Can you recommend professionals from Hamilton area? Much appreciated.

Noted. Thanks a lot, Mark.

Thanks for all your referrals. It really means a lot.

Based on our experience, most of them are good natured, well mannered individuals and have good financial backing from family back home. For us, copies of passport, international student visa and letter of acceptance from school they will attend or attending are enough, plus of course, FMR, LMR...

Many thanks, Andrei.

Just for curiosity: why mortgage interest is not being considered when calculating Cap Rate (seen in REIN templates) and not included in accounting net income for many JV presentation we have seen. Are mortgage interest payments considered/reportedly only when filing income tax return? Your...

Many thanks for the referrals. I'll contact them soon. Much appreciated.

Hello everyone, We are in need of experienced accountant in real estate accounting and lawyer doing joint venture agreement in Toronto and Hamilton areas. Your referrals will be very much appreciated. Thanks.

Very impressive achievements and inspirational post. Congrats and thanks for sharing.

Hi everyone, We have two international students who are staying in our unit on a temporary basis and looking for accommodation in the Humber College area. If anybody knows someone who has room vacancy, please respond to this posting. Thank you. REInvesotrs88

Thanks Shannon. We agree to all you mentioned. It is a great learning experience for all of us. Thanks again.

For sure so others will learn from this experience. Thanks again. REInvestors88

Thomas, Jon and Todor, Thank you very much for unselfishly sharing your expertise and experience on this topic. We will weigh our decision based on the expert opinion and advice we got from you guys. You really did a great favor to us. Thanks again. REInvestors88

Thank you Thomas for taking the time to share your expert advice. Sorry...just follow up questions...do we need to go to LTB or just tell the tenants that they can not simply walk away and terminate the contract. Is there a form (?) from LTB to fill up and notify them about tenants leaving...

Here is what I would do: 1 Count this one as an experience that made me a better investor. 2 Start advertising your unit immediately. 3 Fix up the property to my standards. 4 Wait for the right tenant to come along the next time. Sitting empty for a month or two in Ontario is cheaper than...

We are considering to let them go. But, our problem is it would be difficult to find new tenants as most students at this school time have already their own place to stay till next year. We may end up vacant for few more months perhaps 1 year (?). The student rental property is in Ontario...

Hello everyone, We are new in the rental business and wondering if anyone had experienced tenants pre-terminating the 1yr. lease agreement with a day notice. Reasons: doors are not closing properly (which according to them are not safe; we fixed them and change the main & side doors lock)...

Working on relationship is good...but...protecting your ownership is better...so putting a caveat or notice on the title can let you sleep well. My 2cents.