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Things Tenants Leave: Funny or Scary?

February 22, 2010 Property Management

My parents were renovating a property of theirs after a tenant has moved out. You find all sorts of funny things tenants leave, but this was a new one.

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Finding Dead Bodies

December 26, 2009 Property Management
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While I’m taking some time off at Christmas I’m recycling some of the best old posts here. Enjoy, and Merry Christmas! The hardest part of investing in real estate is property management. Sometimes it’s more tenant management than property management, but either way…. Next to concerns over cost and market projections, dealing with tenants is [...]

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Explore Your Business Culture

October 24, 2009 Business

Tom and Nick Karadza run a Toronto area real estate brokerage that does a lot of investment-related work. They’re investors themselves and I know that some REIN members out east know them reasonably well. Some of their stuff is a little too over-the-top, but they sure know their stuff. Nick makes the good point in [...]

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30 Days Might Mean 60 Days

October 23, 2009 Law
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One of the most important things you do as the manager of a rental property is communicate with the tenants. For things like rental increases, evictions, major repairs and the sale of a property you have to serve official notice, and you must follow the notice periods laid out in the Residential Tenancies Act. The [...]

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Christmas Gift Baskets

November 23, 2008 For Real Estate Investors

I buy my customers Christmas presents. Nothing, big, just a basket of goodies, but something to make them feel good. The real point of writing about this is to tell you about two amazing groups of young women, one in Calgary and one in Toronto. Both have started a small business supplying baskets for real [...]

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Bugs in your Buildings? (Protecting your Real Estate Investment if you Self-Manage)

May 14, 2008 Property Management

I was listening to the April REIN meeting CD that they send me and Barry Maguire from the Ritchie Mill Law Office was talking about leases. He told a story about a court case where the lease said the tenant could have a gecko….but didn’t realize that geckos eat live crickets. I had to laugh, [...]

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