Clowns and Criminals aside, I think the two most important factors in assessing the risk are the zoning & parking and the safety of the suite. Since you`re in a SFH-only zone, you need to make sure you have adequate parking onsite and you educate your tenants on living in co-operation with...

QUOTE (RedlineBrett @ May 21 2010, 10:42 AM) My home computer with the latest firefox won`t work and I have problems like the OP describes. Working off of windows vista. I was having those problems too, but some time around a week or so ago, it started working again. Writing in FF right now! I...

I`m not an accountant, etc, etc... My understanding is that in this scenario, you would include your material and labour costs and LOC interest costs incurred up to the time it is ready for rental in your acquisition cost for the house. You can`t pay yourself for your own time.

+1 to what bizaro86 said.

Do you mean the Mayfair in Edmonton? Isn`t it being torn down right now?

I have one of these accounts - Not much to say about it, it was easy to setup and so far everything has been fine, but it`s not a particularly active account for me. With a couple previous companies I used TD and RBC business accounts, but for low transaction volumes they were very expensive.

Gone!

I agree with the others, pass on this applicant and move on. I wouldn`t spend any time on someone who won`t complete or sign the application. They aren`t serious about it, period. Next! On the subject of tenant credit checks, they are just one part of the process and not necessarily the most...

Hi, I`ve got a motivated seller lead for a 1991 mobile home in Ft. Mac. I don`t know anything about that market or about mobile homes. Contact me if you`d like this lead.

QUOTE (dleischner @ May 14 2010, 01:14 PM) Hi there, What is the proper way for me to assign a purchase contract to my investor (JV Partner). In the past, I just stipulated the "contract was assignable" and we did an amendment to the contract showing my investors name (since I`m not going to...

QUOTE (RussellWestcott @ May 13 2010, 09:45 AM) I have managed to convince a few of the action takers to participate in a `Interview with and Expert` interview ... provided we can find the time and clear our schedules. Hopefully I can get these done in the next few weeks. Thanks Russell, I`m...

Wow, those charts are ginormous! Sorry about the huge graphics, I`ll see about resizing those to something a little friendlier. A couple people have asked me about the spreadsheet I used for this analysis. It is done in Google Docs online, here is the link for you to view/copy the spreadsheet...

QUOTE (rforgiel @ May 13 2010, 05:17 AM) I have a similar issue and called the Ontario Landlord and Tenant Board helpline to see what forms to issue. They told me the tenant is allowed to rent out rooms. I told her only one name is on my lease and I have allowed only one person to inhabit my 1...

Hi Wade, thanks for starting this topic. The graph you created helps to visualize rates, but the advice to calculate area above/below the fixed line doesn`t make sense to me. Not sure what you meant by that? Anyway, this prompted me to recreate an analysis that I did a few years ago and lost...

No feedback? There was lots of chat about sharing tickets, surely someone attended the event?

Oh, sorry didn`t read your initial post carefully enough. For the scenario you describe where: - seller has clear title - seller wants cash - you don`t want to qualify for the loan - you want to put down minimal cash You`re on the right track. What you`d want to do is get the seller to get...

Basically you want to present an offer that looks like this (using $100K value as an example): Offer price: $100K 1st Deposit: $1000 2nd Deposit: $9000 Unpaid Sellers Equity: $90K Then create & attach a schedule outlining the terms for repayment of the Unpaid Seller's Equity. In your...

Those of you that attended Ron`s Seller Financing event in Calgary recently, do you have any feedback on it? What were the highlights/lowlights? Any significant new ideas? I got a marketing email from Ron`s org today that stated this: QUOTE We just taught an event in Canada last week and out...

QUOTE (dUstrrbUnii @ May 4 2010, 09:57 PM) I put out a bunch of bandit signs around calgary over the last 3 weekends and I got a message from Calgary Police on my Patlive messaging system saying that they are going to "bring charges" against me. The worst you face is some fines. If it actually...

QUOTE (bizaro86 @ May 4 2010, 09:20 AM) One way to "get around" a poor bulletin board search, which is a common problem on most internet forums, is to search the site using google. Go to www.google.ca, and type in: site:myreinspace.com and then type in your search term. For example, if you copy...