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  1. O

    Rent Revaluation On Purchase - ONTARIO

    I would like to take on the current tenants, but not at the current rent roll Basically, I guess I am wondering if there is some opportunity to take on vacant possession of a multi-plex and then re-rent it (potentially to the same tenants). Is this permissible by law? Does anyone have...
  2. O

    Rent Revaluation On Purchase - ONTARIO

    I`m currently looking at a property where the rents are well below the market rent in the area. How does one go about have the rents revaluated upon purchase? In particular, I am wondering for the province of Ontario.
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    Property Management

    I know Magnum Property Management runs some rental pools in McMurray. Try give Peter a call and if his company can`t help, he is sure to know someone who can. You can reach him @: Peter Best - Telephone: 403-250-7999 QUOTE (Grant M @ Oct 19 2009, 07:23 PM) Does anyone know of a Property...
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    Return rent?

    QUOTE (orei @ Jun 2 2009, 01:25 PM) I have performed an eviction of tenants for the 5th of last month. Do I have the right to hold onto the full month`s rent? Is there any precedent that says I must return the ~25 days worth of rent for the days after they vacated the premises? The tenants...
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    Renting to Students

    QUOTE (TerryF @ Aug 8 2009, 04:51 PM) Students usually don`t have a regular or full time income, and sometimes don`t have much credit history either. So checking their credit report, confirming employment and income, can be pointless. What is the best way to ensure you will get your rent paid...
  6. O

    Is this a red flag?

    I have had a tenant prepay 8 months worth of rent - but he did not inform me until after I had already screened him as a tenant. I cannot understand why, but just assumed that he must have been terrible at budgeting. Everything worked out fine, and he is still with me, although he is now...
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    How to reno and show a place @ the same time?

    I`ve rented a place that had been completely trashed - just after the delinquent tenants had moved out. I simply asked the prospective tenants to ignore the current state of the house and showed them my plans for restoration of the unit. I then proceeded to give them a signed letter...
  8. O

    New basement windows

    I`m wondering if anyone has experience getting new basement windows cut and installed (surely someone does). Basically, there is a basement suite with windows that do not meet code that I would like to upgrade. What would a typical expense be for this? It would involve concrete cutting and...
  9. O

    Home Inspector

    I am looking for some recommendations for a home/property inspector in the Kitchener/Waterloo/Cambridge area. The last individual I used was extremely unprofessional... Thanks in advance!
  10. O

    Return rent?

    QUOTE (invst4profit @ Jun 3 2009, 07:19 AM) Go forward with your assumption. Do not assume there is a president. It is strange that the LTB did not discuss the issue of rent for the remainder of the month. If it were me I would probably wait and appear before the board if it was not too...
  11. O

    Return rent?

    QUOTE (invst4profit @ Jun 2 2009, 02:55 PM) Was the eviction through a LTB ruling. Have the evicted tenants asked for there money back. Did you have new tenants in the unit for the remainder of the month in question. If they have not yet paid for the damages and have not asked for there rent...
  12. O

    Return rent?

    I have performed an eviction of tenants for the 5th of last month. Do I have the right to hold onto the full month’s rent? Is there any precedent that says I must return the ~25 days worth of rent for the days after they vacated the premises? The tenants were removed for damage to the unit...
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    Property Management in Ontario

    check out this site: http://www.ltb.gov.on.ca/en/STEL02_111286.html I just successfully evicted using the N7 - 10 day eviction for willful damage to property. I really hope for your sake that this does not fit your situation. It is quite unpleasant. However, the judge at the hearing was very...
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    purchasing a vacant property

    I have two questions: 1) How have people dealt with purchasing a vacant property in the past? Is there some way to structure a deal with the conditions that I (the buyer) can find adequate renters before X date? 2) Does anyone have a recommendation for a great mortgage broker in KWC...
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