Thank You Kevin and Thomas!

Thanks Allyssa, it`s interesting there are still people willing to send money before even seeing their new place.

QUOTE (JimWhitelaw @ Nov 13 2010, 07:42 PM) Seems to me that a PM that can`t handle abrasive people and confrontational situations is in the wrong line of work. Kris, I agree with Jim 100%! Your biggest problem is the PM, not the tenant (although tenant isn`t good for business either). A...

Hi All, When refinacing say three 4-plexes which are under a corporation (corp. on title, owner on mortgage), is it correct that as long as the corporation exists for more than 2 years and can prove income, input on the corp`s owners is not required? (except maybe their credit score and net...

Thanks Margaret. Yes, going there for that purpose usually does not make sense. I will keep the the PM in the loop. Regards, N.

Hi All, When you need an appraisal and the property is far from where you live, is it important to meet the appraiser at the property in person or is it OK to just let the tenants know he is coming and do everything over the phone? Similar question when you have a property manager: do you...

QUOTE (luckyluciano @ Oct 25 2010, 05:09 AM) Living off temporary positive cash flow of monies which typically would pay down debt before the introduction of the 35 and 40 year ammortization is mostly promoted on these financial/real estate websites. True net worth is equity and not how mant...

QUOTE (SpecialEd @ Oct 24 2010, 02:41 PM) I agree with the general consensus that a shorter amortization is better. Hi, really you do? well for investment purposes shorter amortization is actually worse. The reason longer amortization is better is: longer amortization means lower monthly...

Thank you everyone for the feedback. Logically, tenants should pay for any additional garbage tag they need. Otherwise, tenants would have ZERO motivation to use less of them. this would contradict city`s goal reflected in the fact they only provided 30 tags/unit for free this year VS 40...

Thanks Greg, it`s just that the city sent them to me to give the tenants so the tenants are informing me they need more. also, I wasn’t sure whether as a tenant you may have additional rights such as not paying for garbage tags where rent is "all inclusive" for example. anyway, a minor issues as...

Hi, I have a plex in Orillia where the tenants used all the garbage tags they got from the city. Should I buy and give them more tags or ask them to go to the city centre, buy more from them and pay for them themselves? It`s not about the money - they only cost around 10$ per 5 tags. It`s about...

Hi All, I am surprised so few investors are interested/participated in this discussion. (maybe because program is for Ontario only and not many ON members here?) This solar panel investment opportunity is in a way better than real estate because it truly generates passive income where RE...

4-40-400 would be nice.

Thanks Garth!

Hi invst4profit, Great advice does not mean they solved the problem. it can also mean John and Godfried raised a point or two I did not think about and this helps me make a better decision. there are also advantages to accepting this couple like the fact all other applicants so far have kids...

QUOTE (Rickson9 @ Oct 10 2010, 02:49 PM) In my opinion, an individual is most as risk for failure when they begin to believe themselves to be smart. The opposite is true. the world`s top billionaires obviously believe they are smart. most just behave modestly which is good for business.

Thank You Godfried and John for the Great advice! Regards, Neil

Hi safsad (safe&sad?) just joking , Thomas summarized it well. However, you are confusing important terms. `risky` and `fear` are relative terms. one`s perceived risk is another`s safe place. asking if there is a reason to fear is only relevant when you look at the mirror. ask my mother and...

QUOTE (ThomasBeyer @ Oct 2 2010, 11:49 AM) We are looking into this right now Hi Thomas, have you decided to apply/implement this in Ontario or still checking? Thanks for sharing the link on Ikea - interesting! Regards, Neil

I wish MLS had a `Total Monthly Rent` field for all RE agents to update for rental properties, by which all users could search/filter. now how much more efficient would MLS be for us investors. if you`re an agent and like the idea, please pass it on.. Hope this isnt too off topic. Cheers.