Hi Folks!Can I use my RRSP as a FTHB to buy a property and rent it out?Thanks
Jan 22nd, 2021 8:13 pm
Looking to negotiate reduced rent for a month to month rental with all other terms the same as the original 1 year lease. In this case is there an official form similar to the N1 (in in Ontario). If not, does it require re-signing a new standard agreement ...
Jan 21st, 2021 9:39 pm
Questions 1) Would you consider paying for a VR Tour of your property? (Yes/No, and why) 2) What is a reasonable cost for this service? (Please describe an estimated sqft of your place, as obviously it is more work for more space) 3) To host these VR tours, there is a subscription cost. So, in passi...
Jan 18th, 2021 11:34 am
... declaration of emergency. If you are a tenant and your landlord has locked you out, or is threatening to lock you out, you can contact Ontario’s Rental Housing Enforcement Unit for help. Thoughts? I know there are quite of a few landlords here on the forum. SOURCE
Jan 14th, 2021 3:40 pm
Hello all Would like some advice. I just bought a new rental property and want to know the best way to structure my down payment. I’m putting down 20% which is about 100,000 I have another, older rental property with a HELOC that I’m going to draw from ...
Jan 12th, 2021 6:50 pm
... considered long term over a several years, with the hope of even buying within the location within a few years. My question is how do I find these rental properties? Local realtors maybe? If so, does anyone have any recommendations? I see one or two on Kijiji, but there is not much of a variety. ...
Jan 11th, 2021 3:57 pm
I can’t seem to find this information online and I was on hold with two homedepots forever today and couldn’t connect and talk to someone.Are van rentals at Ontario HDs allowed right now?
Jan 9th, 2021 12:27 am
Are lots of condos empty right now? My parents' condo in DT couldn't find a tenant for over a month.
Jan 7th, 2021 10:59 pm
Are lots of condos empty right now? My parents' condo in DT couldn't find a tenant for over a month.
Jan 7th, 2021 10:33 pm
We all know rents are down, but nobody really knows how much down. One camp of people create boogeyman scary stories, showing massive discounts. Another camp only repeats "to the moon". There are no facts. This data is based on MLS condos in Toronto. It shows the actual situation with average rent i...
Jan 7th, 2021 3:27 pm
I'm trying to understand how rent increases work in BC. I see the rental icreases were quite low in 2019 and 2020. Is that something that can be expected in the future or is it tied to inflation in which case rental increases could go up more? I'm wondering ...
Dec 30th, 2020 9:40 pm
Recently purchased a condo to rent out and found a tenant. Trying to figure out the best way to have the tenant pay the rent. I’m leaning towards e transfer. Not sure if there is any drawbacks to that.
Dec 23rd, 2020 7:30 pm
Currently unemployed. I want to start a rental unit business. I want to get my first rental property but I don't have income since getting laid off. Can the fact that it is a rental property and the future tenant can pay my mortgage good enough so that I can refuse proof of income?
Dec 22nd, 2020 11:01 pm
Hi, My real estate agent told me he has a seller who needs to cash out her rental townhouse (in Ottawa) as a private sale. $40K below market value. The catch is, I cannot see it. And there's no current picture (only pics from few years back). The seller said ...
Dec 19th, 2020 6:14 pm
Hi there - I’m having a rough time finding an online rental application, which includes the consent for a background check etc.Anyone have a link to an acceptable one?Cheers
Dec 7th, 2020 4:17 pm
i typically rent cars from the usual Avis, Enterprise, etc, and have had no major issues. I have looked into Turo when wanting to rent particular cars, (nothing fancy, just a regular 30-50k car like the Toyota 4runner, Wranglers, etc). I do not have car insurance of my own, so i would likely purchas...
Hi,I wonder if anyone knows how many rental properties it takes to make it worth incorporating? Also in an estate planning perspective. Thanks.Any insight will be greatly appreciated.
Nov 17th, 2020 6:58 pm
Hi All, Looking to buy a home but somewhat stuck in a situation where the seller has a hot water tank rental with a small company. Here's the situation: - Signed the Home buyer agreement, which has a line saying we are to assume the rental (If assumable) - Requested seller ...
Nov 17th, 2020 4:40 pm
Hello,Wondering what software people are using to track rental properties? I would prefer something free but curious what people are using spreadsheets ?
Nov 14th, 2020 8:08 pm
Seems my new laptop might take 3 weeks to arrive and the current one is counting days. Any place in Downtown Toronto that rents laptops for individuals for the short term? Just need a chromebook or something with very basic configuration (with RAM: 2GB or 4GB, headphone jack), with an option to conn...