Our tenants would like to RTO the house they are in. They would like to invest in the property by doing additional upgrades - flooring and bathroom. How can we compensate them for that so it either adds to their deposit or comes off the purchase price ? Also we would like to match additional...

Say you had only 35k left on your primary mortgage home worth 250k. You purchase new home for 290 and want to rent old home. How would you structure financing for both houses ? My brother has found himself in a pickle (what I think is a great opportunity for him). His wife is sahm and they have...

If seller will agree to AFS but wants a larger sum of money to go...30-40k and we takeover payments how do we go about securing this ? Or do we never give this much money ? I

I know RLG advised against renting to own back to someone in arrears. Has anyone here done it ? Have you had success with it?

I have a seller that has agreed to a sandwich lease. We`ve signed a standard lease option agreement but I`m not sure if that is what we should be using since I really won`t be a tenant and I want the rights to lease option the property to someone else. I`m also looking for a lawyer in Ontario...

I just received my first real shut up cheque today! Actually it was a bank deposit but still just as sweet to see the balance. I helped a homeowner/investor that had a property here in Barrie she needed to be rid of. We talked about some creative type stuff but in the end she just wanted out as...

I`m finishing up a deal in Ontario where we had an option at 200, reno`d and flipped to and end buyer for 215. Instead of going thru the "option" type channel we just wrote up a renovation contract for $15k which the seller signed. I know I`m relying on trust really but have kind of protected...

Has anyone been able to find a good lawyer to work with in Ontario? I was just dumped by my current lawyer for being too creative. I have 2 deals I am currently working on: 1. Needs $30k downpayment. We`ve agreed to purchase for $309,000. We will make her mortgage, tax and insurance payments...

A lady called me to buy her house. They have to be out by Tuesday and they want some more time to get packed and find a new place. In order to stay the "eviction" they need to have a purchase and sale in their hand by 4pm tomorrow. Financial Details: 1st : 125,000 2nd: 32,000 Wells judgement...

In order to apply for a government grant to get our business up and running we have to complete a detailed business plan. I was wondering if anyone here has any research on the industry and market? Or if anyone has done a business plan on Property Management? Thanks!

A couple REIN meetings ago there was a brochure outside the room for a company in Toronto that just fills vacancies. Did anyone pick that sheet up? Or know what company this is? Thanks!

What do you use to track rent payments, tenant contact info, ltb paperwork, letters, owners, etc? We are very small so we need an affordable solution but something that will allow us to grow. Are we best to use a packaged software or just save everything on our computer?

Well that batch of yellow letters had some prospects in there...so many I feel like I should jet down to Jacksonville this week to learn Seller Financing! Anyway...I got a great lead on a free and clear home the owner wants to downsize. He`s an older guy and it`s a big house for him. So I asked...

We would like to provide our tenants with a gift or gift certificate for Christmas....what do you do ?

So when Dan and I were in Edmonton with Ron LeGrand we kept thinking about our neighbors house. We had found out that the lady needed to sell her rental property as her son "needed" to take her cash and move out to Alberta for greener pastures. So we did the math in our head and offered...

My husband and I are kind of capped out at what we can do as we are both self-employed and only for 1 yr in these fields. We have our LOCs used up in our first duplex. We are considering selling our primary home to move into the duplex. Then taking the equity from our primary to put down a 10%...

My husband and I just purchased our first duplex. Cash flow is over $600/monthly. We financed the down payment with an LOC so we are very leveraged, don`t have much there for repairs/vacancy savings. I`m wondering what to do with the cash flow? We have a Manulife One mortgage so we can just...

So my husband and I have been gathering all our documents up since the ACRE weekend. We`ve done quite a bit of legwork. What it comes down to is that we don`t have enough equity in our home for a HELOC (currently we are a little under 80% LTV) and we only have $5000 cash. We have a 5.09%...