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    Jared Hope Presentation

    This is how I do it. First every single thing from the ad and initial phone call is part of the screening process. The ad clearly states that an application and decent credit check is required, although I also mention that it`s fast and easy which it is... for a good tenant. You`ll field...
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    Real Estate Syndications - A Good Idea ?!

    in ON: rents are controlled, but can be raised annually 1.2% (adjusted annually by government) I always try to spread the word that any rental built after November 1991 is exempt from the rent control guideline so you can raise the rent as high as you please. You still have to use the approved...
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    Private Purchase/Sale

    I am absolutely disgusted with Mike`s fear mongering. It`s sour grapes at its finest. You act like real estate agents are some kind of legal experts instead of people who have taken a minimal amount of correspondence courses. Truth is that every single deal is overseen by a lawyer for a good...
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    Problem mice

    The house I live in had a ravine in the back and the mice were taking over, I tried everything on the market but they just kept multiplying. Finally I got the exterminator in and I have no mice for years.
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    Current landlord check

    Invest4profit... is 100% correct. The employer is also a fake. If you`re trying to qualify a tenant and asking yourself questions, turn them down. Any sign of deception is an automatic NO! I just got a fake job letter, I called the employer and she didn`t know the applicant, it turns out...
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    How I optimized cash flow of a ghetto property in Winnipeg

    Lol @ I will be able to attract the best of the worst.... I did the same myself in South Oshawa, we had the best townhouses around, the property went from 25% vacancy to full and waiting list, we put up the rents $100 each. The owner had not renovated in 10 years, we did floors, we did...
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    When to Convert to Condos?

    I was working for an investor who did this with his building in Brampton. This can be very profitable for the patient investor, he has been working this plan for 5 years. The biggest problem is the city. They make it really hard. In Toronto anything 5 units or under does not require city...
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    Lease to own

    QUOTE (GaryMcGowan @ Nov 28 2010, 11:28 PM) That is like saying all property managers need to be regulated by the CREA. An RTO owner/investor is a property manager. There is a market for RTO because there is a demand for the service. We tell all our RTO clients, we are doing our due diligence on...
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    Lease to own

    I`ve had extremely bad experiences with investors that were involved in Rent to Owns in the past. I was not renting to own myself but worked with three different and completely unrelated RTO investors. Finally one of them sold a property to my friend again not as a rent to own. Basically the...
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    Top 3 Reasons To Become A REIN Member

    I have read all of Don`s books, I don`t need my investing mixed with "Belize thinking" I already know the benefits of buying real estate and will pull the trigger the exact instance I can. First I made a big mistake years ago because I was self employed I got my parents to help me to buy the...
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    Barrie, Ont. Student Rental Rules

    Off hand what comes to mind is that by doing something illegal you run the risk of getting caught. Generally business plan and illegal don`t mix well.
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    How soft is the Calgary rental market right now?

    I freely admit I don`t know anything about the Calgary rental market, here in Toronto, December sucks, it`s sucked for the last 13 years I`ve been renting out property. I`m great at screening, and last year I rented out only two properties in December but both tenancies dissolved by June...
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    Smelly freezer

    I don`t mean to be unhelpful, but I have found that if a freezer get seriously moldy, it will never lose that smell. I have tossed many a perfectly good fridge that just kept reeking. Once I opened one up that had been left for a while in the heat full of food and what I found was that behind...
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    Photographing a suite

    Well, through the years, I have never taken my own pictures very much leaving it to the professionals at View It instead. However having recently acquired the IPhone 4, I gave it a shot for one of the properties I manage because I wanted the ad up ASAP. I really liked them and even used them in...
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    realtor conflict of interest

    80% of real estate agents don`t make it through their first year in the business. I don`t like those odds. This signifies to me that there is something wrong with the industry as a whole. Furthermore, those that have made it through the gauntlet have a vested interest in keeping it the way it...
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    realtor conflict of interest

    I hear and agree with what you are saying Godfried, many years ago I did an internship with a real estate agent and even did the first course. I changed my mind when I realized how rapacious this industry is. Now it seems to me that the Real Estate Associations have turned the real estate...
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    Should we buy condo?

    One big advantage to buying new condos and other new properties is that they are not subject to the rent control guidelines in Ontario. You must still give 90 days notice and the form from the Landlord & Tenant Board but you can increase as much as you like.
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    Tenant Selection

    QUOTE (housingrental @ Oct 29 2010, 08:01 AM) Correct I do not agree with your above post. It is not correct and not in the interest of most property owners. Go ask a number of real estate lawyers that specialize in residential rentals and experienced property managers in residential rentals...
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    Tenant Selection

    You don`t agree with my post because I forgot to add tenant insurance? You`d rather have complicated leases that no one reads and understands? I`d rather use it as a communication tool.
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