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  1. NorthernAlex

    Grass Cutting

    QUOTE (investmart @ May 25 2010, 01:24 PM) Hi All, A few basic questions about grass cutting: - Is the landlord always responsible for grass cutting in a Plex (3-plex or 4-plex)? - what approximately is the cost to cut grass and how often should it be cut? - lastly, an example: I have a...
  2. NorthernAlex

    Smith Manoeuvre and Real Estate Investing: 3 questions re. Peter Kinch`s accelerated strategy #1

    Indeed, it would be great if you could share Peters answers to you (even if you want to in the above mentioned "ASK AN EXPERT" board).
  3. NorthernAlex

    Smith Manoeuvre and Real Estate Investing: 3 questions re. Peter Kinch`s accelerated strategy #1

    As you are a Rein member, wouldn`t it make sense to post this to the "ask an expert"-board? Very interesting topic, though.
  4. NorthernAlex

    Tenant is dealing with drugs....

    I spent yesterday 3h to count who and how many people were coming. I counted 18 (!) visitors, mostly in the age between 15 and 35 years. After the 3rd hour I waited until a minor came back out and met him in the hall way. I asked him quite rough how much he paid for the gram as I want to buy...
  5. NorthernAlex

    Newbie from Toronto

    LOL... nice one, Oli. I am from Germany and renting out in Ontario is compared to Germany and their rental laws a blessing. So, it always depends of your point of view and were you are coming from. But I agree, that renting out in Ontario is much more work and more LL unfriendly then Alberta...
  6. NorthernAlex

    Newbie from Toronto

    I missed your info that you are reading the book right now. Mea culpa maxima. Yep, I thought the same that it is very general, but it turned later on to be a bit more specific.... but this forum and the forms, legal agreements aso, which are available in the Member section, made me join Rein...
  7. NorthernAlex

    Newbie from Toronto

    Hello Oli. Welcome to this great Forum. I would get the book of Don, as it gives a real good first impression of investing in RE here. I just it (and the forum here) as reference. I invested first everything in our home and used a Heloc for the downpayment of the first investment property. I...
  8. NorthernAlex

    Tenant is dealing with drugs....

    Greatful: Maybe he is not dangerous and maybe a nice guy, but there is also his girl friend. She is a real trouble maker. Complaining, shouting, swearing aso. ... I just don`t want to drop the quality of living for the other parties. I also had some damage (motion detector for the light was...
  9. NorthernAlex

    Tenant is dealing with drugs....

    Thank you, Greg and Enjoy your holiday! I definitly don`t feel insulted and am grateful for all the input I get. Only 6 months hands on experience here. There is certainly a lot what I have to learn. I see this all as an experience and learning curve. So far I never had to deal with "these"...
  10. NorthernAlex

    Tenant is dealing with drugs....

    QUOTE (invst4profit @ Aug 2 2009, 07:18 PM) ......This is not necessarily what I would do but it may work as drug users do not generally like getting there pictures taken. You may want to have a large companion with you when you try this...... Would you mind, Greg, to contact me with a short...
  11. NorthernAlex

    Tenant is dealing with drugs....

    ... haa, would it be too easy if everything would work without hassle? I just finished one topic in my rental place and found another one. The last couple weeks I was noticing, while cutting the lawn, a huge 3 minutes visitor traffic at one of my tenants. Yesterday, while collecting rent I...
  12. NorthernAlex

    1/2 teant moving out. 2nd half staying...

    Just a short feed back about this topic, which is now solved. We worked out, that they will release the girl, who is leaving, and that we will make a new rental agreement with the same conditions like the old one, but now with the staying couple.
  13. NorthernAlex

    Do you know where I can get an OREO (Ontario) Lease form from?

    Hi Rasna. Just sent you a private msg here- plz check inbox. But, to be honest, I didn`t understand your statement: "...... since they`re being assigned the same lease." Are the new tenants taking over the old lease or how do you mean that?
  14. NorthernAlex

    Rate my probable property

    Even if you manage it by your own you should a management fee. So, if you need later on a mgmt., you already priced it in. Don`t forget a potential vacancy rate. Do you rent a full kitchen with it? What, if stove/fridge go out of order? Even if it is hard and tempting, but I would keep the...
  15. NorthernAlex

    Pulling my $$ out of Ontario Real Estate, Looking for a new Province to invest in re. rentals

    If you have property in Northern Ontario, let me know!
  16. NorthernAlex

    1/2 teant moving out. 2nd half staying...

    I will meet the girls next week to figure out a solution. In a free minute I will have to sit down and draw out how much everyone would have to pay to whom, as I get a bit confused with the last rent and the amount. Since July 09 the rent was raised about the annual allowance. Anyhow, thank...
  17. NorthernAlex

    Do you Include the Following in Schedule A when Putting Offers?

    Hi Neil. During the ACRE Week end in Toronto I heard Don mentioning a condition, which I liked. I read it later on, too. I don`t have the current wording around (I am not at home right now, touring Toronto and the falls with the family), but it was something like: - offer valid upon...
  18. NorthernAlex

    1/2 teant moving out. 2nd half staying...

    I read that if girl friend leaves and boy friend stays in- I could use the A2 form "unauthorized occupancy" immediately, because I don`t have any documents. But still, 170$ starting process, maybe X00$ for Marshall aso. The boy friend works for the city and she is in the nursery for elderly...
  19. NorthernAlex

    1/2 teant moving out. 2nd half staying...

    Hello REiN Friends. In my 3 BR apartment were two girls, who signed the actual rental agreement incl. First/Last. Now, 2 years later, one boy friend is living in there, too. One of the girls decided to move out and called me to ask how to proceed. The other girl and her boy friend would like...
  20. NorthernAlex

    Keep tenant or ask for vacant possession

    jlee..... your rental business is a business. Don`t have a soft heart on your expenses. If you want to do something support a local charity and/or do some voluntary work. Would you mind showing us your math on the condo? As Thomas said, I would be interested how you calculated your cash flow.
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