QUOTE (JohnS @ Apr 8 2009, 04:10 PM) Chances are I`ll be there both Friday (after the meeting) and Saturday night, wearing a denim shirt that says "Invest in Ottawa Real Estate", so please come on by! JohnS John, I`ll be on the look-out for your "Invest in Ottawa Real Estate" shirt. Good one...

Thanks a lot for the info, Greg - I`ll look up the local registry office. QUOTE (NorthernAlex @ Apr 6 2009, 09:45 AM) Very interesting your statement above. Can you provide me the info how you did it? Did you use http://www.mpac.ca/pages_english/property_owners/grad.asp Alex, re. your...

Hi folks - My wife and I recently bought a duplex in Ottawa, and we`d like to continue to buy in that particular area of the city. Yesterday I scouted one street, writing down the street numbers of properties that look promising. Now I`d like to contact the owners directly to ask if they`re...

Hi Kevin - we deal with a company called Calum Ross in Toronto. Our contact there is Jas Grewal. Their customer service has been great, and I understand they work with a lot of REIN members, so they`ll know exactly where you`re coming from. www.calumross.com Moe

Awesome advice. Thanks a lot, guys. The RTA will be my bed-side reading material tonight... Moe

Hi folks - my wife and I just bought our first duplex. We only have one tenant (the second unit is currently empty), and we`re already having tenant headaches! We have to upgrade the electrical in the property, which will mean some inconvenience for the existing tenant. She`s giving us a hard...

FYI, there`s another secondary suite grant program run by CMHC. It`s called the Residential Rehabiliation Assistance Program - good for up to $24k. The catch is you have to rent to a senior or person with a disability. Here`s the link: http://www.cmhc-schl.gc.ca/en/co/prfinas/prfinas_002.cfm Moe

Okay - I`ll see you guys there. Moe

I just registered for the Toronto ACRES (April 18/19) and am wondering if anyone from Ottawa will be going. Would be nice to meet up... Moe

Steve, my wife and I just bought our first property, and we were in the same situation as you before taking a different perspective on things. For every property we looked at the numbers just didn`t work. Then we shifted our focus away from the established (i.e. expensive) areas of our city...

My wife and I used the federal ecoEnergy program and Ontario matching program to get $5,000 back on our residential reno. Well worth the effort, I`d say! I`ve mentioned this in another post, but will mention it again here: check out www.ShowMeTheGreen.ca . It has a searchable database of...

Hi Trevor, Take a look at the Treasury Board document called "Canada`s Performance Report" - it`s partly an exercise in rhetoric, but there might be some useful information in there. Moe

Hi folks - I saw someone asking in an earlier post about the new government tax credit for renovations and thought I`d pass along this article link: How to Profit from the Home Renovation Tax Credit Hope it`s useful to someone. Moe

QUOTE (llee @ Feb 10 2009, 12:57 PM) I will PM you with my suggestion. Thanks, Lucas Thanks for the offer, Lucas. I`m not a member of REIN (yet), so can`t use the PM function. Would you mind contacting me by email? [email protected] Thanks again, Moe

Hi again, folks, I`m just getting started in RE investing and am wondering if anyone can recommend a good real estate agent in Ottawa. I understand that Don Campbell recommends hiring an agent who is "young and hungry" (or maybe just "hungry"). Any leads would be greatly appreciated...

Keith, check out this site: www.ShowMeTheGreen.ca . It has a pretty good listing of government grants/rebates for homeowners doing renovations (searchable by province and type of renovation). Moe

QUOTE (invst4profit @ Feb 10 2009, 07:56 AM) If your negotiations are still ongoing on the property you could add a clause that the building be vacant at time of purchase. The present owner would then be in a position to have to notify the tenants that due to the sale of the building they must...

That`s great information, Terri - thanks very much. A friend who invests in Toronto suggested I try something similar (i.e. pay tenants to leave, or temporarily move them), but it`s good to hear how it turned out for someone who has actually done it! The building I`m looking at has five units...

Rasna, Greg, and Lucas - thanks very much for your advice. I will certainly check out OREIO - and will probably end up joining REIN, too... Moe

Hi folks - I currently have an offer on a 5-plex and the property will only be profitable if I`m able to do a minor renovation to each unit (doing that renovation will effectively turn each 1-bedroom apartment into a 2-bedroom apartment). To do the renovation I obviously need each tenant to...