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  1. TodorYordanov

    The Same 4 Cats

    If it wasn't for the 4 CATS + Adam this board will be dead, forget boring. How about you get 5 "You suck" clicks on a post from 5 unique users and you are blocked from posting for a week? REIN can do better to steer (make) members go to myreinspace . A weekly email to all members with...
  2. TodorYordanov

    Staging in Toronto.... and REIN.

    Her name is Donna! http://suitedesign.ca/
  3. TodorYordanov

    What Do You Do When Repairs and Maintenance Get out of Control?

    Some really good advice here already. Pay very close attention to the numbers and continuously improve. I find that running a report on a monthly basis to monitor the performance of a property helps me the most. Once you know where your money is going to and why, you will be able to...
  4. TodorYordanov

    Advertising - Which is better?

    Fully furnished properties are usually short term and as such one lump sum would make more sense to potential renter.
  5. TodorYordanov

    Is the rent too High or too Low?

    How do you determine what the rent should be and be comfortable with your decision? I think most investors will not have the same answer to this question. I am again faced with this dilemma and will try to go over all of the numbers and assumptions in describing this case. Condo...
  6. TodorYordanov

    Pre-termination of Lease Agreement

    If you are in Ontario.... Maintenance issues as the one you describe are not acceptable reasons for termination of lease agreement. Tenants have rights and responsibility. One of their responsibilities is to abide by the lease agreement and pay rent on time. They must give you 60 days...
  7. TodorYordanov

    Accounting - multiple bank accounts?

    Here is a tread from awhile back where I outlined how I set up my President Choice accounts step by step. Still works today.
  8. TodorYordanov

    Self Introduction from a new member

    Hi Neil and welcome to the community! Good luck with the "switch-jobbing" and bringing even more passion into your daily life. Looking forward to your tips and stories on renovation.
  9. TodorYordanov

    CHMC wants to do an appraisal, need advise!

    "Help him do his/her job." All great advice here. One think I will add is something I've done myself and I think it helps. When you meet him and start showing him the property in a casual conversation mention the appraisal value that you are looking for. Put a number in his head. Make a...
  10. TodorYordanov

    How do you stay motivated?

    Exsellent suggestions so far. Create. Plan to have a long and fulfilling life! Write your own eulogy. Build your life-long plan around your eulogy. Create. Take small steps every day towards your goals. Just small steps every day. Make this world a little better. You CAN do it. Do what...
  11. TodorYordanov

    Is more than one realtor adviseable?

    Realtors that are geographic specialist are gold! I've known a realtor that has worked, bought or sold almost every house in a neighborhood called The Beaches in Toronto in the last 25 years. She knows everything and everyone. I have no problem signing exclusive with her for that area. Would...
  12. TodorYordanov

    Questions about buying second property

    Are you being 100 % truthful of your intentions and communicate them to your mortgage broker, lawyer and real estate agent? Do they strike you as honest professionals? You can't know everything and most often will rely on experts and professionals to do "what they know best". For added...
  13. TodorYordanov

    Happy Canada Day

    Happy Canada Day everyone! Gorgeous day in Toronto. Time to relax and just enjoy the day.
  14. TodorYordanov

    Appraisal on property - how does it work?

    Hi, I am getting an appraisal on my personal residence and am trying to get it appraised at maximum value. How does appraisals work other that looking at comparable sales in the neighborhood? What are the main factors that play a role in appraising a house? Is it renovated kitchen...
  15. TodorYordanov

    Property Management Companies - share thoughts

    What are your biggest property management frustrations and problems when dealing with a property management company? What would you love to see a property management company do differently? My biggest frustration is the multiple calls that I have to make resolve an issue. i.e. manage the...
  16. TodorYordanov

    What`s 1 thing you SPECIFICALLY did that really helped you move forward in Real Estate investing?

    The interviews with experts and veteran members that are posted on this site are invaluable help and wisdom for me! One thing that stands out and I have to re-tell myself quite often comes from there. At this moment I can't remember the name of the person who said it, but Thank you for it...
  17. TodorYordanov

    Are you not sure or are you afraid?

    I wasn`t planning to write anything this week and then last night my good friend Neil Uttamsingh posts this on Facebook: "I've missed more than 9,000 shots in my career. On 26 occasions I have been entrusted to take the game winning shot...and missed. I have failed over and over and over again...
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