Ok. Let's turn the question around. When shouldn't you sell? Nik

I have found that landscaping can solve about 80% of those issues. Nik

You could do it if you feel that the RRSP's are performing poorly, but like you mentioned, you will be taxed. Do you have equity in your 2 properties? If so, I would get a loan secured by one of them. Then you can claim the interest on that loan and get a tax deduction rather than have to pay...

Spray foam is best hands down for that. No VB needed at all with spray foam, except for behind electrical panel I believe. Spray foam is cost prohibitive though. You'd have to price it out. Where is your moisture coming from? Nik

You need vapor barrier on outside walls, you would not need it on an interior wall like that. How different could the temp be between the two rooms? Maybe 10 C at the very most? You aren't going to get that difference transfering through the wall either. VB is cheap, so do it if you want to...

Just curious about how investors decide whether it is time to sell a property. What are the factors that determine sell rather than hold? I have a tenant who needs to move. I could liquidate the property or I could find another tenant. I didn't have plans to sell, but it could be an...

A personal Belize is a carrot. It is an extrinsic motivation. I have been an educator for 12 years, and students can be extrinsically motivated for a while with stars, candy, and even marks, but it doesn't work over the long run. The motivation must become intrinsic. You have to have...

Way to go Jim! Glad to see your continued success in the market. Great example of not over diversifying and investing for value and for the long term. Congrats! Nik

Not sure what other books you've ordered, but there are a few good ones. Make sure to concentrate on ones that apply to Canada. Read Peter Kinch's Action Plan to figure out some of the next practical steps. Remember that you are starting a business, and it's going to take some serious...

You can get it from a HELOC. It has to be secured funds. Cannot use a regular line of credit. If you've sold another property and the timing is such that the funds from that sale will be available by possession date, you can do that too. Nik

Not in my experience. 20% down. Nik

Looking good, Jason! Sounds like you are doing in Calgary what I am working on here in Winnipeg. What are your long term goals? Are you doing this full-time now? Nik

There are probably a number of scenarios that could work. If you want it really split, you need separate meters for the utilities for each level. The electric can be split quite easily by an electrician. He just needs to work together with the utilitiy company to get the permit for the extra...