We currently have 4 furnished suites and would like to sell them. Can I sell them as a business? If so, how do we go about that? They both have upper/lower units. One house has 3 bedrooms in each unit and the other has 2 bedrooms in each unit. Very deluxely furnished and great revenue. We...

We would love to get together for coffee - won't be able to make it every month but we will come when we can. Henry still has a job so winter is extremely busy and Bernice has her hands full with rentals (and grand babies). You can give us a call at 780-933-6903 for coffee.

Alberta. Yes he is still under lease till the end of October but he moved out today. I set up 2 different inspection days and he did not make either of them. I have read all the guidelines - just want to make sure I am doing things correct. Been a landlord for 6 years (10 homes) and never...

If a tenant has moved out and cleaned the place but refuses to return the keys, can I assume the place has been abandonned and go in and change the locks? I have a new tenant waiting to move in.

QUOTE (DonCampbell @ Nov 10 2007, 06:56 PM) Hi Henry, This is definitely a time for your friend to get an astute real estate accountant on their side before they do anything. Having a well thought out exit plan will be very important. Options to consider: * Selling through an option *...

QUOTE (mikecunning @ Nov 10 2007, 02:52 PM) HI Henry There are some discussions on the Vendor Take Back already in the Ask an Expert discussion area that will answer most of your questions. The bottom line is that everything is negotiable! When we offer VTBs we typically charge 7%, however, I...

I recently became REIN member. We have special situation here where a close friend of ours just recently lost her husband in an accident and they had several rental units. She would like to get rid of them and we want to help her out and it looks like she is open to vendor financing. What is...