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  1. IMSTOCK

    Personal home purchase, stick with home branch, or..branch out?!

    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...
  2. IMSTOCK

    landlord`s legal rights to non paying tenants personal belongings on property?

    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...
  3. IMSTOCK

    Removal of low paying assumed tenant

    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...
  4. IMSTOCK

    rental reduction compensation

    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...
  5. IMSTOCK

    Which form to give non paying tenant who gave notice

    Hello, I have tenants (couple who broke up) that have given me their notice. First off they have only given me 1 months notice, which I am not sure is adequate. Also, they were splitting the rent and the one of them has only given me a small portion of their half of the rent because they...
  6. IMSTOCK

    Just starting up, advice?

    I am looking into buying homes in order to flip in a short term for a profit. I am in Ontario I have a few questions a) is there any benefit to starting a business out of it, ie- could i write off expenses on things I purchase for working on and upgrading the property? b) being as I am...
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