Paul Gill
How to make your 1st Million
28 October 2021 | 19 replies
I understand where you are coming from, but markets like Toronto truly have a supply problem, And our city and provincial governments don't seem to care enough to fix the problem.
Anthony Therrien-Bernard
5% down 50y amortization and limited recourse!?
11 January 2022 | 14 replies
Under MLI Select it said Purchase/refinanceOPTION A: 80% of units: maximum rent is ator below 30th percentile of rents (CMHC in thesubject market) for units of similar type (numberof bedrooms)OROPTION B: Project approved under otherhousing programs/initiatives (municipal, provincialor federal) that provide support for developmentof affordable housing such as capital grants,municipal concessions or expedited planningOROPTION C: Social housing projects with upto 5 years remaining on operating agreement:additional criteria applyNote: For all options, the affordability of designatedunits must be maintained for a minimum of 10 years.Affordable units are subject to provincially allowableannual rent increase or CPI.Pretty vague description and doesn't speak to the point system so i'm waiting to hear back for clarification.
Francis Beattie
New investor. Now should I sell or rent?!
24 May 2021 | 9 replies
@Jason Dasanjh Ontario is subject to provincial rent control, so rents stagnate (barely keep pace with inflation at best) while expenses increase.
Scott Hickey
Rent increase after buying a property
25 May 2021 | 7 replies
You need to check your provincial rules.
Cameron Robinson
BC Tenancy protecting the tenant even more now.
16 July 2021 | 12 replies
@Jonathan R McLaughlinIn general, when a government steps on my throat I vote with my dollars (& my provincial votes if I’m local) and invest elsewhere.
Jeremy Heaman
Buy and Hold in Camrose, Alberta
28 August 2021 | 3 replies
(The city of Edmonton fort road revitalization, coupled with the federal and provincial government widening the yellow head in the area) I haven't heard of my people investing in small cities in Alberta, and I know there's a much increased vacancy cost.
Michael Mehta
Investing in Small Town Ontario
16 October 2021 | 4 replies
I would recommend handing off the day to day to someone else4) depends on how you fund the first property5) USA... 6) My biggest concern is appetite to put more rent controls in place and/or tying rent to the unit, not to the tenant, but these concerns are provincially legislated (not federally).
Tobi Ayanleke
Renter Screening in Alberta, Canada
12 October 2020 | 5 replies
Also search their company name in the provincial registry, Facebook, google etc.
Leandro Zhao
How to write an offer in Canada?
19 January 2020 | 16 replies
@Leandro ZhaoYour provincial legal association will have a standard offer to purchase of some kind.
Natalie Cloutier
Coronavirus: email to send to your tenants
14 April 2020 | 160 replies
I suspect we’re on mandatory provincial quarantine where I’m at by Friday, and I do feel it’s possible for a countrywide quarantine in the next 10 days as well.The text:Morning ________,Just wanted to fire a quick note saying I hope you’re okay and if you need anything let me know.