All Forum Posts by: Justin H.
Justin H. has started 11 posts and replied 143 times.
Post: buying multi-unit property and borrowing money to purchase?
- Investor
- Toronto, Ontario
- Posts 148
- Votes 34
im going thru same thing right now ... triplex.. but 2 of 3 tenants HAVE to go ... trying to legally sort out a way thru this .. tracking the topic
Post: Real Estate Insurance for Rentals
- Investor
- Toronto, Ontario
- Posts 148
- Votes 34
State Farm / Desjardins has given some great rates
Post: Hello from the great white north!
- Investor
- Toronto, Ontario
- Posts 148
- Votes 34
good luck & welcome!
Post: Is a 2.5 hour drive too far for a rental property?
- Investor
- Toronto, Ontario
- Posts 148
- Votes 34
mine are 2 hrs + away ...I have a Pm and go to the property 1x a year
Post: Can't collect rent on time
- Investor
- Toronto, Ontario
- Posts 148
- Votes 34
"I would classify him as a professional renter" - not sure how you could say that when the tenant pays on the 1st of the month. If he has a verbal agreement, its not his fault the last landlord didn't enforce a written lease.
Lastly, below market rent .. not his fault. I have 1 tenant that is so amazing I haven't raised their rent in the 3 years they have been with me. Are they "below market", sure maybe. Tenant turnover will cost me more than a few bucks below with great people who take care of my investment.
When you bought the building were there not written leases in place you would have reviewed before purchasing?
Post: Niagara Region investing
- Investor
- Toronto, Ontario
- Posts 148
- Votes 34
more details about the prop?
Post: Niagara Region investing
- Investor
- Toronto, Ontario
- Posts 148
- Votes 34
congrats @Spencer Gatten. i bought my first rental in jan 2015, and have had some great success with 2 properties there and 1 in Peterborough.
welcome :)!
Post: Investing in Northern Ontario?
- Investor
- Toronto, Ontario
- Posts 148
- Votes 34
@Manvir G. - join a local investor lub or go on CMHC website. this tells you everything you need
Post: Real estate database in Ontario
- Investor
- Toronto, Ontario
- Posts 148
- Votes 34
Originally posted by @Matt Geerts:
An even easier route is to find a Realtor that is actually willing to work for his money and is good at communication and will take the 6 minutes required to give you a comp list for a property when you request one. I'm sure there's a couple out there somewhere.
Great point. Too far between for those willing to actually work! YOu make a great point.
Post: To Incorporate or not to Incorporate? That is the question!
- Investor
- Toronto, Ontario
- Posts 148
- Votes 34
@Michael Ramzy - thought Id be the only one from the hamlet of MA on these forums, what are the odds :)