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  1. K

    Leak on lower floor from rains?!

    Donna: I had a similar situation.... and upon investigation, it was coming from the bathroom/shower specifically on the floor above. It was intermittent so hard to detect the reason for. It might be coincidental to have it show up with the rain. What plumbing do you have between the floors...
  2. K

    Inheriting Smoking Tenants

    I purchased a single family home, that was listed for awhile, most likely due to a heavy smoke smell. I got a great deal. I looked into different processes to get rid of the smoke smell. What worked? I hired a company that brought in an air ionizer, and after leaving their machine in the...
  3. K

    Know an Investor lawyer and investor broker in London area?

    I live and invest in London. I use real estate lawyer Paula V. Adams who owns her own law practise 519-438-6077. She doesn`t invest in properties but she comes highly recommended by many financial folks in London and has specialized in real estate law in her own practise for the past 16 years...
  4. K

    Hamilton Zoning

    Jason: Many homes around universities are typically used to house students and some landlords try to get as many bedrooms ie paying tenants in a house as possible. Depending on the city you are looking at, each has their own city bylaws on student housing so you should contact the city. To...
  5. K

    My Cash Cow

    Rebecca: Thanks for always sharing your inside tips and learnings. I enjoy and respect your perspectives and mentally file them for possible future use.
  6. K

    Inspection Service Referral in London?

    Bob: Part of our team here in London is CanInspect Inspection Service owned by Bryan Freeman, RHI. He`s registered with the CAHPI Canadian Association of Home & Property Inspectors and he also does energy audits. Tel: 519-438-6012 cell: 519-868-3643 toll free: 1-877-771-4677 email...
  7. K

    Best number of bedrooms for condo

    John: It depends on who your target market is. I have single family homes and it seems young families prefer 3 bedrooms - one for adults, one for child and third for current 2nd child, or one another planned child or office/den or spare room for visitors. Hence, 3 bedrooms offer more...
  8. K

    Start w/ triplex or 3 single family homes?

    My goal when I started in REIN was to purchase a multiplex as my first investment, hearing that collecting more than one rent was financially prudent should you lose a tenant, as other rents will cover your costs. So, I purchased a triplex and have been on a learning curve like fellow REIN...
  9. K

    Merry Christmas to REIN

    Kudos as well!! Just over a year ago I joined REIN with thoughts of investing yet looking for guidance on what, where, why and how.... and boy does REIN deliver - I received my bronze pin at the last Ontario meeting!! It`s amazing how many people you encounter on a day to day basis who ask you...
  10. K

    Defining Success

    WOW! Congradulations. This is my first year at REIN and I`ve just purchased my 3rd property. Ironing out the bugs in each one, so I can take my learnings forward to the next ones. Awesome writeup. Thanks for the encouragement you`ve sent out for all to read. Kimberly
  11. K

    whats better bang for your buck

    Ontario = good positive cash flow - would balance your Alberta equity growth properties. Kimberly
  12. K

    Great article in Fortune Magazine on US Housing Market

    Garth: Great article. I question their use of `investors` that are now dumping their properties... it may be semantics, but it sounds like they are more like speculators if they are trying to sell off their properties now given all that`s happening in the market. The part about rents vs...
  13. K

    Ok REIN members, looking for some creative ideas

    I concur. I deal with automotive retailers in my day job, and Mike is right... I`ve sat across from such business owners where cleanup on commerical properties have easily cost them and sometimes their insurance companies $500,000+...plus months upon months of time, not to mention the...
  14. K

    Garage Rentals - terms conditions - need advice...

    thanks for the reply. Going to the lawyers today, will ask her about it. Kimberly
  15. K

    Garage Rentals - terms conditions - need advice...

    John: I too have extra parking spaces behind my triplex near downtown London. I came across a Kijiji request from someone taking a course for a 6 week period and after responding to his ad, he`s interested in renting a spot. I had thought of this idea to expand the income from the property...
  16. K

    no laundry = no tenant?

    Ryan: I have read about a unit that is a washer and dryer in one appliance - that might work. Can`t remember the manufacturer - most likely Europeon, but something to consider. There are also washing machines that are `portable` and hook up to the sink when needed. if you put a wooden block...
  17. K

    Toronto Meetup

    QUOTE (mikecunning @ Nov 20 2007, 10:23 PM) Send me a personal note please...my cousin lives in London and has taken quickstart, he may be interested in talking to you. Mike: Noticed you wrote about a relative in London who took quickstart. I`ve been a REIN member for just over a year, I...
  18. K

    Re-establishing Credit

    Given today`s computer technology and phone communications, you don`t have to use the companies in your city. Many REIN members use the services of the Peter Kinch Mortgage team from either their Toronto or BC offices. At one of the REIN meetings, the Kinch team suggested to use any great...
  19. K

    The Sophisticated Tribunal Binder

    wwds: not familiar with this binder? Can you provide any further info? Kimberly
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