The Ontario Rental Tribunal sets maximum amount a landlord can raise their tenants every 12 months. This amount is often no more than an inflation raise of 2% - 3% of the current rent.

Because the amount is so small, I really don’t want bother raising rent on my reliable, responsible tenants.

At the same time, if you, as a landlord request last month’s rent as a security deposit, the Ontario Rental Tribunal requires that you pay the interest back to the tenant on it on annual basis. The interest amount is equivalent to the maximum amount the landlord can their tenant’s rent.

The reason for this, is so that if you, as a landlord, were to raise your tenant’s rent to the maximum amount, you would not have to pay your tenant the interest amount back for last month rent. This is because the last month’s rent goes up and your tenant would have to pay you the additional amount, which is equivalent to the interest amount you have to pay back your tenant.

Now, this law is very discouraging. It is discouraging because by law, you have to pay my tenant the interest amount for last month’s rent and to prevent that, you have to raise your tenant’s rent to the maximum amount. If you do not, then your tenant is legally entitled to the interest payment for last month’s rent.

This law literally encourages you, as landlord, to raise your tenant’s rent to the maximum amount.

Regardless, what I do is I ignore the law. As terrible as that sounds, it is in the best interest of my tenants. If my tenants were to make a fuss and request for the interest amount, I would then and only then, raise their rent. That usually prevents them from making a fuss as well.



Passive Income

Property investors have had it good for the last few years.

It’s been pretty easy for lots of people in many areas of the country to make money buying a property to rent as a long-term investment.

All you needed to do was get the basics right: pick your target market carefully, find a good location (rural property has been especially popular), and buy a home for less than its market value… old fashioned homes that needed updating were perfect for this.

But looking forward, the future doesn’t seem so clear for 2008 onwards. There are several issues that could affect both the short and long-term returns from property to rent.

First off is the question of house prices. Prices may have gone down in some areas; certainly there seems to have been a slowdown in growth of prices across the UK. This affects how many houses are put on the market, and therefore the supply of buy-to-let investment properties.

Interest rates have also had an effect on how much profit you can make from property to rent. There have been five rate rises since August last year. Many believe we are due for the rates to drop at some point over the next few months - maybe even when the next interest rates announcement is made next week.

And the other issue that has affected the housing market significantly is the introduction of Home Information Packs, or Hips. They were introduced for four bedroomed houses on 1st August this year, extended to three bedroomed properties on 10th September, and will be extended to all houses from Friday 14th December.

Experts believe they have slowed down the number of houses put on the market this year and may continue to have an impact next year. Over time, people will get used to the need to put together a pack of documents before putting their house up for sale.

So those are the issues which have affected investors this year. But there is good news from two investment firms, for people looking to buy more property to rent next year.

Investment firm Assetz believes 2008 will be a strong year for investors and the buy-to-let market will benefit from high levels of demand.

It has looked at a prediction from the Council of Mortgage Lenders that house price growth will be just one per cent in 2008.

The firm says that is nonsense. It believes the effect of market forces will push growth to 5% next year. The firm’s analysts think lower interest rates and a lack of supply of houses will push prices up.

And if you are an investor in property to rent, there’s even more good news. Assetz thinks 2008 will see an increase in the demand for rental accommodation.

This year demand went up by 10%, and it thinks that figure will be the same next year. It says its predictions appear to be supported by analysis by the Royal Institution of Chartered Surveyors and the Association of Residential Lettings Agents.

Meantime a study from a different investment company appears to back up the prediction.

Property for Life’s figures show interest in property to rent rose in six regions across the country between June and November this year.

In one area, the Midlands, the number of people who registered interest in property to rent went up by a staggering 25 per cent. Enquiries from people in the south west also went up significantly.

It also points out that investors will benefit next April when the new flat rate of capital gains tax comes into force. It was outlined by Chancellor Alistair Darling in his pre-Budget report.

So all in all, it does look like 2008 could turn out to be another good year to invest in a house to rent out.



Quick House Sale

The rental housing options have been diminishing especially for common man as real estate prices increase to unreachable heights. Despite the fact that the housing options are becoming expensive for the mediocre; the possibilities of extending rental housing could not be extrapolated. Increased property prices all over the world has made tenants, lodgers face many predicaments when they opt for renting houses. One of the foremost issues of concern is the legal provisions for rental housing.

If the builder intends to let out housing stock to prospective lodgers for earning legitimate income he has a few legal safeguards. Some laws put the entire burden on the owner for repair and maintenance leaving no possibility for him to recover the damage caused by the tenants. From the investment and financial perspective, the rental housing is not a very attractive option for many builders, who speculate the sale of properties providing them exponentially high profits. Holding on to properties for tenancy is considered less productive and a cumbersome measure. Many conflicts and disputes are observed in tenancy relations who affect the overall status and performance of rental housing. The most prominent of which is the owner-tenant relationship.

Generally, properties are let out through legal agreement which stipulate the usual conditions such as amount of rent, payment limitations and modes etc. There are grave violations, overstepping and mistrusts in the observance of tenancy by both the parties. Once the property is rented out the owner is in a captive situation .He has to make efforts for recovering dues, when lodger refuse to pay rent and ask him to adjust it from the security deposits. Often the tenants sub-let the part of the premises without the intimation to the owner.

The worst scenario is the utilization of properties for anti-social and objectionable purposes. Such properties lose their utilitarian value due to the tarnished status of their past, Instances of fraud and forgeries are a usual ailment in tenancy relations. Estate agents create a nuisance in the world of rental housing, in achieving their sole objective of earning commission from both tenant and owner, they tamper documents, prepare fake document, misinform parties about property particulars etc. Another bone of contention is the annual increment in rents. Though the gravity of these issues faced by the rental housing sector prevail yet it contains prospective for resolutions and remedies to overcome these predicaments in order to provide people unable to afford buying houses so that one of their basic needs to survive can be obtained to the optimal level.



Quick Property Sale

Hawaii is an archipelago and according to various surveys it is the most preferred holiday destination among vacationers. Hawaii is popular because of its waters, clean beaches, and general holiday spirit.

Because of the influx of tourists in Hawaii every year, residents and hotel owners continue to modify their vacation property options to attract customers.

Tourists usually like staying close to the beach, which is why one of the prospering businesses in the Hawaii are beach house rentals. Homes in Hawaii, whether in the beach or not, are considered residential real estate. People who own beach houses in Hawaii only use them during special holidays and rent out their beach houses when they are not using them.

This not only helps them save on taxes, but also generates additional income. Guests like Hawaiian houses for rent because it gives them more privacy and freedom while on vacation in Hawaii.

Renting a house is also cheaper for the guest if he is staying in Hawaii for a long period of time. The prices vary depending on the amenities, number of rooms, and location of the house. The cheaper houses can range from $200 to $1000 a night, while large houses with many amenities may cost around $6000 per night.

In general, renting a house means that the guests will have to do their own cleaning and cooking. It is also cheaper if there are many people renting the house. The prices for renting houses in Hawaii are negotiable, so it is possible to find cheap houses with good features if you look hard enough.

Depending on what kind of vacation you want to have, there are many kinds of residential structures for rent that you can choose from. If you want to stay on the Island for a few months look into working for room and board. If you get the opportunity to share a house with someone who is already on the Island and you’re up for adventure.

Knowing people from the area will give you a head start on finding out what to do and where to go. Who better to hang out with then fellow travelers? By using a site like Craig’s List you’ll be able to check out your compatibility before you go!

Staying in a home with a kitchen will also save you tons of money on your vacation. Visit the Farmer’s Markets in Hilo and Kona, and take advantage of the cheap and plentiful seafood, then cook yourself. This is a lifesaver for families with children. And, contrary to popular belief, food isn’t expensive in Hawaii. There are discount grocery stores in all the major towns!



Real Estate Professionals

HOUSE ENERGY CORRECTION, HOROSCOPES, KARMA & CRYSTAL ENERGY FIELDS : PART II

House Energy Correction is the concept of controlling the 8 Directional Energies; 7 Chakras and 7 Energy Bodies of the People; Boosting and Balancing the 5 Elements of the Lands & Buildings. Simply stated, it is the Total Energy Rectification of Horoscopes of the Family Members and Business Partners; Vaastu and Fengshui Energy Correction for their Lands & Buildings. Read the revealing FAQs about unique Crystal Energy Fields based on the Ancient Siddha Programming Techniques for Karma Correction. This is the second of a series of 3 parts of FAQs.

Question 9 : Can you describe a Special Feature or a Special Crystal Energy Field ?

Oh yes. There are 3 high end CEF series called Crystal Karma Gate, Crystal Karma Galaxy and Universal Crystal Galaxy (Rainbow Series). There are many special features in these models, eventhough one aspect really stands out. It is that they have a built-in Energy Ball Generator : all of your morally and ethically correct positive thoughts, wishes and tasks - whether personal or professional - are assigned to individually created (invisible) Energy Balls. The Energy Balls are programmed and energised accordingly and automatically, so that they maintain the right level of energy push and energy pressure until the event happens or the wish realises, fully. Fantastic, isn’t it ? To learn more about the newly launched Crystal Energy Fields, browse http://www.crystal-vaastu.com/whatisnew.htm

Question 10 : How long does it take you to create a Crystal Energy Field (CEF) and then for results ?

My CEFs are custom built from the scratch. They are not to be compared with market-ready Reiki Grids and the like. Depending upon the model, anywhere between 4 to 12 weeks will be needed. The results start coming after the first 3 months of installation of the Crystal Energy Fields.

Question 11 : What happens when the client shifts his house or office - does he have to redo the House Energy Correction once again ?

I am glad you asked this question. Unlike other remedies which are place-oriented, mine is customer-oriented. All my CEFs are programmed to re-tune themselves to any new house or office, automatically. Which means when a client shifts to a new building, his CEF auto-tunes itself for this new place. It cleanses, boosts and balances the 5 Elements of the new land and building and integrates it to the client’s family karma. In fact the CEF is safely installed inside a box that is comfortably portable.

Question 12 : And if there are any Vaastu or Feng Shui defects in the building ?

Any negative energy arising out of defects in Vaastu (Indian Vedic Vastu Vaastu Vasthu Vaasthu Shastra) or Fengshui (Chinese Feng Shui) are fully nullified by the CEF. There is no need for any alteration or demolition. Similarly the Geopathic Stress Levels as per the European Bau Biologie (Building Biology) are also totally corrected.

Question 13 : What about the people who live in rented house or shared apartments ?

It does not make any difference whether the native is living in own house or rented house or is sharing a flat with several other occupants. The House Energy Correction is done for a particular family or individual in the specific context of their currently residing living space. When the native shifts to another rented or own building, the CEF automatically does Energy Correction for this new living space. All other occupants continue to exist as per their Karma. There is no clash of interests here.

Question 14 : What if the different members of the same family live in different homes ?

Even if different members of the same family live in different homes or even different countries, still my CEF will reach out to them with ease. Only thing is that the CEF used for House Energy Correction will be of a different category with some high end Crystal Programming.

Question 15 : What you are saying is that your House Energy Correction takes into account the Horoscopes of the Family as well as the Vaastu/ Feng Shui/Bau Biologie of their property ?

Absolutely, but it is more and beyond that. It envelopes not only Birth Horoscopes but also Progressive and Gochara Horoscopes. It not only takes care of Vedic Vaastu Shastra, Oriental Feng Shui & European Bau-Biologie, but also the concepts of Gochara Vaastu and the Chinese Flying Stars Fengshui too.

Question 16 : Reverting back to our earlier conversation, how does “Programming” differ from “Energising” ?

“Energising” is the process of filling the remedy (whether it is Crystal or Feng Shui Cure or Pyramid or Sacred Geometry Yantra) with auspicious and positive energy, to last for a long, long time. “Programming” is the process of empowering the energy itself. In other words, “Programming” means defining and dedicating the positive energy to execute and complete specific tasks for specific people. Mere energising is not enough. Programming of remedies is a must.

A classical example will be the Computer. Like Computer, any good remedy is a powerful hardware. But you need to connect and switch on the Computer to make it active and stay alive - which is “energising”. For the Computer to operate meaningfully, you need a proper software. That is the “programming” part.

Question 17 : How do you say your Crystal Energy Fields are “custom-built” ?

Crystal Grids or Crystal Energy Fields sold in the market are based on some regular designs, say, for healing or health. Here the crystals are simply assembled, mounted, (some are even) energised and sold off to the customer. There is either no programming at all or very rudimentary programming. The crystals are not selected exclusively for the customer or for his specific problems. A classical example would be what is popularly called as a Reiki Crystal Grid.

In my case, the Crystal Shape, Crystal Colour, Crystal Power and the Quantity of the Crystals are individually selected based on the Karma of the customer’s family, business, lands, buildings and the problems he is facing as well as those he would likely face, in the future. Then the Crystals are Programmed and Energised. The Crystal Energy Field is near-permanent. It will work only for the programmed tasks, for the programmed people only. There is no energy loss involved. Thus it is custom-built.

Question 18 : How do you decide which particular CEF is most suitable to a particular c;lient ?

The Energy Consultant, who builds the CEF, is necessarily a Clairvoyant, Clairsentient and Clairaudiant, apart from other qualifications. With Clairvoyance or Sookshma Drishti, the CEF Consultant scans the Energy Levels of the People, Lands & the Buildings. Without Clairvoyance, one cannot practice Energy Correction. Sometimes, Divining Tools like Tarot Decks, Runes & I-Ching Coins also are used. This Energy Reading Consultancy process is also called as an Energy Audit. You can learn more about the Energy Reading here : http://www.crystal-vaastu.com/energy_audit.htm.

Question 19 : What does an Energy Audit or Energy Consultancy reveal ?

Energy Consultancy or Energy Audit helps one to better understand his/her energy levels which actually influence everything in his/her life. The resulting LifeForce Energy Assessment Report will briefly furnish the following details :

(1) the Energy Beams that a person (or his/her family or his/her house or office) receives from all the 8 Directions (including planetary energy streams) - whether they are positive or negative and in what percentage and what their impacts are;

(2) the personal energy levels of the person : energy conditions of the Energy Centers or Chakras and the Energy Bodies;

(3) the balance or the imbalance of the Five Elements of the person’s land and building;

(4) identifying root causes of problems, Karmic baggage, if any, etc.;

(5) Recommending the ideal CEF (Crystal Energy Field) for the person (or family or business), not just to solve the current problems but to correct the Karma itself.

To have a look at a sample of the LifeForce Energy Assessment Report , browse here : http://www.crystal-vaastu.com/lifeforce_report.htm.

The FAQs will be continued in Part III.

This is copyrighted work. Permission is granted to republish (both in electronic media as well as print media) the article in it’s entirety only, including the full bio of the author and his links. All links should be “clickable” hyperlinks. An acknowledgement mail from Republishers will be appreciated.



Quick House Sale

Rent try buy is a scheme where the renter of a property attempts to buy it at a later stage. People rent a house for many reasons, of which the major being, lack of funds to put up a mortgage. In a critical financial position the first option that comes to ones mind is renting an accommodation. This is a safer bet. But every human being has a dream to possess a house during their lifetime. For them, the best alternative would be rent try buy.

Managing funds to buy a house is an art by itself, with a little bit of homework this task could be accomplished with ease. The first major factor would be to have good credit scores. A good score can make you eligible for a loan and it is the gateway to your dream house. In case your ratings are poor, then work on the rating, rent an accommodation and use the time to improve your scores. Rent try buy will certainly work in your favor.

First time home buyers have the advantage of lower down payment. Look for such programs and utilize it to your benefit. Government sponsored programs are available, which can help you to buy a home.

Rent try buy option helps to save for the down payment. A 20% down payment will help and the balance can be acquired through mortgage, if your credit ratings are good.

Rent try buy gives you lot of time to shop for the right house. Do not force yourself into a buy. A leisure shopping for house can save money as well as unwanted complications which may crop up at a later stage. You can search for a property with the help of the internet. There are number of online property shops available where you can choose a house of your choice which fits your pocket.

Before locating a house, decide what type of house you would require, like how many bedrooms, bathrooms, garage, with or without lawn, ventilation, play space etc. Instigate a search only if you are sure of these. Of course the price also matters. See how much you can pool in and how much mortgage you can afford. Since, monthly payments have to be made; a thorough calculation is required before deciding to own a property. All this thinking should be done before choosing a rent try buy scheme.

A property that comes with rent try buy option should suit your requirements. Do not select a property just because they have less down payment or cheaper rents. Such selections are likely to have some hidden cost. Be careful before you choose rent try buy plan. A thorough reading of the documentation is mandatory.

In case of any doubts in the documentation it is advised to consult experts in the field, as they might be able to help you better. Consulting a legal adviser can rescue you from embarrassing situations. Ultimately, rent try buy is no doubt the best option for first time buyers.



Passive Income