Thanks, Thomas, for your reply! Land value is as a % of the sale price is interesting to consider. In this case, it's an unusually large lot for a residential street so it can be tied to higher and better use potential if an owner wanted to build an addition. Any opinions on how much weight to...

Hi all, I'm looking for some advice on pricing strategy. We've decided to sell our duplex in Orillia. It needs some lipstick & rouge (minor repairs and cosmetic work), especially in one unit, but we prefer to sell "as is" and leave the work for a new buyer. We figure this gives them the chance...

Thank you, everyone, for your input! Much appreciated! Jackie

We listed a house for sale (single family residential) which was recently vacated by less-than-stellar tenants. The house needs some work (deep cleaning, painting and cosmetic repairs). There`s a family interested in taking the house as a rent-to-own and they are willing to do the work...

QUOTE (cailmoney @ Sep 18 2009, 02:04 AM) I`m interested in purchasing income properties in Orillia.. anyone selling in this area? Send me a pm, thanks I tried to PM you but got a message your account won`t accept PM`s. Can you post an email address? Or email me at rental @ jcldesign . ca

QUOTE (mrembecki @ Mar 17 2009, 08:46 PM) Hello, I was wondering if anyone had any thoughts about the possibility of investing in Bracebridge, Ontario. This is the area where the famous Muskoka Lakes reside. What are your opinions about investing in the city of areas that have high tourist...

QUOTE (ciel.mcguire @ Feb 6 2009, 08:12 PM) I am wondering which Sandbox a B&B purchase would squeeze into? The asking price is 2.7 Million for 12 Suites with 12 Bathrooms The returns fit the 10% solution I have 50% to put down Any Mortgage Brokers that have had experience presenting such...

QUOTE (barb @ Jan 21 2009, 09:44 AM) Tenant put a load of laundry in washing machine and left building. When she arrived home several hours later, the washer had continued filling with water flooding the basement. The laminate flooring will have to be replaced due to water damage. My question...

Thanks, everyone, for the replies. I see the long term fix is to excavate and solve the problem from the outside. Anyone care to give me a ballpark of what that kind of job costs? Are we talking a couple grand or $10k+? Also, I might try the interior epoxy just to get through the spring thaw...

We have an old house with cement walls in the basement. During heavy rains or spring thaw, water seeps in through the wall on one side of the basement. There are companies and products that say they can stop the leaks from inside the house. Do these work? Are they temporary bandaids only? Are...

QUOTE (klewlis @ Jan 15 2009, 01:48 PM) She has checked with the landlord tenant board but is still unclear as to what the penalties would be if she gives notice early. As annoying as our regulations are here in Ontario, they are most definitely thorough. I doubt there is any landlord-tenant...

QUOTE (klewlis @ Jan 15 2009, 01:07 PM) sorry for the confusion--my friend is the tenant, not the landlord. If your friend`s lease is a one-year lease which has not expired yet, there`s not much she can do to cancel it without still being responsible for the rent for the remainder of the lease...

QUOTE (klewlis @ Jan 15 2009, 12:21 PM) A friend of mine rents a basement suite in Ontario. Her lease is a home-made word document and does not specify any conditions for breaking the lease. She wants to break it but is worried about her obligations, even though no conditions are written into...

QUOTE (Nicola @ Dec 3 2008, 09:19 AM) In case you`re wondering (as I was) you can also use this with a boiler. I emailed - here is my question and the reply:On 12/01/2008 you asked the following question at prothermostats.com "Would this also work with a boiler?" ReedB. from...

Thank you, everyone, for sharing your views. I love that this forum provides a venue for exchanging and airing a broad range of opinions from Canadians all across our country. I agree with many who think ALL the party leaders are making an utter mess of things at a time when they should be...

QUOTE (OlegP @ Sep 16 2008, 04:35 PM) Hi All! I am working on a deal in one of the Ontario Top 10 towns. This property needs a lot of work, but it is all cosmetic. Would it be legal to ask for vacant possession for the purpose of completing the necessary work? Of course, after completing the...

QUOTE (investmart @ Jun 22 2008, 08:30 PM) Thank You Jules, Assuming the property is OLD but in a REALLY good shape relative to others in the area - laminate Flooring, Sliding Glass door to patio/balcony etc., Can I probably get the amounts you mentioned above PLUS Hydro meaning $850+hydro for...

QUOTE (JordanCartwright @ Jun 19 2008, 03:36 PM) So, from what I`ve read on my first skim through, this is the law as it applies to me if I rent out rooms in my primary residence.. I am under the impression that the landlord-tenant act doesn`t apply in this case.. Am I correct in this line of...

I recommend Robert Cross. He`s also based in Oakville, but he`s handled numerous RE transactions and mortgage renewals for us when we were in TO, and we still use him now that we`re up here in the sticks (aka Belize ). I know at least one other RE investor who uses him regularly as well. He`s...

QUOTE (VaughnandTwila @ Apr 25 2008, 10:44 AM) Hi all, so last evening we showed our main floor place to some people from Venezuela. He has just been hired by Amex and is an engineer, they seem like a very nice couple. Our questions are what to do when they have no credit history in Canada...