Simple fix, you can even do it hanging out the window :-) I would fix asap, as wind could make that much worse quickly, then rain/melting snow.... you get the picture. John

QUOTE (investmart @ Dec 15 2008, 11:30 AM) So even excluding the help with collections, beginning from the 13th report you start saving by using John Schutten`s company compared to checkfirstonline assuming you do not charge the potential tenant for that (which I`m not sure I like charging them...

QUOTE (investmart @ Dec 15 2008, 12:06 AM) Hi All, Which of the following 3 companies is best in terms of service quality and price for the purpose of obtaining potential tenants` credit reports: 1. www.rentcheckcorp.com 2. Tenant Verification Service Inc 3. www.checkfirstonline.com Well...

QUOTE (investmart @ Dec 7 2008, 10:05 PM) Thanks John, Interesting comments! Perhaps there are better detectives than me here so here is the complete picture John et al: - I came to her unit around 2 weeks ago to check the temperature in her apartment following her complaint it is too cold...

Neil, I would get the tenant to report it to the police, and get an indecent # from him/her for your records. We had a case of this last year, when the tenant couldn`t pay rent (stolen from break-in). Turns-out, after asking for police report indecent number, and follwoing up with the police...

Neopez, I can`t comment on the course, but I do agree most time`s it is a thank-less job. However it is great meeting many new people (some you don`t want to meet:-). Provided you have a good system and good procedures you should be fine. Also train your tenants! I like it because every day...

Neil, Do you know of any programs for gas?

QUOTE (ekisielewski @ Nov 11 2008, 08:55 AM) My tenant would like to extend his 12 month lease for another 6 months. This is ok with me. But, I am wondering what kind of paperwork is required? If I draw a new lease will agents expect a commission? Thank you for your help Elisabet Kisielewski...

Do not install in any areas that may get wet,.. It will buckle and look like garbage in no time. That being said there is more water resistant laminate available, but I wouldn`t recommend for a rental as you can`t guarantee the tenant would wipe up spills right away :-) John

QUOTE (debe057 @ Oct 11 2008, 09:44 AM) Whilst we are on this topic of Ontario Rents......here is my situation. One of my tenants in a 2 br duplex has been asking me to build a 3rd bedroom in the basement. I have no problems doing so, I have done this in the past for a vacant unit and increased...

Neil, We try and outfit all units and all lights with CFL`s for the benefit of either the tenant or owner. 1. If owner pays hydro (running costs are cheaper) 2. If tenant pay hydro (it`s cheaper, which should make it easier for them to pay their rent :-) thx John

Brian, If you can afford the initial outlay, you should check out www.Karndean.com , it will save you in the long run. John

QUOTE (housingrental @ Aug 14 2008, 09:04 PM) If 2 days latter it still smells and is damp you`ll have an unhappy tenant and some smell for a long time ...so yes, you`ll need to replace the carpet. Hard to say, how much water etc, sucking it up immediately and run a dehumidifier for a few days...

Michless, I would call them, give THEM 24 hrs notice, go to the office and grab YOUR keys. Then get a full audit on your account, and call your lawyer. Cancel your contract, (which should require authorization for spending over a set amount, among other things like providing accounting...

Brian, I would go ahead and build the lockers, make them sturdy enough that it would take some time to break into them. Give the tenants access to the area. (the last thing you want is 3 calls a month to let them into the area to get something they need from storage). Charge a minimal fee to...

QUOTE (3Girls @ Aug 7 2008, 10:19 PM) We are looking at replacing the flooring in a basement suite from carpet to laminate. Is there a specific brand others have used, and what should I watch for as this is being placed on cement. Maurice Depending on your budget, you might want to check out...

The rent increase rate for 2008 is 1.4 percent, check out www.ltb.gov.on.ca and get the propert form. You also have to give 90 days notice Hope this helps John

Neil, The problem with Brantford is that there are pockets of areas that you don`t want to invest in. One street is good, one over is not. 100+ year old buildings can be a good deal if the price and location are good, however your maintenance costs will be higher. One area to watch is...

We are based in Brantford, If you want to discuss feel free to drop me an e-mail. [email protected] There are good deals out there, and as Ramon stated there is alot of run-down rentals, so when the professional or very qualified renter are looking to rent they will pay a premium to get a...

QUOTE (RedlineBrett @ Jul 20 2008, 07:43 PM) That owner sounds like a novice landlord that isn`t too keen on management. Possibly one of the many people that have chosen to lease their property because they couldn`t sell it? No-shows are a definite pain. We ask that prospective renters either...