QUOTE (eddyb1978 @ Jul 25 2009, 09:20 AM) thanks guys for all the feedback... keep it coming. :- ) Challenge them to go green! I assume the vehicles can stay in their parking stall, they just can`t be moved for 3 weeks. Compensate those who agree to leave in the stall as you won`t have to...

Hi all, I was checking out the most recent census and found some interesting info. It has a breakdown of the types of residences per neighbourhood (house, 4plex, etc) and includes suites in a single family residence. Reading through the lines tells me this is the number of suited properties...

(sorry about the formatting)A publication of the Financial Post, Canadian Demographics 2009, estimates that Red Deer citizens` incomes are appoximately 18 per cent higher than the Canadian average.2009 Average Household Income Red Deer 92,836 Alberta 97,306 Canada $78,689 Source - Canadian...

QUOTE (Aneta @ Jul 17 2009, 12:12 PM) Hi Heather: Do you have the exact wording of that clause that you can share? Does anyone else have a template clause that I can put in my lease, regarding abuse of utilities? Thanks in advance. "Where any utility is included in rental amount, tenant...

QUOTE (invst4profit @ Jul 14 2009, 09:47 AM) 1/3 is the maximum I accept. Anyone over that I reject as being too risky. Yes some tenants may be able to afford more but I do not take that chance. Many LLs may say they had a 40% tenant that was the best they ever had but for me I do not see any...

QUOTE (Nicola @ Jul 10 2009, 07:57 PM) In any case, the point is now moot, as the tenant has skipped out - big surprise... It`s so irritating! At least you can move on now. I have found with our PM that we get more accomplished when we are not debating about a specific tenant, more that they...

Sounds like Neil has the winning post of the day. But pretending you didn`t have this information: I agree with the other posts. Odds are you`ll regret this renter. As Jason said, get a few more details that may influence your decision: -ask for a copy of the police report, if not reported...

Many good points mentioned here. Things that come to mind: What other areas do you need to invest in (or deal with) so your business/investments are a success? Luck happens to those who are prepared. -updated will, disability insurance, life insurance for both of you. -health insurance, gone...

QUOTE (OlegP @ May 19 2009, 05:41 PM) I am working on purchasing my next property now. The insurance agent I have been using advised me that I would be moved to a commercial policy, which can be considerably more expensive. Can anyone recommend a cost-reduction appoach? Is commercial rate much...

Our PM advised us to charge $1.75 to recoup costs (ie-not much cashflow!) QUOTE (Brianrpaul98 @ May 12 2009, 05:11 PM) Hi, Just curious as to what others are charging for the Coin-op Washers and Dryers per load to the tenants? Thanks, Best reg,

Hi all, I got into a conversation with a realtor about GST payable on purchase of a multifamily property (apartment building with no commercial component). I knew the answer was no, but do you think I could find it in black and white on the gov`t website? No, and even a phone number was hard...

QUOTE (dplummer @ Apr 28 2009, 05:09 PM) The Condo Corp Insurance only covers the Condo in it`s original state from the builder. Any upgrades to flooring, cupboards ,etc will have the unit owner paying the difference from the builder grade to the upgraded condition. Some Condo corps make the...

Hi Bart, We have several properties in Red Deer, most south of the river but 2 in the south end of Riverside Meadows and 1 in Fairview. We don`t own in Oriole Park, but when we were considering it, it seemed more transient and the crime rate was higher than other areas of the city (the RCMP...

QUOTE (selewis @ Mar 6 2009, 11:57 PM) all you have to do is ask. i received the word that TD was upping my LOC from prime plus 3 to prime plus 3.5. i called them and asked if they could do anything, and less than one minute later the lady came back to me with prime plus 2.75. all i did was...

We have been getting ours from Home Depot and we`re happy with the quality.

We have up and down suites on shared meters which we pay the utilities. Our PM has a clause in the lease which states the tenants will pay extra utility costs when they rise above 20 % of historical costs. We have never called anyone on it, but it`s there and the tenant is aware of it. I...

hi Gary, Congratulations on your find! My husband took 4 months off with me when our first child was born. It was great, our daughter responded great to both of us. One thing to keep in mind in that if your health benefits are through your work, you may be responsible for the premiums during...

We had an incident last year when a mystery (large) truck drove down the street of our rental property and ripped out the power line to the property. We contacted our insurance company because we had no clue what the final cost would be. It was a weekend and winter, of course. At first it...

I was at Scotiabank today. I was told to expect a letter next month for unsecured LOC`s rates to go up by 1 %.

QUOTE (jkcomm @ Mar 3 2009, 02:23 PM) Anyone heard from CIBC about their prime rate? James "Canada`s major banks appeared ready to play ball with Carney: shortly after the announcement, Royal Bank (TSX:RY), Bank of Montreal (TSX:BMO), TD Bank (TSX:TD), CIBC (TSX:CM) and Scotiabank (TSX:BNS)...