QUOTE (GORDandJULIE @ Apr 29 2010, 10:29 AM) Can anyone please recommend someone that does brick re-pointing in Hamilton? Thanks, Gord did you ever find anyone, we are also looking for a brick repair company thanks Asif

can you define north central hamilton, are you talking about the area between victoria and sherman? perhaps north of main? if this is so, then I agree its very hard to find good tennants to even look at your property in that area. I have a single family home on mary st that looks amazing...

Steve, I have seen this many times, its very simple, the studs are cold conduits relative to the insulation or air in the walls. This creates a situiation on the walls where you have colder slower air in front of where the studs are. Any soot or dust in the room tends to stick to that portion...

QUOTE (princecharles @ Jan 7 2010, 10:38 PM) Thanks guys! How do I find out if the tenant has any other debts? Also how do I assess the co-signer`s suitability? What should I ask for? Investsmart - sorry no, when i said "In terms of the competition, it doesn`t get much better." I meant that...

QUOTE (investmart @ Jan 4 2010, 06:57 PM) Hi, A question on insurance and an interesting finding: 1. I noticed insurance premium is most affected by the property value. The problem is insurance companies decide what that "value" is! I have properties where the insurance appraised "restructuring...

QUOTE (Dan_Eisenhauer @ Jan 7 2010, 12:46 PM) You can ask for the SIN. But, an applicant is not obligated to give it to you. HOWEVER, if you ask for it from everyone, you are allowed to reject an application that is incomplete. It is your money that is riding on that application. Do what needs...

QUOTE (investmart @ Jan 3 2010, 09:28 PM) just refreshing to see if anyone has the info before I contact the city of Hamilton. A bit surprising as I thought many here invest in Hamilton(?) Cheers. we just purchased a multifamily building for 560K, the property takes are 16500 per year, not sure...

QUOTE (wgraham @ Nov 24 2009, 12:55 PM) The Potatoes. A well purchased and managed property should yield monthly cash flow. Personally, I don`t invest in a property unless that property will provide a minimum of $500 each month of positive cash flow on average. This is what fills your bank...

QUOTE (holymoly @ Oct 20 2009, 11:14 AM) I have another SFH in this neighbourhood and have only had great tenants, but that`s a `normal` house, easier to rent I`m sure. just wondering what rent your getting for your "normal" houses, are they 3 bedroom type houses? we are getting 1250 + all...

I invested with Gibraltar Mortgage Crop last year and have not ever seen a penny! they stopped paying intrest and i cannot even sell my shares!!! anyone else invest with Gibraltar? Asif Ghayoor

QUOTE (ontariolandlord @ Sep 7 2009, 09:35 PM) Excellent post. How can we help all tenants? For a start: (1) Allow me to charge a damage and pet deposit so I have at least a little protection from damage. (2) Quicker evictions and no 'month by month' nonsense. (3) If someone is on...

we are looking at an 8 unit mutlifamily unit,the building cash flows very well and has a cap rate at 8.5%. I have carried $400 per month for an onsite super. Is this enough for an onsite super? I live in a different city and really want to have an onsite person to deal with minor issues and...

I took out $40000 from my HELOC and deposited it in my corporations bank account, the corporation then bought our first property with it, can I write off the intrest in my HELOC against my personal income? Thanks Asif Ghayoor

I used professional property management from dec 08 till march 09 and they did nothing, they posted one ad on kijji and got no renters. They take a day or two to return calls, and I never once got a warm and fuzzy feeling that i was being looked after. I switched to isteria property management...

I think BS is balance sheet and IS is income statement. Asif QUOTE (housingrental @ Feb 9 2009, 11:19 PM) Thanks Scott I run an unsuccessful property management company Most likely the major failure has revolved around I have no experience or training in property management, running a...

i am paying 7% in hamilton, and one months rent to find tennants. This my first venture so I have no real experince yet. QUOTE (FrankGordon-Cooper @ Dec 1 2008, 07:04 PM) Hi Can anyone provide me with what good property management is worth? I have a property manager in Edmonton...

I am making my first purchase on a triplex in hamilton and wondering if it makes sense to buy it under a a corporation with me as a garantor. I seem to be running into problems with insurance companies. Everthing seems more difficult once I mention its under a corporate name. Any advice would...