Thanks so much to you both, Doug and Thomas. You've confirmed my gut feeling. Moe

My wife and I bought a triplex in Moncton three years ago in a rent-to-own deal, and the tenant who was supposed to buy it has bailed on the deal. That would normally be a good thing (because we get to keep his down payment and "credits"), but we've never seen the property and have just been...

Hi folks, I'm planning to sell my Moncton triplex and am looking for a realtor who has experience with multi-res and the downtown area of the city. Can anyone recommend a good realtor? Moe

I have a triplex in New Brunswick that was set up as a rent-to-own deal almost three years ago. The tenant-buyer is now in a bit of financial trouble and is looking to me for guidance as to where he should turn. The tenant-buyer has been collecting the rents from 2 of the 3 units, and living...

Thanks, Alvaro - I'll ask on the OREIO forum. Moe

Hi folks, We own a duplex in Halifax but live in Ottawa. We tried using family in Halifax to manage the duplex, but that's not working out. Can anyone recommend a property manager in Halifax who they've had a good experience with? Many thanks, Moe

Thanks to you all for your advice! Moe

Hi folks, We own several rental properties in Ottawa, and sometimes when tenants leave at the end of their lease the unit is dirty or has nicks in the walls, etc. (typical wear-and-tear). This means we have to pay for cleaning and sometimes for small repairs to the unit. In Ontario it's...

Hi folks, My wife and I have an opportunity to buy a triplex in Moncton, but we're not familiar with the areas of that city. The triplex is near the Dr. Georges-L.-Dumont University Hospital Centre, near the corner of Mountain Road and John Street. I've looked at the area on Google Maps...

Hi folks, My wife and I own three long-term-hold properties in Ottawa, and we're looking at getting into rent-to-own (RTO) deals. We've talked to experienced RTO investors, as well as RTO companies, and we've decided that the best fit for our strategy is properties that are in mid-sized...

Thanks for the helpful info, everyone! This is great information. Moe

Hi folks, My wife and I recently had a blockage in one of our rental units. The toilet and the shower drain (the bathroom is in the basement) backed up. There was a lot of water, and some residue that looked like sand. A plumber (who we trust) found tree roots when he put a snake down the...

Hi folks, We have a couple of units coming up for rent, and in the past we`ve had success posting our ads on free classified ads sites (specifically, Craigslist and Kijiji). The only drawback to these sites is the time it takes to post ads. I`m wondering if anyone uses software or a paid...

Thanks to you all for the good advice. We`ll find another tenant for this unit, and will inform the current tenants that they`re responsible for the remainder of the lease term. Moe

When I was 13 I invested $1,000 with my father to buy a sixplex in the worst part of Halifax ("worst" meaning it was rife with criminals, drug addicts, and welfare lifers). I can remember him literally fighting with tenants to get the rent every month. He ended up walking into the bank and...

Think I just found the answer to my own question. From the Landlord and Tenant Board website:Tenant Wants to Move Before the End of the Tenancy Ending a tenancy agreement early In most cases, if a tenant has a tenancy agreement or lease in which they agreed to rent the unit for a specific...

Hi folks, We have a tenant who wants to break their annual lease, which ends on August 31st, 2010. They have given us two months` notice. I feel dumb asking this, but here goes anyway: are we (legally) able to tell them that they signed a one-year lease, and that they have to find a...

Vincent, my wife and I live and invest in Ottawa, and we`re also planning to move overseas (although not for another two years or so). As you know, there are hundreds of foreign service officers in Ottawa who are regularly posted overseas and rent out their homes while abroad. We know many who...

QUOTE (DaveRhydderch @ Apr 7 2010, 10:57 AM) This is the key. What do the written agreements say? Just checked with my wife. We did state in the lease that they`re responsible for reimbursing us for utilities. I guess that means we have legal grounds to oust them?