File the N4 and start the process. You may still see the money. I was surprised this Friday when I got 2 months or rent from a tenant after having her served with a date to appear before the tribunal. She wants to stay until Christmas after which time I will probably be in a battle again. What...

John, Unlocking the equity in your farm assets requires products and services not always available to the traditional mortgage broker. We are a boutique Hamilton broker with a variety of products for this application. Please feel free to contact me anytime at 905 332-9377 to discuss.

Steve, Are you looking for 95% private financing or are you considering getting a 65%-70% LTV mortgage at the bank and topping up that amount with private funds. The later option is the more traditional one. Getting financed entirely through private funding is possible but you will need a...

QUOTE (thejules @ Aug 29 2009, 05:38 PM) This is fantastic news! And hopefully the shape of things to come... Yes we need Toyota to get going. Toyota is calling a lot of their expat executives home which is causing me to scramble. These are my best tenants. We need to see the Rav4 and Woodstock...

I use Eric Ruffo 519 277-8470. He is a university student and does grass cutting during the summer. He is reliable and offers a good price. Good for a single family home but if it is a large multi plex it may be a little too big for him.

Thank you for your kind words Godfried & Greatful. Godfried Being an Angel Investor that puts you up at the top of the Sophisticated Investor list. This is not any easy game. Best of luck with those endeavours. When I was in Japan I lived through two worlds. The first was the boom times with...

Godfried, Good to have you back on the board. Back 15 years ago when I got married in Japan, my wife took her money out of the Japanese Post Office and sent it to Canada and invested it in safe bonds and the types of things David Trahair suggested. I tried to convince her the stock market was...

Ed, I have been following this thread for a while without saying anything but have been asking my Hamilton experts what can be done. If all the conventional approaches have been exhausted, consider renting to bikers for 6 months to a year. They will take care of this jerk. The jerk; is he an...

Rasna, If a tenant wants to break the lease in our great province of Ontario the can and you need to do your best efforts to mitigate your damages, meaning finding a new tenant. They tenant will be held responsible for you finding a new tenant. Legally you can charge them for the lost rent and...

This project is in Ontario were we have the standard offer contract (SOC) for renewable energy. The government will be under contract to buy back the energy at a fixed and substantially higher then market price so it should be sustainable if they did their calculations properly. It looks like an...

For practical purposes when you buy a house or commercial property you own the land. However from a strictly legal point of view the Crown owns all the land. I will quote from my text "Mortgage Brokering in Ontario". You probably can not find this in the library however: "The current owner of...

Give Karen Filice a call. She knows all the areas of Hamilton and the different types of investment properties as she has been an investor and Realtor in Hamilton for 20 years. You may know what you are looking for but if you are not from Hamilton, you will need an expert on what pockets are bad...

I have clients flipping houses in Hamilton and making good profits. Some have money in the bank but NOA`s of $5000/year so they can not get traditional financing and do not fit into any of the REIN sandboxes. Despite this they built up a nice portfolios and can now consolidate it to get more...

I am a little confused. It is still just a lot but will be completed in 6 months (Dec 2009). It will be almost impossible for a traditional institution to offer you a mortgage without a tenant. If the reason for a commercial unit is compelling in this location a private lender may be interested...

I use Alden Gibson. He teaches the Home inspection course at Conestoga College and he will pick up everything. Very professional and will check out everything. Alden Gibson 1-800-692-7068 (519) 648-3963 www.inspectgib.com

Ben, It was a pleasure speaking with you. Look forward to seeing you at the next mastermind group or perhaps a REIN meeting.

I am within walking distance so plan to be there on this long weekend.

I use Alden Gibson of Breslau (near Kitchener/Waterloo). He has inspected properties for me in Brantford and Hamilton. Don`t know how far into the GTA he will go. Alden teaches home inspection at Conestoga College and is excellent. He will pick up everything. Phone: 519 648-3963 Toll Free...

Andy, For simple and basic transactions I would recommend: Andy Loucks 905 560-8590 2826 King St. E 2nd Floor This is the same building we are in so if something happens we can pinch in. Either me, Joe Filice, Karen Filice on the third floor can get him what he needs. For more complicated Real...

Vic, I agree with Paul`s advice. Make the deposit out to your lawyer in trust. I even do this on deals that are going through a Realtor. Your lawyer having it saves a lot of headaches.