Thank you everyone for your input. Based on your comments we will not be renting it furnished. The property will still cash flow for us as an unfurnished home.

I have a 4 bedroom 2 bath, totally renovated home with a detatched single car garage that I am considering renting as a furnished home. Apart from the obvious appliances and furniture that one would include, are we required to provide things like small kitchen appliances, pots and pans...

Hi Andrea, I would agee with you re advertising suggestions. I am currently running ads on Kijji and in our local newspaper and you know that my truck is lettered as well.I track my responses and Kijji is by far the most cost effective. I get the best price from the local newspaper advertising...

QUOTE (Dan_Eisenhauer @ Sep 6 2010, 07:16 PM) I agree with Mark`s comments. But, as I said earlier, this may be a "Personal Injuries" lawyer who knows little about real estate. There should be no right of the TB to register the "Down Payment". It is common to register many land agreements...

QUOTE (markl @ Sep 5 2010, 09:36 PM) Brian, Are they just registering their option on the property? This just protects them in the case you try to sell before their term ends. Speak with your lawyer on the wording on the contract but is their intent to retrieve monies in case of default or...

Hello Dan , I have just looked at the Option agreement and the words "downpayment" do not appear anywhere in that agreement.This document is an option document not an agreement for sale. I will take your advice and have my lawyer call their lawyer to get it sorted out. I also like your idea that...

I have got to the point in my first RTO deal where my RTO clients have taken all the paperwork to their lawyer.Their lawyer wants them to register a caveat against the title in the amount of the downpayment ($10,000.) Would this not negate the whole idea that the downpayment is non refundable...

QUOTE (BarryMcGuire @ Feb 1 2010, 07:39 PM) Hi David. Thank you for those kind words. I too think my Deal-Ready Documents Focus Workshop is fantastic. However, it doesn`t matter what I think. It is your own opinion that counts. I have some ideas for a second edition of that workshop and will...

When we are talking with potential RTO folks with credit issues, we tell them that one of the benefits of doing an RTO is that it can help them repair their credit file. How is this accomplished? Do I as the landlord report their monthly payment history to the credit bureau? Is my mortgage...

QUOTE (tonypeters @ Oct 19 2009, 01:54 PM) Most of you may already be aware of the fact that I am a HUGE fan of Ron LeGrand! WHY? My wife (Jo-Ann) and I had the good fortune of attending a number of his seminars back in 2003. Since that time we have been implementing many of the "creative" and...

QUOTE (C2Ventures @ Nov 25 2008, 11:39 PM) Hi Guys, I also concur that the prices and more importantly, the SERVICE at Home Depot is far superior to RONA. Honestly, I get very frustrated every time I walk into RONA. If you ever have a question, or are looking for someone to help you out, you...

Hello Joe, I just wanted to thank you for dedication to supporting Rein members who live, work and invest here in Saskatchewan. We moved here (from B.C ) 2 years ago because we saw an opportunity and we have enjoyed incredible success since coming to Saskatoon. I still believe Saskatchewan...

This year I am going to, 1 Finish renovating the 4th suite in the 4 plex 2 Put in a basement suite in the 1/2 duplex 3 Get a contract on the Quarter section of land 4 Finish the J/V course and attract 3 J/V partners 5 Finish the Multifamily course 6 To purchase at least 3 more properties...

QUOTE (C2Ventures @ Dec 4 2008, 11:20 PM) Thanks for all of your kind words and motivation to continue...here`s to 2009 and beyond!! Congratulations Monte, We have 2 things in common, we both attended the June 2006 Quickstart and we both have a goal of 72 doors to reach our personal belize...

Thankyou for your responses. I have decieded to walk away from this 4-plex because at the end of the day I still have no control over two of the biggest expenses, the natural gas and the electricity, water, sewer bills ( approx $1040 per month). I did get a hold of both my plumber and...

I am considering the purchase of a legal 4 plex here in Saskatoon, however it only has 1 gas meter and 1 hydro meter for the 4 suites and the current owner is paying all the bills and her rental agreements with the tenants incude the utilities in the monthly rent. This may work for her but with...

My husband and I own 5 revenue properties and our own home. Due to the change in the real estate market, we are finding it difficult to purchase cash flowing properties. One of our properties is a great cash flowing duplex with a detached garage. The basements are unfinished in the duplex...

QUOTE (3Girls @ Nov 15 2007, 09:02 PM) Next week is better for me. I write my final CFP exam on the 17th so won`t get my head out of the books until after that time. Maurice I go back towork next week, maybe an evening will work just let me know. Cheers Sakbrian

QUOTE (melliot @ Nov 15 2007, 04:43 PM) Finally some SK people (eventhough I`m from Toronto ). But I do invest in Saskatoon! I`ve been doing quite a bit of research in the Saskatoon area and I can see some really nice growth (not to mention a solid foundation to keep that growth going). I`m...

QUOTE (patrickmc @ Nov 13 2007, 09:00 PM) Hi Brian. My name is Pat and I am a REIN member living in Calgary. I`m thinking of coming to Saskatoon in the next little while to take a look around. Any ideas where I might start? I havn`t done any research as of yet. Are prices still pretty...