 11:23 PM) I`m sure CREA wouldn`t mind if rent to owns had to be processed by a real estate agent. That is like saying all property managers need to be regulated by the CREA. An RTO owner/investor is a property manager. There is a market for RTO because there is...

We get the same results from both. The advantage to toll free numbers is you can operate anywhere in Canada and move your advertising around only with one number. By the way we use. www.voicemailtel.com

There is a great book that Mark Loeffler wrote on Rent To Own.Investing in Rent-to-Own Property: A Complete Guide for Canadian Real Estate Investors It can be found here There are some sample forms in his book. Good luck,

QUOTE (gwasser @ Nov 24 2010, 10:11 AM) Doing a proper CMA (as described by Garth) will take several hours to an entire morning depending on its complexity. The Realtor doing the CMA should be familiar with the community wherein the property is located or get advise from a fellow realtor that...

What specifically are you looking for?

QUOTE (larolargo @ Nov 23 2010, 12:05 AM) Every time I put my "we buy houses" add on craigslist to attract sellers I get flagged or ghosted. Do you guys know any tricks around that? Thank you! Mario Try different Headlines, you need to be creative Ones that have worked for us in the Toronto...

QUOTE (littleboy @ Nov 19 2010, 11:45 PM) New to this game and eager to try it out. Where can I grab the sign? Any input would be appreciated! Are you looking for lawn signs?

The key with any transaction is you need to know what your exit is before you buy. It would appear that the exit here is very limited. You also mentioned that the current owner inherited the properties. Have the properties passed through probate yet? Depending on the circumstances this can take...

I think I would be walking away from this one. The 40k out is too steep for the spread. Get her down to 10-15k and you might be able to justify. What we she sell the home for if you cash her out today? How long has the home been on the market? What methods has she used to sell her home? Was she...

You mention the property needs to be renovated. What is your budget for this? How do you know the value of the property will be 200-210k after renos? I`m guessing you will need 165-170k. For a cash purchase + renos and holding time until you can refi. Will the seller allow you to take over their...

There are many things to consider when buying/investing in the US. A good resource to start with is a book that Phillip McKernan wrote. It is a story about a Canadian couple wanting to buy in the US and all the due diligence and surprises they encounter. South Of 49

QUOTE (DavidSandbrand @ Nov 3 2010, 01:24 PM) Gary - will registering a notice on title trigger land transfer taxes if the purchase is not by way of an agreement for sale? Thanks, David. As far as I know, Land Transfer is only triggered when you A) buy a home and Title transfers to the new...

Tell the him the owners of the home in Newmarket are pleased with the outcome and experience. The show was there last year and it aired a couple of months ago. This was the first time the show did an existing apartment and updated it! The owners where already exposed to being Landlords and found...

QUOTE (Ellensamiec @ Nov 3 2010, 11:51 AM) Hi It`s good to hear about and work through a deal like this. Good Luck Sue! Does anyone know if there is another way to protect our interest in a property without registering the AFS and triggering land transfer tax? Can another type of Caution or...

I don`t know the Hamilton market like some but I know there are few streets that many investors will not even look at because there is no exit and the areas are war zones. Make sure you have your exit plan(s) before you sign off on any documents. The numbers may look ok but only if you have a...

QUOTE (gwasser @ Oct 14 2010, 11:29 PM) Hi Gary, Just curious. Do you pay $69 per title? In Alberta, we have a government website where you can sign in as `guest` to search for the title (and pay by credit card). Once you find it, you can pull it for $5 this includes an e-mail to you with the...

QUOTE (housingrental @ Oct 14 2010, 11:51 AM) Hi Gary I didn`t look into this at all but total cost from my lawyer doing it is $69.30 - coincidence from reading these posts as I just had this done yesterday on a property I`m interested in putting an offer in on. You`d think there would be a...

1. Review the homes that are for sale on the mls in the area 2. Once you think there is an opportunity ask your Realtor to pull comps To pull title in Ontario I use ontariotitlesearch.ca it cost $69 + taxes. Or I have my lawyer quickly do it, or you can go down to the title office and do it,

QUOTE (EdRenkema @ Oct 5 2010, 11:47 AM) I have possibly 2 leads from tired landlords and would possibly like to buy one or both under contract. Can someone summarize quickly how to do it? Not sure what you are asking, Do you want to get them under contract and sell the contract?

All the replies above are great. Brett and Thomas gave accurate information. As an investor whose portfolio is 80% RTOs it was a decision for us that we are comfortable with. We where asked by one of our investors for a higher COC return. One way for us to deliver was to look at RTOs. After a...