Hi, I'm the manager for a lawn care company called the Gardener. We do weekly lawn maintenance (lawn cutting for example), seasonal fertilizer and weed control, spring cleanups, etc.... and since I mentioned to them about real estate investors owning multiple properties, they've given me...

Hi, I'm currently debating ideas with my parents for downsizing them. They are retired and living in a big 2-storey show home. We are thinking of buying a nice walk-out house and suiting the basement so they can have the basement and be close to us and our upcoming family. Since re-zoning a...

Hi, I'm looking into a parcel of land zoned for 4. I'm thinking of building 4 side-by-sides. Have never done this before and wondering wha the steps are? Approximate cost? Could it be done for $600K or less? Do I contact a builder like "Jayman" or is there different builders that specialize in...

Haha Sorry for the bad english. I was typing from the phone. I doubt I will be selling the place. I was mainly looking to get my parent off the mortgage and add my wife (or no one) instead. Even just having it in my own name would be fine. Just wanted to free them from it. Not a huge deal I...

My goal is to get my parents off the mortgage and have it in my wifes and I name - just to clear my parents from the responsibility should anything ever happen. I suppose its not a huge deal but would be nice. However, I confused scotia's offer. Here it is. 2 year fixed 2.36 : I can renew /...

I ended up deciding to go with the 2-year closed HOWEVER, Scotia just told me that this is a fixed rate at 2.36%... Not variable. Almost as good as variable but it is actually fixed as they don't do 2-year variables.... I can't decide. My objective is to get my parents off the title at some...

Both their rates are similar. 2.15 - 2.25% ...... But I've never gone with a non-big5 so I'm wondering if theres much difference. If I switch, the only reason is to swap my parents of the mortgage for my wife, other wise I'll just sign a 2-year and do the re-qualify in a year and a half. The...

A friend/mortgage broker just told me one of his institutions he deals with (First National I believe) would consider our commission salary as well.... so I may go with a 6-month open until I find out (painful at 4.5 % but wouldn't be for long) However, Is their any benefit or negative to...

Thanks Thomas. I have been trying to re-mortgage the property under my wife and I's name but since 70% of our income is commission, I can't do it at this time. I'll renew and go with the 2-year and try again at that time. The 5-year closed variable is slightly better with Scotia. 5-year closed...

Hey Hey! I've been loving variable for the past five years and am up for renewal. I'm definitely gonna take variable again at prime - .65 But was wondering what the general thoughts are on rates? Anyone think they'll go up any time soon? Still another five years? Anyone actually locking...

Thanks for the reply! This is an investment mortgage, although it was set up as a homeowner one as I lived there for the first year. I guess I will get him to run the application anyway and see what banks can offer a lower rate... but if it's too much trouble, an extra $20 is nothing to stay...

Hey everyone! I'm currently with Scotia for a mortgage, which is up for renewal. They offering me 2.3% variable with the possibility of 2.25%. However, a mortgage broker friend of mine says he can get 2.05% at another institution. I don't know which one but probably not a big 5. Is it...

Gooooood Morning! As someone who has learned a lot through REIN, I thought this would be a great place to post this. I am in charge of contacting Real Estate Brokerages/ Mortgage Brokers etc in regards to booking stand-up comics at their upcoming Christmas parties as well as potential...

I bought a condo about 7 years ago. Anyways, the mortgage renewal date is June , 2015. I'm currently at Prime -.5 I'm gonna be likely leaving the country next year and traveling for 2 years or so. Likely, I won't be back for the renewal date...and won't have a formal job (thought I...

Yes - a developed basement may be a good thing but NOT if it's paid for with an LOC that you're never going to pay off. That's border-line retarded. I agree with the $1000 per month thing but considering they haven't done that for the last 7 years, it's doubtful they are going to start. They...

Hey everyone, I have some family members who are not the best at managing money. They already owned their house outright but took a LOC and spent $100K on more or less useless things like stocks that went bad, basement renovation, etc. So now they have a $100K debt on LOC at 3% interest...

Hey everyone, Does anyone know anyone who would mentor OR know of books/resources to learn from to start investing in states like Arizona and possibly Florida?

Thanks Thomas! I checked the application It's also good for 1 Million in liability..... I take it thats fine? I heard of other suites in the past having the water heater bust... so I was mainly nervous of having to replace flooring, etc if it ever happened

Is $15,000 enough insurance coverage for the contents of a condo rental? Basically to cover water damage (if heaters break), appliances, flooring, etc Thanks!

Thanks everyone. I emailed Julia. Had a quote for $15K worth of coverage at an annual fee of $130. Is this fine you think?