Hey everyone, I was wondering if anyone has any experience with rental increases secondary to renovations in the province of Ontario. For example, let`s say I wanted to renovate my apartment building and needed the tenants to leave, can I do this? Also, can I raise the rents after? I know that...

I was hoping that someone could help me with a question regarding liability for property owners. While this may seem like a dumb question to some, as a new real estate investor it does strike me as an important question. Let`s say you own an apartment building and one day something happens like...

I got but another question for everyone When owning a rental property personally as opposed to via a corporation, does one just own the property under a sole prop. Thanks for your insight! Josh

Hey everyone, I was wondering if anyone has any recommendations for a great property manager in Hamilton as well as a great property inspector. This would all be for an 8 unit apartment building. Thanks alot! Josh

Sorry for the three repeating posts earlier. Anyways, I have another question regarding strategies for preventing properties from becoming stagnate. For instance, in places that have no rent control, one can buy a property. Fix it up. Increase the rent and thus the NOI. and refinance or sell...

Hey everyone, I was just wondering what your opinions are regarding what cash flow should be when purchasing a property. Say, a 6-8 unit property priced at 500000 with say 15% down with CHMC. I have heard that 100 dollars per door of positive cash flow is ideal. What do you guys think on this...

Hey everyone, I was was just wondering what one should expect in typical closing costs for a commercial loan on a residential apartment building? Say a property that ranges in cost from 400,000 to 750,000 and 7 units to 12 units. What percentage should I use in my calculations so that I can be...

Hey all, I have a question that maybe you experienced investors can help me with. I was wondering what would be the best route to take regarding financing. For example, Should one put down 15% and go with the 4% interest rate plus about 20000 in CMHC fees (Based on a 450,000 property) or should...

Hi everyone, I about to start buying my first rental property and I was wondering if you guys could briefly go through the process of submitting an offer for rental property. I have to have my own broker right? Also, what do you guys think of the Halifax market right now. Thanks Josh

Hey everyone, I was hoping you guys could let me know your opinions on these numbers. Property located in an ontario metropolitan area. Listed at 452,500 10 units Gross operating income: 73932 less vacancy (5%)...

Hey all, I was wondering everyone`s opinion on what a average to good 7- plex should produce in monthy cashflow? Obviously, it`s based on region and other multiple factors, but let`s say in the Saskatchewan, Alberta, and Manitoba Regions. Thanks Josh

Hi everyone, I am just wondering what everyone`s opinion is regarding investing in residential multi- family (1- 4 units) vs commercial multi- family (5+ units)? Specifically, I am quite new to real estate investing. I have read alot regarding the literature and feel like it`s time to take the...

Hi everyone, I have a question that maybe you guys can help me with. We recently remortgaged our current duplex in Edmonton and took out about 117,000 in equity. We left 20% or about 60,000 in the duplex as we are planning to rent it out in the Spring. Even With the 117,000 out, the property...