Just to remove and replace the ducting in my unfinished basement was 1,500. I agree with the other posters. I can't see this being financial feesible unless you paid well under market and plan on gutting the place.

Happy New Year Real Estate Investors! The below is a copy-paste from my blog so I've removed several links to respect the rules of this forum. Enjoy!! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 2010 was a monster year for Hamilton and we are still many years away...

Hello LondonHomes, Zebediah, Welcome to myreinspace! If you haven't already, I would highly recommend picking up Real Estate Investing in Canada by Don R Campbell. http://www.amazon.ca/Real-Estate-Investing-Canada-Creating/dp/0470158891/ref=sr_1_2?ie=UTF8&qid=1293639616&sr=8-2 It is a...

Hi Boaz, I'm with Russell for the most part but we use laminate in all our bedrooms as my tenant profile includes pet lovers so we avoid carpet for allergy, cleanliness, and durability reasons. Many landlords do not allow pets so this is just one strategy we use to differentiate our product...

Thanks Russell! Great post/reply , 5 stars!

Hi Steve, copy-pasted below is my write up on HST in Ontario. I have another post on how to calculate HST as well. Enjoy! Here`s what I`ve found: I already wrote about how to calculate the rebates here Next question is who collects the rebate? The investor! According to CRA`s rules, if...

Hi Russell, thank you for sharing the 120 Creative Ways To Find Real Estate! Quick question, in the report you refer to having a realtor take you to see FSBO`s and paying them if you buy... `Take your realtor with you to FSBO`s and pay them a cash amount if you buy. Realtors spot FSBO...

Hello Chen Kumar, I agree with Adam, you'll need to post all the numbers for us to gage the financials and your assumptions. Have you been inside the building yet? Have any of the units been renovated? How do the rents compare to market value? Ask the listing agent why its the building is...

Hello Investors investing in Hamilton or considering investing in Hamilton. I was helping Canadian Real Estate Magazine research Hamilton, Ontario for this January`s article about investing in Hamilton and they also asked that I contrbute what I believe are the top five tips for the Hamilton...

Hello Real Estate Investors, the below post was copied from my blog about Hamilton Investors Diane and Tania ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Today`s post is inspired by my clients Diane (REIN member) and Tania who recently purchased a Mr Hamilton`s Best Buy, signed a tenant, collected first...

QUOTE (rente @ Dec 1 2010, 07:51 AM) ...Is it rental to own and how much is that? Hi there, The townhouse is straight rent. Andy hasn`t stopped buying either as he has since purchased a detached house on the mountain and renovating it now for rent to own. It`s going to be awesome! Cheers, Erwin

balanced market for 2011

QUOTE (ckc @ Dec 10 2010, 06:26 PM) Hi, I am a new landlord, currently living in Vancouver. I have been renting out my 3-bdrm house in Calgary to two adults. These friends are moving out imminently, and I`d like to rent to 3 interested adults. I`ve been advised by our insurance broker that...

QUOTE (Donal_Ward_McCarthy @ Dec 10 2010, 06:05 PM) Hello REIN Folk, Just wanted to share my recent blog. I tend to rely heavily on the "What`s behind the curtain material". Your thoughts and feedback, either here or on the blog are more than welcomed Hope everyone is well! Donal. Hi...

QUOTE (Doc898 @ Dec 8 2010, 02:26 AM) Hello, and thanks for all the great reply`s. I`m going to start looking for another broker to start, but I see many of you have corporations, and I`d like to know if I should have one when I`m this early into my "business"? I`ve owned a business before and...

QUOTE (JoeRagona @ Dec 7 2010, 11:52 PM) Congrats Donna on a well done presentation - I received a lot of compliments!! Great presentation Donna! I was really impressed with your solution for investors. I had no idea home staging could have such a high ROI for rentals. Now that is thinking...

Hello everyone, Just in case anyone was planning on attending the next Hamilton Investors` meeting, the next meeting will be in the new year on Sunday Jan 9th, 7pm at the Williams Coffee Pub - 2050 Appleby Line Burlington, ON. Have a safe holidays everyone and I`ll see you next year!! Best...

QUOTE (Berubeland @ Dec 6 2010, 08:53 AM) The house I live in had a ravine in the back and the mice were taking over, I tried everything on the market but they just kept multiplying. Finally I got the exterminator in and I have no mice for years. Sorry I`m late but we too use Anteater and are...