ditto, not a member but active in the Winnipeg market

QUOTE (jeffjas @ Nov 11 2009, 12:44 PM) Hi Josh I live and am actively invested in the Winnipeg market specifically in multi-family (6 plex & 22 unit). I`m interested in your search and acquisition strategy. The Wpg market has been hot the last couple years with little or no opportunities...

QUOTE (investmart @ Oct 29 2009, 06:45 PM) Great feedback everyone, Mitch, the unit in question is in a 4-plex and yes 2nd floor. So apparently, based on your feedback, in a Plex (2-4 units), carpet might actually be better or at least not a disadvantage(!) The reason is 2nd floor carpet has...

QUOTE (zimnicki @ Oct 29 2009, 08:25 AM) Hey guys and gals, just found out that one of my renters, lost his job and needs to move out, so now i have to rent the place out, i havent done open of these for months, maybe some of you can lend me a hand and tell me if im doing something wrong. its...

QUOTE (MitchCollins @ Oct 28 2009, 02:47 PM) Hey everyone; This is a great issue, and something that I`ve looked into personally with our situation as well. I currently own 17 properties with a total of 32 doors and have decided against incorporating. First of all, the costs and increased taxes...

QUOTE (akluge @ Oct 7 2008, 08:22 AM) I`m looking for someone who ideally specializes in small residential property management (1-6) units. Thanks. I am as well. If anyone has any recommendations, please let me know....

Hi all, Great forum. I am hoping to get some advice as to when is the right time to switch to a corporation. I have read the threads on the pros and cons to doing so. From an income and tax perspective only, when does it make sense? I now have 7 doors and will be expanding to 10 soon. I...

QUOTE (mark186 @ Oct 8 2009, 10:17 PM) "I know that legally, as homeowner I am ultimately responsible for that bill." No, you are not. In Ontario a landlord cannot have utilities shut off but if they are in the tenants name, it is the tenants responsibility. Also, the utility provider cannot...

QUOTE (luckyluciano @ Oct 5 2009, 07:40 PM) Wise words! I have definitely planned on it. And planning on prices adjusting down 10-20%. Although I thought this party should have slowly ended in 2005. But the stimulation just kept on coming. Sometimes I feels the policy makers must have a big plan...

Thanks for the prompt response.

A quick question to the RTO gurus on the board. If a buyer backs out of a RTO agreement, does the landlord/seller keep both the option payment and the rental premium or does the rental premium get returned. Thanks.

If you have a mortgage broker who specializes in investment properties, ask his advice about appraisers in your area. I worked closely with an appraiser for a while that was quite conservative with her appraisals. I switched over to another broker, one that specializes on investment...

Looks like there are a few new members in the Winnipeg area. Perhaps we can try that meeting again?

QUOTE (zimnicki @ Sep 24 2009, 10:29 AM) Hey how are you doing, my name is michael, im from winnipeg as well, the realtor i use, for all my investments is adam carrier from century 21.. if you want his number, email me and we can chat some more michaelzimnicki @ hotmail.com Thanks Michael...

I have been investing in real estate for the past three years here in Winnipeg and I have assembled a decent team for most of my transactions. The one link that I am truly missing is a good realtor that works well with and understands the needs of RE investors. Does anyone have any...

QUOTE (vandriani @ Sep 18 2009, 02:36 PM) I think the biggest factor is the cost of separating the utilities. It may not be economically feasible in relation to the type property you have. In some cases it just does not make sense There are certainly cost associated with a conversion, some...

QUOTE (JNB @ Sep 16 2009, 08:33 PM) 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...