Hi, I`m looking for a GREAT Real Estate agent, Building Inspector, and Property Managment company in PETERBOROUGH, Ontario. They should preferably be experienced with small multi-family, 2,3,4 plexs. I`d also like next weeks winning loto numbers, but we`ll see how much luck I have with these...

The tree house thing looks pleasant to me (i`m a tree hugger, and proud of it) but it`s just too far to the beach for my tastes.

Start by reading Don`s book (just finished it, starting 97 tips). It explains the 10% rule, and all the other stuff they refer to on this forum. There`s a lot of interesting information there, as well as a lot of common sense, which a lot of people might otherwise overlook...

Ontario Fire Code may require you to get an electrical inspection done (for duplexes it definately does, not sure about tri`s). If your building has passed this inspection as it is, then really there is no concern for safety, and the demand from your insurance company may be unreasonable...

I have only one question... where do I sign? (checkbook in hand) w

Excellent topic Thomas. I like the way you think. The only concern I have about this is that rents can drop in declining markets. I don`t believe you`ve factored that variable into your equations. In some cases, rents can drop dramatically, though in such markets, the potential for lower rental...

I think he`s in Hamilton...

http://www.cmhc-schl.gc.ca/en/hoficlincl/m...0Properties.pdf 7.25% seems a bit high to me.

CMHC site has a wealth of info: http://www.cmhc-schl.gc.ca/en/hoficlincl/h.../stda/index.cfm

found this interesting link that helps explain: http://www.carters.ca/business/GST1999.htm You didn`t mention if your commercial property was residential or not. If it is, you may be eligible for the Residential Complex Exemption (Used Residential Property). There`s a disclaimer at the bottom...