I would suggest that you attend a local investment group. Here in the Durham Region, the premier group is called Durham REI. You can check out their website at www.durhamrei.ca. They meet monthly, and in that group, a few property managers typically attend. But more than that, there is great...

A quick update on the legislation for 2-unit properties in Oshawa. On June 23rd 2014, Oshawa council passed the bylaw allowing ALL properties throughout the city that has a frontage of 11 metres or more that ability to be converted into a 2-unit dwelling. The only exception to that is the...

Tyler I see that you are in the Alberta area, but did you mention where you are looking to invest? The REIN group has a bunch of quality realtors. Perhaps in the next REIN meeting, ask around, outside of the meeting in the lobby. Ask who are the best investment realtors in that region. I'll...

Although I have yet to do a real estate transaction with them, I really like Sandstone Management. They take a sophisticated approach to RTO, and are focused on the full transaction, including having the tenant close in 2-3 years. http://www.sandstonemanagement.ca/index.htm You can speak...

The best guy to talk to in the Ottawa area is Rich Danby. [email protected]. In my region, most PM's will do the job effectively for 10%, though there may be a fee for finding the tenant. You might be able to just have someone place the ad and do the tenant search and that will...

3canctheayr is bang on. To ensure that you are protected, you can put out a public notice. But because storage facilities don't fall under the residential tenancies act, you can make a public notice saying that the stuff will be sold on a certain date. If the owner of the stuff doesn't come...

It was great to see you at the last Durham REI meeting last week ... and ACRE on the weekend. I'm kinda pumped right now. Next week I take possession of my 3rd two-unit dwelling in Oshawa. There is a fair bit of work involved, but at the end of the day, I think I'll be mighty pleased I have...

Trevor Do you ever come out to Durham REI. The next meeting is on Wed Apr 9th in Whitby. Website is www.durhamrei.ca I think it starts at 7PM. April Stewart, the paralegal, is a main speaker in the April meeting. You will get some great Durham focused information and network with a whack...

Thomas You will have to make it out to Ontario to speak one day. We have a great group here too! Great book. There were tips and strategies for oth the beginner and the veteran alike. Thx again, Michael

You are absolutely right Thomas. By the way, I recently finished your book, 80 Lessons Learned. I thought is was extemely informative and I am actually planning on a number of your practices into my business. One thing I knew I was doing wrong, was not having all of my bank accounts set...

I do like the city of Cobourg a lot. I have owned my 6-plex for about 4 years now. CMHC numbers show vacancy rates consistantly at 1% or LOWER. Simply put, there is a housing shortage in the area. Speaking to a local property manager, if you have an upscale unit, you will actually have...

Not far up the road in the Northumberland Landlord's Association. We get together every other month to discuss the area. Typically we meet in Port Hope, but sometimes Cobourg. I am quite confident that we would love to bring anyone in who is looking or owning more in the Quinte area. You...

I know this post is an older one, but I wanted to comment. The Oshawa market has proven to be a great place for me to invest. I now own three 2-unit properties, and a 9-plex. As a realtor, I have helped over two dozen investors find cash flow generating properties that are building wealth...

You owned and lived in the home in good faith. You did not commit any form of mortgage fraud by stating you were intending to live there, but in fact did not. It is all about intent. Was your personal mail forwarded there? Did you change your driver's license? etc. If circumstances changed...