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All Forum Posts by: Account Closed

Account Closed has started 1 posts and replied 302 times.

Post: How Often Do You Walk Through Your Rentals?

Account ClosedPosted
  • Investor
  • Saskatchewan , Saskatchewan
  • Posts 311
  • Votes 233
Me personally? Maybe 3x per year max. Once for sure, probably twice. Drive by probably 5x or maybe more. A representative of me? Quarterly at minimum. 3x in first 3 months if they have an animal.

Post: American Standard Champion 4 - Tank Leak

Account ClosedPosted
  • Investor
  • Saskatchewan , Saskatchewan
  • Posts 311
  • Votes 233
I use the Toto exclusively now. Could flush a loaf of gluten free bread I’d say. Not cheap, but these are long term holds. I replace flappers at 4-5 years regardless of if they’re leaking. They’ve got about a 5 year lifetime generally, why wait for it to warp & leak it’s $4.

Post: How do you Manage in bad neighborhoods?

Account ClosedPosted
  • Investor
  • Saskatchewan , Saskatchewan
  • Posts 311
  • Votes 233
When given the option between place your testicles in a vice or not, choose wisely young grasshopper.

Post: Top 3 DIY Skills To Learn For Rehabbing?

Account ClosedPosted
  • Investor
  • Saskatchewan , Saskatchewan
  • Posts 311
  • Votes 233
Yep, mine was my grandpas, probably bought at a farm auction for $1... old as dirt, loud as a diesel, works like a charm. Swap the Diablo blade between that and the small mitre all the time!

Post: Top 3 DIY Skills To Learn For Rehabbing?

Account ClosedPosted
  • Investor
  • Saskatchewan , Saskatchewan
  • Posts 311
  • Votes 233
How rad would it be if the app didn’t crash every time you tried to tag someone? ... anyway, Johann spotted a good point, tools are a category with a massive range of quality. For rarely used things, you probably don’t need to break the bank. Search reviews on brands before you rob the kids’ college fund. YouTube is great for reviews these days too!

Post: Good Real Estate Lawyer in Ontario?

Account ClosedPosted
  • Investor
  • Saskatchewan , Saskatchewan
  • Posts 311
  • Votes 233
Call Barry Maguire at Ritchie Mill law office out of Edmonton,(not affiliated at all, just know his background and have heard him speak many times through REIN) ... he’s done hundreds of these for REIN members across the country.

Post: Top 3 DIY Skills To Learn For Rehabbing?

Account ClosedPosted
  • Investor
  • Saskatchewan , Saskatchewan
  • Posts 311
  • Votes 233
Michael nailed it. Supplies needed: a 4-8’ extension pole. Buy a good one. Decent roller refills (microfibre, don’t cheap out), tray & liners, 5in1 tool, 6” putty knife/ scraper, good caulking gun, generally clear caulk, but good tape (frog tape almost always but 3m has some good stuff too), good 4” roller to start w baseboards, Buy a 7” dual bevel sliding mitre for baseboards. So much nicer than carting around a 12” or even 10”. Electric brad nailers eliminate the noisy compressor drowning out your easy listening radio. Something with rechargeable batteries works well usually. Decent flooring cutters are $100 all day long. And I much prefer a cutter than a saw or razor knife (LVP) for floors. Grab a decent flat trowel for floating when needed. Eventually, a small airless sprayer might be in the cards if you do a lot of painting. 515 / 517 tips cover almost all needs until you get good. Enjoy the sweat equity!

Post: Can you help weigh in on flooring?

Account ClosedPosted
  • Investor
  • Saskatchewan , Saskatchewan
  • Posts 311
  • Votes 233
Labour for install looks very high to me... I just paid $250 for 660 sq ft install that required some feathering/ floating... flooring guys are a dime a dozen. LVP. But I wouldn’t be basing the decision on a tenant request unless it’s clearly expired it useful lifetime. The list of tenant requests can get pretty long if you start granting all of them...

Post: Wholesale Process ( CANADA)

Account ClosedPosted
  • Investor
  • Saskatchewan , Saskatchewan
  • Posts 311
  • Votes 233
He k out Barry Maguire in Edmonton. He’s a lawyer who does training in this. One of the best for sure

Post: Drug and/or illegal activity clause?

Account ClosedPosted
  • Investor
  • Saskatchewan , Saskatchewan
  • Posts 311
  • Votes 233
Use at your own risk: The tenant covenants and agrees to refrain from any activity on the premises, legal or illegal, which may jeopardize an insurance claim by the owner. The tenant acknowledges that these activities include but are not limited to maintaining and/or using marijuana The Tenant shall use the premises only for residential purposes, and shall not permit any unlawful or immoral practices to be carried on and the Tenant shall not permit use of the premises in such a way as to injure their reputation in the neighbourhood, disturb other property owners, or increase the fire hazards.