You don`t always require written 24 hour notice. Specifically when the tenant has given notice that they are moving out. For selling you need it. It is unlikely that anyone will buy your problem tenant unless it`s at a significant discount. Entry without written notice A landlord can enter a...

I recently attended the Canadian Apartment Investment Conference and one of the session was very informative, on this very subject. It`ll be going up on Million Dollar Journey in about 3 weeks about. I`ll come back and post it here. Basically there are about 4 large demographic groups that...

In Ontario, it makes absolutely no difference to the eviction process, what kind of lease there is. Term leases make no difference. The only difference is if you want to evict for continual late payment you can only do this at the end of the lease. Most people don`t use this application...

I wrote a guide for landlord that includes every single method I have heard of. Bed Bug Guide For Landlords Here are some facts about bed bugs every landlord needs to know. Nine Important Facts about Bed Bugs 1 – Even the adults are small, but the nymphs are transparent and practically...

QUOTE (valentina @ Sep 21 2010, 11:10 AM) According my Lease agreement the tenants will pay utilities and they have registred it on thier name But now they did not pay utilities for 4-5 mth and owe a lot and they give me a notice to break down the lease and move out at the end of October What...

I would recommend unfurnished simply because there are more people looking for unfurnished rather than furnished. You might look into CMHC`s RRAP program (you can go to their site) they will provide a grant of up to $24,000 in Toronto, as long as the tenants fit into their parameters. It`s to...

If you take the 10 post dated checks and they bounce, you have a better case in court, because you will be asking for money they defaulted on rather than having to prove the amount or whether they have to pay. By providing they checks, they have already admitted a) that they owe the money and b)...

QUOTE (ThomasBeyer @ Sep 19 2010, 03:27 PM) sure .. but then certain asset classes should not be bought, e.g.: stocks or single family houses if there is realistically no equity upside ! HOWEVER, realistically, one can factor in AT LEAST inflation, or 3-4% on average annually .. not every year...

JDaley, I agree with what you say. In my business I have seen a great deal of people who own subsidized housing Landlords who have bought at too high a price and are now paying into their properties because they did not account for management, maintenance or vacancy expenses. Not REIN...

Everyone that you guys suggested has been invited I discovered some excellent blogs in there as well. Awesome!

Canadian Real Estate Blog CarnivalSeptember 14th, 2010 I have decided to start a Canadian Real Estate Blog Carnival. A while back Mike a blogger who owns both Money Smarts Blog and Blogthority which was a huge help in figuring how to increase traffic recommended that I submit to blog carnivals...

I`m not at all surprised. I also remember seeing that the average Canadian renter`s savings were a total of $2000 and that is also probably true from what I`ve seen. Many of my friends have asked me why I don`t buy a leased car or a bigger house in a better area. I tell them I hate monthly...

I third and thanks for being so open and honest about yourself Godfried. The bottom line is that it may be simple to acquire wealth and property BUT... It isn`t easy. It requires vision and planning today for better tomorrows. It means doing things differently than most of your peers. It means...

The way I see it is that every obstacle to home ownership will both eventually increase the amount of rent we can charge and especially increase the quality of the tenant pool available to landlords. This has been a subtle but persistent downwards pressure on landlord`s profits for years. I have...

QUOTE (ontariolandlord @ Sep 10 2010, 08:09 PM) As unemployment in Canada rises. As the US is looking at a double-dip recession. As Ontario has a $20 billion dollar deficit. Who does Carney truly work for? He works for me Muahahahaha

QUOTE (ThomasBeyer @ Sep 10 2010, 10:44 AM) partially true only .. as the rent ceiling differs by city and is usually WELL BELOW market .. and in effect for 15 years .. so this program is NOT useful for investors but for municipalities or non-profit organizations usually !! I checked using...

I want to point out that CMHC has a program to help fund any necessary improvements to the fire code in the form of a forgiveable grant. They`ll give you a $24,000 forgivable grant to improve the property as long as you rent it to low income people. Their hurdle for low income and affordable...

I also wrote a blog post about this issue. Making Money in Real Estate Written by Guest Blogger on Mar 24, 2010 filed under Real Estate Print This Post You’ve asked for more real estate posts, and here it is. Rachelle makes a living in investment real estate and will share with you some...

You can hire an independent fire inspector to go through your property before the "official inspection" so that you can avoid any problems with fines. Here`s the Fire Guy`s website http://www.thefireguy.ca/ I`m not sure he works in your area.

I replaced 376 windows in a townhouse complex with energy saver windows for about $54,000. The company I used did a great job interacting with the tenants, they did exactly what they were supposed to. The inside finishing was also well done. The salesman`s name was Boris and his phone number...