Do you mean all banks are sending this out, or just the TD.

I just got a letter from TDCanadaTrust advising me that my line of credit which I use to finance my rental property will be increasing from prime to prime +1%. I`ve been with them for almost 30 years and have had this line of credit for close to 5 years. Have never missed a payment. They are...

What do you recommend buying in Waterloo?

Thanks for the quick responses. There will be a significant capital gain if sold now. This has been an effortless property so far, maintenance wise with an excellent tenant. With my in-laws gone it will be a lot more grief to keep it. Your input will help in our decision.

We`ve got a rental house in Kelowna that we purchased 4 years ago. We have been fortunate to have found tenants that are taking good care of the house and always paying on time. The property is currently worth about $380,000 with a mortgage of $210,000. Rent is $1350 and they pay all utilities...

I had a rental water heater that started at a price, less than $10, where I couldn`t justify buying. Over the years the price slowly edged up to $25/month so it became more cost effective to buy.