$800/mo in property tax?!

the increase guideline for 2011 is 0.7%

QUOTE (AndrewMacDonald @ Dec 15 2010, 09:51 AM) Hi Rasna, I posted a copy of what I wrote to my MPPs on my blog: Ontario Bill 112 ` Making Matters Worse for Landlords Feel free to use this as a template as a guide to writing your own letter(s). make sure to send a copy of your...

Hi Brain, YES, I have 2 questions for him: I watch "income property" quite regularly and I`m always a bit surprised that he never seems to have problems with legality of suites. Okay, I`m not that surprised with the basement apts or secondarly suited homes, but I`ve seen 2 episodes where...

QUOTE (electricianhoward @ Oct 18 2010, 09:34 AM) I called TD again. NO lucky. My bank is located in downtown TORONTO. howard, I went in in person and talked to them. I think it may be easier to get a "yes" in person unless you have a relationship with your branch manager. I also should have...

QUOTE (EdRenkema @ Oct 17 2010, 09:40 PM) Hey Terri will you talk to TD for me? Sure Ed, next time I`m in Beamsville, I will make sure to stop by the TD Bank.

QUOTE (Berubeland @ Oct 20 2010, 06:11 AM) This is a problem in Toronto also, there's a divide between what's theoretically possible and real life. I even have problems with my own garbage. In my case it's the recycling that builds up. It happens on a regular basis that I have more recycling...

QUOTE (electricianhoward @ Oct 15 2010, 07:34 PM) thank you very much. I will call TD again. I had to bug them a bunch of times before it happened. My realtor's TD loc never went to prime +1, it always stayed at prime, so i've been bugging my bank for a while and been getting the "well...

QUOTE (electricianhoward @ Oct 15 2010, 04:07 PM) I called TD bank. no luck, HELOC is still 4%. Anyone got better rate from TD? yes, my heloc with Td is back to prime--3%.

hi Nicola, I don`t know anything about the cost of installation in Red Deer, but one thing I do want to add is to make sure that both the window manufacture and installer know that it is meant to be a means of egress and that the interior opening dimensions must comply with the fire safety...

QUOTE (ramonac @ Sep 28 2010, 06:51 PM) Thanks so much Michael, I should clarify, and repick your brain... the basement is around 900 sq ft. We would keep around 300 sq ft for us, and the rest for a tenant. As it is, the ceiling height is great for our purposes, and to code (between 6`8" -...

I like Thomas`s suggestion of lease to offer to purchase. If they are losing the house because of debt caused by a death in the family and they like the house and neighbourhood enough to want to continue living there, then I think it`s good Karma to give them the opportunity to buy it back in...

QUOTE (Nicola @ Sep 1 2010, 01:10 AM) Ontario is allowing a whopping 0.7% rent increase in 2011. Just wondering if people are planning to raise their rents or just leave it. I wonder if raising rent by such a small amount (less than $10 on $1400) just annoys the tenants for no great benefit...

QUOTE (wgraham @ Aug 23 2010, 01:36 PM) I did my very first eviction the other day. 5 years of land lording with roughly 30 doors to manage and I finally had to tell someone that they could no longer live in my house. Now that being said these were actually squatters. I had rented the home to a...

QUOTE (Sherilynn @ Aug 22 2010, 11:20 PM) I agree that I would institute a discount program rather than rewrite the lease agreement. For one, it makes a difference when qualifying for your next mortgage (although banks seem to prefer fixed-term leases anyway). I`ve had banks request...

QUOTE (jackie @ Aug 22 2010, 11:13 AM) We listed a house for sale (single family residential) which was recently vacated by less-than-stellar tenants. The house needs some work (deep cleaning, painting and cosmetic repairs). There`s a family interested in taking the house as a rent-to-own and...

QUOTE (REINteam @ Aug 18 2010, 09:43 AM) Regarding the OP situation and the electric hot water tank - My current primary residence has no gas services, the gas company never ran the lines up the mountain so everything in my house is electric, including the hot water heater. So, family of 4...

QUOTE (Millions @ Aug 14 2010, 11:06 PM) I laugh at this but thought it would be good to get Rein educated opinions. Some Real Estate sites are claiming that the Canadian market (especially the big cities) will drop at least 30% over the next year - 3 years. Others say would NOT happen...

QUOTE (housingrental @ Aug 15 2010, 08:06 AM) The only other thought I have beyond my above list would be is it possible that a neighboring property is using your electricity? I don`t think so, it`s a completely detached property and I can see the conduit coming into the basement and follow the...

QUOTE (housingrental @ Aug 14 2010, 11:42 AM) Hi Teri A few thoughts: Tenants might have disabled the coin slots and machines are receiving excessive use There might be something wrong with the meter and it needs to be checked There might be plugs on your meter that tenants are hooking up items...