I suggest forwarding the complaint to the condo board so they are aware. A cheap solution could be a sign posted "this area is monitored". We had an up/down suite where this complaint arose. It was non-smoking, but since we could access the common area without giving notice, we had the...

QUOTE (rosecorp @ Feb 24 2009, 09:01 PM) Hello All, We are in the process of buying a apartment building,was wondering , what different types of due dilligence checklists were being used by REIN members and if it would be possible to get a copy of them? We would really Appreciate it. It`s in...

QUOTE (realfortin @ Feb 22 2009, 08:28 AM) Heather, Have you finished it yet? Is it good for residential investing too? I`m more concerned about stuff like the taxation etc that it seems to make reference to. Real Unfortunately, I have not finished it, it`s back on the shelf! I read the...

Home Depot is handing out a leaflet on the subject. It sounds like rental properties will not be given the benefit (only home and cottage). Also, the rebate is given back in your tax refund, so the actual savings won`t come until April 2010. Additional information on the Home Renovation Tax...

I think the way to have the most regret about losing a property is if you stop because of it and never buy the next one. The next purchase decreases/erases the regret! Good Luck, Heather

My brother had a situation where a tenant slipped and fell on the ice on the sidewalk leading to the apartment building. I believe reasonable care had been taken with the sidewalk so it wasn`t obvious negligence. By the time the issue came to court the tenant had moved out and I don`t think...

It seems to me that the only way you can`t sublet a property is if your lease with the landlord/owner says you can`t (does it?). There is nothing in Alberta from charging whatever you want for an initial rent. Even if you are renting an illegal basement suite, the tenant still has to follow...

QUOTE (caglah @ Jan 22 2009, 03:08 AM) It is now selling at $126.00 at amazon.ca. Is that still higher than it costs at the other website? That`s come down a lot. When I bought, it was $200. The authors were selling for $150. Heather

I bought it and have read about 1/3 of it. I found it was the best overall book for Canada. It is definitely a textbook (not for entertainment value!). I think it will be a good reference. The authors must live in Ontario because all the examples/forms are Ontario specific. The site you...

Aren`t suited houses fun! The tenant dynamics can be wild. I think you`re asking the million dollar question. I have seen all variations on assigning the jobs. Because these issues need to be included in the lease, I believe a manager would want both parties responsible. If one side is...

Hi Jarrett, You are in a tough situation! We have similar properties and this is what I have learned: 1. Unless both sets of tenants are of above average emotional maturity, there will be fighting. Property managers recognize this and charge accordingly for the PITA factor (ours raised rates...

Hi all, Hearthstone Property Management (Red Deer) is conducting research about the feasibility of opening an office in Fort McMurray. Deb Bradford has lived in Fort Mac previously. They want to know if there is sufficient interest in their services. For more info, contact [email protected] . If...

QUOTE (Dan_Eisenhauer @ Dec 29 2008, 01:44 PM) I also appear to be on their email address, and do not recall signing up. Grrr. Ditto. Heather

I second Garth`s comments. State Farm has also suggested to me to create a simple form and have the neighbour initial when they check out the vacant property. Heather

I vote against the peel and stick. We did this is earlier properties and it doesn`t hold up and doesn`t seal. A problem with the vinyl sheet is that if you get a hole in it, it`s a pain to fix it. We have gone with the vinyl plank. It looks like it seals fairly well (time will tell) and if a...

QUOTE (investmart @ Nov 10 2008, 11:25 AM) Hi All, I plan to provide each tenant with 2 high efficiency light bulbs (CFL), 13W. My question is are 2 light bulbs per tenant enough (1 & 2 bedroom apartments)? Is 13W enough (vs. 26W which is more expensive)? THANKS. Neil PS. you guessed it... I...

QUOTE (LornaRush @ Mar 8 2008, 08:56 PM) I have been purchasing properties this past year, in total 9. I have been using a mortgage broker and I thought that he would be the only one pulling my credit report. However, in this past year I have had 21 hits on my credit due to the broker pulling it...

I think you`re doing the right thing, providing evidence to your lawyer, have him/her followup with seller`s lawyer. Hopefully, you`ll get some action, if not you`ll know next time to check on it sooner. There`s a form in the downloads that you can get the potential tenant to fill out to...

QUOTE (nepoez @ Nov 4 2008, 08:29 PM) Hi all, I just possessed a town house that`s in great condition, but Christmas is coming soon. I`ve heard it`s tougher to rent a place out around this time. Is that so? If so, does it mean I`ll likely not rent it out until the new year? I think December...

QUOTE (terri @ Nov 4 2008, 08:28 PM) investment opportunites Hi Terri, Looks good. Only thing I noticed is the typo under investment opportunities. the 2nd "opportunities" is missing the "i". Regards, Heather