For a time we were getting great 5 year open variable at prime - .7% but alas those ships have sailed. Like Gary we typically try to match up the term. If you are concerned that they might buy out early or there may be an issue you can always stick with a 1 year rate. Regards,

Hi Tony, Try Shayle Rothman. Shayle F. Rothman I Lawyer & Notary Public I ParnesRothman LLP, Real Estate Lawyers 4460 Highway 7 East, Markham, Ontario L3R 1M2 Tel: (905) 905-477-5151 Fax: (905) 477-6778 Email: [email protected] www.RealEstateLawyers.ca Regards,

I concur Chuck is a very through home inspector. As for reno's on a single family you can go from say $10k for minor stuff to $120k + for additions and major work.

now where did that like button go again. Congrats very well deserved and great article

The Hamilton Mastermind meeting is tonight Host's Message: The next Hamilton Investor meeting has been set for November 27th, I look forward to seeing you there. Date: November 27th, 2011, 7:30pm Location...

This is not a simple answer. How much are they putting down up front? How long is the term? How long do they need before they qualify for a mortgage? I try to have my clients have a minimum 7% down of the purchase price at the end of the term It also depends on the return your looking...

Congrats Brett, I am a step behind you with my 18 unit building. Although probably different circumstances. I was fortunate enought to get mine vacant. Regards,

8th on Dube 3rd on Shayle

I cannot help you with average utility costs but I would switch your dryers to gas as well as your hot water tanks. This will save you a bunch.

We find we get more rent with laminate. You can get a little higher grade laminate now instead of the cheapest quality for about $2/sq ft this is the thinner strip laminate with the groove between the pieces. We find it more durable and more attractive for the tenants. Regards,

Hamilton, ON $70k per door in a good neighbourhood. Although I will be extremely happy yo get a $70k per door evaluation after completing reno's on my latest project.

I can live with that. But they said irrespective of the cap rate CMHC set a per unit price on the building.

I was speaking with another investor last night who had mentioned that CMHC had capped his per unit value of his building irrespective of income and expenses. Has anybody else run into this issue? Regards,

Probably not looking at the CMHC funds as they obviously restrict rents. I was just wondering as I had the eco energy audit done on my principal residence and I got $10k back. I have connected with a person who has done it in Hamilton and basically has said it is the same procedure...

I am wondering if anybody has gone through any of the grant procedures on a multi family property in Hamilton, Ontario. I am purchasing a property that I will be doing extensive work on and well every dollar that they contribute is a dollar I do not. drop me an email please if you have...

Adam I don't know where you got that number from but if you would like to get a hold of me send me an email [email protected]

They are still there. My experience has been ok with them. Is it perfect no but I do not expect that. Are they too busy yes they are. Are they trying to deal with being overloaded it seems they are they have just hired a new girl to work with them. There are a couple of other good...

What David said

You can lend money non arms length. You need to jump through a fw more hoops and you need to CHMC insure the loan. The way it was described to me for this way of doing it was: Mom and Dad would give son a mortgage on his property through the RRSP. To which son would never pay and Mom...

Hi Nat, Mortgage specialist who works with investors give Kevin Boughen a call 416-509-4047 As for a realtor I work with investors as a realtor. But it depends on what you are looking for and what area you are looking in. Give me a shout and if I cannot help you I can refer you to an...