Great. Thanks a lot.

I am seeking a good agent or property manager to find tenants for my rental property in Barrie. I want to find someone who is responsible and would response to my call or email.

I always thought that the extra cash from cash flow is for the downpayment of the next property. I guess it is a trade off here. More appreciation or more cash flow. It surely put the landlord under pressure when the cash flow is low, especially when the rent is of a high ratio of your working...

I called enbridge. It is interesting to know that that do not need to run a new line from the street to the property to add an additional meter like many people said. They will just install another meter beside the current meter. And it is free of charge.

Wow. I was searching for submetering and my post from 2 years back came up! I guess not too many people interested in doing this? Anyway, I am thining of getting a duplex currently with only one set of meters. It is a legal duplex so it shouldnt be a problem. If I cannot have the tenant...

The L9 sounds amazing! However, you will need to think twice if you are renting including utilities. They may ended up opening the window and jack up the heat at the same time. If you having a duplex with only one meter. What are your best opitions to pave you a path of using the L9 in the...

Also note that most contractors have no projects during winter time. You can get a lower qoute for projects in winter.

On the contrary of what you plan, Canadian investors should file tax return with IRS. Without US filing, Canadians are subjected to 20% withholding tax regardless of your margin! Also, when you invest in US, consider more than just returns. Think about liabilities. Definitely go for LLC, not...

Hum, but isn't 10% down considered risky? Considering the skyrocking house price. 30% can help me sleep at night.

To be honest with you, I do not think rent control will benefit anyone at all. For investors, rent control put them at greater risk and vulnerable to the market. For renters, landlord will have to kick their butt out in order to get a decent rent increase. It will be less stable for them even...

Yes. I am going to appeal to MPAC. Hopefully, I can get it back to positive cash flow.But I heard that MPAC is not too nice.

I am targeting families as tenant. They usually stay 4-5 years, which is good because they tend to be more responsible and have stable income for rent. I would also like to keep them because I do not worry about finding tenants all the time. However, if I can only increase the rent for 0.79% a...

It is not just the rent control, but also everything else that is against landlord in ON. For example, basement apartment, difficult to evict, all the protection of the tenants against landlord. It really sucks to be a landlord in ON. This almost feels like how the union stop the society from...

I am in need of a commercial property tax appeal expert to help me fight MPAC. Anyone have any good contacts?

I called the toronto apartment association. They want to charge me $325 to become a member before they would like to give me a contact! :(

It was a steal for me because they are having much worse negative cash flow. I would say I have a slightly negative cash flow. This is a unit inside a relatively new mall. Thanks for the suggestion.

Interesting story. The seller must be really really lazy. How difficult is it to look at all the prices from the offers? And they pick the 2 offers randomly. What a joke.

So the landlord can increase the rent by 2.5 % regardless? How about the condo that built after 1994? Is it covered by the guideline?

I just purchased a commercial property and am having negative cash flow even without mortgage. I will have to have the property tax lowered with the income method. I came across The Canadian Justice Review Board from the internet. http://www.canadianjusticereviewboard.ca/home.htm Did anyone...

It is actually just one unit inside a mall. It worth around $150k. I am planning to pay 75k and borrow 75k.