Thank you for the kind thoughts Thomas

Standard option: Tell them they owe rent until end of May 2013 (assuming the lease term has already ended). You will try to re-rent sooner if they want. They are responsible for rent payment until it is rented (the earlier of time it rents or end of May). Apply last month rent deposit to...

Hi Scott Email me through my website and I can forward along a lawyer contact for you

Save more money Focus on what you want to do Take action in future with more $ and better plan

Sounds good - as long as you are OK with my answers being disconnected from the questions asked - phone me to arrange the time the film crew will come to my house

A dissapointing video It lacks Adam Hoffman and/or Hoffaco Property Management content Other than that, good job!

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Every person has a different idea of what a good ROI is. Ensure you understand and are comfortable with the risks (specifically for this type of product in many markets there can be limited demand for a $1200 per month rental - so there might be extended periods of vacancy while holding out...

Hi Greg Re your post above I understand your perspective However The tenant might end up owing more than one month rent In addition the tenant might pay with a well worded demand letter without the need for time (and additional outlay on filling fee which you are not guaranteed to get...

Of note on Sherrilynn's post that mentions prompt payment discount In Ontario you can do this for 2% (ie rent owing divided by 0.98) if not received on the first This should be written in your tenancy agreement

In Ontario it is $20 plus actual banking costs you are charged (ie no cost to you = $20, $7.50 charge to you = $27.50, etc.) It should be written into the tenancy agreement In the past at LTB I've been told if it's reasonable (such as $50) they do not challenge the amount / require proof - and...

Email / send a notice summarizing your position and funds owing so you have it on record Maintain a detailed log If you have the renter out - you have an opportunity to present a pristine unit - get it cleaned and well prepared and rented

Jon has a good post above The only thing I can add to it is check with many local lenders and brokers - for certain areas / certain properties it might be possible to find a lender at similar rates (the big issue) in the 65-80% LTV range

I would disregard Greg's post. Payment rights are not absolute. Landlords have an obligation to mitigate damages. In addition you are able to seek rent payments beyond one month of rent. To add: You have to try and re-rent the unit. Tell the tenant that they have a valid contract in...

Why are you selling?