Just got off the phone with a city inspector who is asking for access to one of the properties we manage. He confirmed that the city is looking at creating a bylaw that will license all rental properties. At the moment they are putting together a database of all rental properties and marking...

Looking for one person to buddy up for the REIN Mastery Ontario? Please contact me.

Many new and veteran investors have this fear that sometimes keeps them up at night or prevents them from making a decision. What if they trash the place? We, Mike and I, have seen enough in our business to speak to this fear. Just last month we had to `clean up` one of those messy...

Do you have an experienced, but not over-priced renovator who works in the Brampton, Ontario area? Thanks,

How do you determine what the rent should be and be comfortable with your decision? I think most investors will not have the same answer to this question. I am again faced with this dilemma and will try to go over all of the numbers and assumptions in describing this case. Condo...

Happy Canada Day everyone! Gorgeous day in Toronto. Time to relax and just enjoy the day.

Hi, I am getting an appraisal on my personal residence and am trying to get it appraised at maximum value. How does appraisals work other that looking at comparable sales in the neighborhood? What are the main factors that play a role in appraising a house? Is it renovated kitchen...

What are your biggest property management frustrations and problems when dealing with a property management company? What would you love to see a property management company do differently? My biggest frustration is the multiple calls that I have to make resolve an issue. i.e. manage the...

I wasn`t planning to write anything this week and then last night my good friend Neil Uttamsingh posts this on Facebook: "I've missed more than 9,000 shots in my career. On 26 occasions I have been entrusted to take the game winning shot...and missed. I have failed over and over and over again...

I just finished replacing the carpet in one of my units with laminate flooring and it looks fantastic. Best part is it only took me about 2 hours to do it. And that includes travel time. So here is how I managed to pull it off. Last week I decided that the handyman that I was using just...

Why Real Estate is so POWERFUL ` Attempt at explaining it If I were a mathematician, I could probably explain the following story with something like this: But I am NOT a mathematician! One thing I know is that Time+Real Estate = Better Future I AM better with pictures, so...

This is a great tip I got from my buddy Ed Renkema, Ontario REIN memeber and computer wiz in denial :). If you want to have the option to change fonts and colors in your Kijiji ads. Use FireFox browser. I've been using Chrome and was wondering how other people do it, short from using HTML...

I am thinking about creating a support group for Ontario REIN members that recently took Ron Legrand`s training in Edmonton. If you are actively trying to make it work in Ontario and are interested in meeting and exchanging experiences email me your contact info and ideas. We have members from...

Apparently my lawyers said to another REIN member today that the Ron Legrand "stuff" will not work in Ontario. AFS and taking ove payments will be considered "assuming" mortgage which is not possible in Ontario. I need to talk to another lawyer if possible in the Mississauga area.

Jack I have absolutely no use for your posts! They provide me with nothing. Fear, fear, fear - I get it. It`s all around us. By now everyone knows that jobs will be lost (maybe mine), fortunes will be wiped out, money in real estate will disappear, tough, tough times will be had by many. I...

Hi all, I just set up a Network Storage Solution at home and thought I should share my experience with you.Background:All of your family and other digital pictures, documents and other data is sitting on a single Hard Drive in your computer. This Hard Drive may crash and stop working at any...

Well, I had one hour to "kill" yesterday before meeting with a REIN friend and on my way to the Ontario monthly meeting. So I decided to have a look at my notes from the last 12 months. I can`t tell you how much great information is there. I made a summary of all the notes for easy reference and...

I was surprised to find out how many stores operate in and around my area. Check them out. They make a difference on more than one level. http://habitat.ca/findarestorep1380.php Thanks, Todor

Yesterday I closed on my 3rd property since joining REIN in November of 2007. My plan for the first year was accomplished in 91/2 months and I am already planning and looking for the next 5 properties in year two.But not before I celebrate this major chapter in this journey and thank the people...

Hi all, I just purchased a townhouse from in Hamilton and the seller is relocating to Ajax / Markham area and wants to rent from mid August or Sept. 1st. She is looking to pay about $1400/month and would like to rent a townhouse or single. If you have something available message me and I will...