I bought a primary residence in 2000. I lived in it until Oct 2012 at which point I has a tenant move in on a 1 yr lease. I wish to sell this property in 2014. The tenant is on lease until Oct 2014, but will move sooner if need be. I paid $100,000 for the house in 2000. I hope to sell for...

I just tried to email you at re_investingATme.com and sais email invalid. Can you provide another email address ??? Thanks

Thank... I`ll send you and email. Regards, Wayne

Hello, I am in the midst of screening people to rent a detached rancher house in Vancouver, BC. I am looking for a long term rental/lease, and am seeking a copy of an appropriate lease agreement. Does anyone have a source for these ? I already use tenancy agreements w/addendums for suites I...

I have a suite in my home that is currently rented on a month to month tenancy. Due to issues with the tenant, I am considering my options regarding eviction or terminating the lease. Can a landlord in BC choose not to renew a (month to month) lease as a way to legally evicting or getting rid...

QUOTE (DaveRhydderch @ May 25 2010, 01:43 PM) What province is the property in? BC

Greeting, I recently bought a house with 2 suites. I agreed to let one of the tenants stay when I bought. Its now been 3 months, and the tenant needs to go. How do I get rid of her legally ? I was thinking of writing her a (polite) eviction giving her 60 days notice and stating that its due to...

Thanks for the tips guys ! Wayne

I am advertising a rental suite in my home and have had a number of inquiries. I would like to check references, former landlords and employers etc, etc. I`m wondering if there is a generic form/application that I can get interested people to fill out ?prior to showing them the suite. Kind of...

Greetings, I know I have talked about this before but... I have a house that was my principal residence. I bought another house with 2 basement suites which is now my personal residence. I am currently doing renos on the 1st house (former primary residence) with hopes of either selling or...

QUOTE (OlegP @ Jan 5 2010, 05:58 PM) You absolutely need a Tenantcy Agreement in place, even if it reflects the status quo (i.e. month-by-month, current rent amount, and of course all of the resposibilities, rules of engagement so to say...) If BC has rent controls, you can only increase rents...

QUOTE (invst4profit @ Jan 4 2010, 04:38 PM) Your approach depends on what provence you are in. http://www.e-laws.gov.on.ca/html/statutes/...tes_06r17_e.htm This is a link to the Ontario RTA. You need to study and learn the RTA for the provence you are in to understand the rules governing this...

I just purchased a house which had a 1 bdrm basement suite. The suite has been rented to same tenant for about 8 years with no rental increases. There was a damage deposit paid initially. The previous owner and the tenant had a verbal tenancy agreement as follows: Rent = $575 pm which includes...

I just bought a house w/ 1 bdrm suite in the basement. I will be occupying the upper floor. The lower suite has been rented by same tenant for about 8 years (with no rent increases) and would like to stay. Tenant did pay a small damage dep initially, but is not currently on any type of lease or...

QUOTE (Albertritchot @ Dec 12 2009, 06:55 PM) Congratulations on the purchase of your new home. Revenue Canada has an interpretation bulletin on principal residences that might be of interest to you. The location of the bulletin is: http://www.cra-arc.gc.ca/E/pub/tp/it120r6/it120r6-e.pdf...

I own a house in Vancouver that I live in. Its never been a rental property while I`ve owned it. I just bought another house which I intend to live in after getting possession on Jan 31st, 2010. My intention is to reno the 1st house and sell in the spring. The house will remain vacant until...

Further to my previous post.... Can anyone tell me what % the capital gains tax will be here in BC when selling a non primary residence ? For example: If I sold a detached house for $250K and walked away with $165K after paying off mortgage, realtor commission etc,etc...

I Forgot to mention that I`ve been working with Rob McDonald of Invis, who I found on this site. I read on this site at some point that "You cant ask a dumb question", so this is why I ask a lot of questions from people I respect who have been there/done that. Thanks again, Wayne

Thanks for the great advice guys ! Wayne

QUOTE (thomasbeyer2000 @ Jul 19 2009, 04:50 PM) one increases the income, or buys a smaller house, or brings on a JV partner, or pays more for a sub-prime mortgage, or buys a house in AB with an assumable mortgage ! no .. only if you keep 2 .. and then sell one .. you have to designate one...