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  1. JimWhitelaw

    Tenant Not Mowing the Lawn

    2ndstory, we make it part of the lease agreement that it's the tenant's responsibility. In a couple cases, we've provided a cheap second hand mower to remove any excuses. Most have their own and are proud to maintain their homes. In your case, I'd remind them about their responsibility and...
  2. JimWhitelaw

    How long does it take to get a posting approved?

    Indeed. It's not very reasonable to make people (registered, paid members) wait for an approval. Would be interested to know if anyone has transacted any business based on classified advertising here? My classifieds here never received any (serious) responses.
  3. JimWhitelaw

    How important is a dishwasher?

    In my experience, dishwashers add to rentability but not to rental rate. Plus they're easily the least reliable of all appliances. I'd avoid them altogether if I could, but our strategy of offering "premium" suites demands them. I bet if you offered a choice of a portable dishwasher or an...
  4. JimWhitelaw

    How do Canadian RE Investors Compare Internationally

    Canadian investors are typically colder than investors in other countries.
  5. JimWhitelaw

    Mother Needs Mortgage Advice - ASAP

    Banks offer early renewals in an effort to retain customers. They rarely put their best rates in those offers. In this case the rates quoted seem reasonable. Compare for yourself here: http://www.redflagdeals.com/features/canadian-mortgage-gic-rrsp-savings-rate-comparison/
  6. JimWhitelaw

    Washing Machine

    You're probably already perceived as a typical fat-cat one-percenter landlord getting rich off the poor. Why reinforce that? Unless you really can get rich by not providing hot water for washing; if so, then go for it.
  7. JimWhitelaw

    Washer/Dryer repair or replace

    Regarding appliances, we've done well by buying refurbished or new "scratch & dent" units. They come with delivery & warranty and the vendor takes away the old units. Pricing is less than new. For these units, extended warranty isn't available and hasn't been an issue. Regarding doing your...
  8. JimWhitelaw

    Some humour among the European debt crisis, stimulus package etc.

    A man goes into a bar. The bartender looks at him and says "What is this, some kind of a joke?".
  9. JimWhitelaw

    What`s Your Underlying Reason For Investing?

    "WHY" do the people who seem concerned about other people's emotional reasons for investing in real estate either have some coaching to sell or JVs to invest in, or both? #lookingbehindthecurtain
  10. JimWhitelaw

    Simultaneous Close... Advise needed.

    The simplest way is not to do a simultaneous close, but to assign your purchase contract to your buyer. You'll need two documents: 1) Assignment agreement - This outlines the agreement to assign your contract to your buyer, your assignment fee, etc. Best to get this acknowledged and signed by...
  11. JimWhitelaw

    Why join REIN from Montreal?

    Hi Lothar, I'd say you can still get some good value from the "by mail" membership, depending on what you're looking for. If your objective is mostly to make new contacts then probably not. On the other hand, if you are wanting to learn and stay informed, then yes I think it could help. I...
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