Don’t Discount Rent for Services

Don’t Discount Rent for Services

As a Landlord of a 3 unit property, should I reduce the rent of tenant no. 1 from $800 down to $400 for monthly property management services? ANSWER The amount of rent on the lease should remain at $800.  Each duty should be assigned a dollar value up to a total of...

Handling Big

If you are really good at what you do, big will hit.  And, when big hits, it’s all about handling big instead of allowing big to handle you.  We can all name a few famous people who were big but could not handle big.  Well this phenomenon does not only apply to...

Real Estate Relevent between the Peaks

Some time ago, while doing a mentorship, I grabbed a number of folders that contained properties that I had purchased in the city of Hamilton then proceeded to park outside each property and discuss the what, how and why I purchased each one.  We also discussed the...

If I Can, So Can You!

Scores of successful people make the statement, “If I can do it, anyone can!”, but is this really a true statement?  To be fair the statement originates from a place of genuine humility with an inclusive spirit.  Unfortunately it is not as clear cut and simple as it...