Yes but that being said, and assuming everything else is equal. A carpenter is only as good as the tools they possess. No?

Well over the last few years I've amassed a decent portfolio and I have luckily been able to keep them all with my local Scotiabank. However their rules have recently changed now and they only consider 50% of rental income when figuring your debt ratio. This has essentially made me (and everyone...

Thanks again. My only concern now is, I want to move this storage container but I am concerned that if I do I may damage the motorcycle inside and then be liable for any damages if he comes up with the monies owed.

Yes I do, and I also just found out that the storage container belongs to him, it is not rented.

Could I also not instead file an Form L1 - Application to end a tenancy for non-payment of rent and to collect rent the tenant owes Filing fee: $170.00

Thanks so much for that helpful reply. It was a couple that split up and they told me they were moving out. One party wrote me a final note stating they were moving out including the date written and the date to be moved out, and the other party verbally told me as well. Is this considered...

Yes I am in Ontario

Its more just a small storage shed in the back yard. In the front of the house in a parking spot, he rented a storage container and stores his motorcycle inside.

What are my legal rights to confiscate or at least hold items if I had a tenant who has since moved out who still owes a month and a half of rent, but has left a rental storage container on my property with their motorcycle inside of it. Also my shed with their tools and other stored items...

Unfortunately I dont have the ability to issue an N12, however yes I am still thinking about the N13. I just dont know if there are guidelines that go along with it, such as a maximum amount of time I am allowed to take for the renovations or anything of that nature. I was thinking of...

A good idea Thomas, and hahaha agreed.

I purchased a property about 2 years ago and all of the units except one was vacant. I have renovated the others and am charging market rent on them. The tenant I assumed is still several hundred dollars below market rent for that unit, plus I would really like to do some renovations in this...

Thanks for all of your replies. Yes I am calling around doing everything short of offering my first born child to have this boiler serviced or replaced. In the meantime I dont see my building becomming condemned because it is providing an electric heat source rather than a boiler or furnace...

Thank you Thomas. Yes this is in Ontario. I dont recall this being the law here. I have one hydro meter on the building and therefor I include hydro in the rents. I have no problem paying more in hydro to keep the temperature comfortable until it can be repaired, but I certainly didnt...

Hello, I have always spent top dollar bringing my units up to high quality standards and used the mindset of tenants are my customers. That being said, I have a a multi unit where the boiler has taken a crap and because of the extreme cold weather we have been having locally, the soonest a...