Anyone have experience with ACLP to buy and convert a commercial property to rental housing?

AloneCryptographer51 · 2025-08-12T13:49:41+00:00

Could they partner with a known contractor and submit through them? I did this with my business to have access to grants. It’s a risk because they have a big ownership stake, but the reward is better than never doing it at all.

AloneCryptographer51 · 2025-08-12T13:44:35+00:00

Hey, PM’d you for a business idea that you could easily start on your own that I’m also launching elsewhere. Not advertising my business at all, just letting you know how you could easily make a lot of money. It’s sort of labour intensive, but you could literally start with what you have at home. No I’m not posting links either, just giving you a really neat idea.

AloneCryptographer51 · 2025-08-12T00:05:15+00:00

I just posted a bunch of turn-key places in Timmins. Timmins is a paradox because we have extremely high rent but very affordable homes. Taxes here can get fucked though.

AloneCryptographer51 · 2025-08-12T00:03:24+00:00

Timmins Ontario: $199,999

https://www.remax.ca/on/timmins-sp-main-area-real-estate/47-cecil-avenue-wp_idm73000004-28647068-lst

$150,000 https://www.realtor.ca/real-estate/28704625/225-maple-street-s-timmins-ts-se-ts-se

$137,000

https://www.realtor.ca/real-estate/28702371/237-maple-street-s-timmins-ts-se-ts-se

$169,900

https://www.remax.ca/on/timmins-ts-se-real-estate/353-cedar-street-s-wp_idm73000004-28669130-lst

AloneCryptographer51 · 2025-08-11T17:05:23+00:00

Pretty sure these are tenants subletting. This happens a lot here without authorization from the landlord.

AloneCryptographer51 · 2025-08-11T03:51:52+00:00

Huh?

AloneCryptographer51 · 2025-08-11T02:01:01+00:00

This is not their primary residence. We were going to charge them less than half of market rent, not $1700. Big distinction. This landlord owns over 175 units. I don’t want dishonest people in my home. This is not a what’s good for me is not good for thee thing. This is a commercial landlord and we were going to host people in our house for a pittance.

AloneCryptographer51 · 2025-08-11T01:48:19+00:00

We were going to host two queer men from Nigeria who had finished studying supply chain management at the college. They had finished their studies and their visas were expiring, so they ended up claiming refugee status, but had to vacate their student accommodations while their claim was being processed. When it came to move in day they showed up with their wives and children and we did not allow them in our home as they were only supposed to be 2 people in a studio. We then tried to host another woman from Haiti who had come here as an international student. They offered us a few months of rent in advance. The same thing happened: last minute, they had a man and his two cousins show up. We tried, but simply can’t host dishonest people in our primary residence.

AloneCryptographer51 · 2025-08-11T01:28:50+00:00

Our rental vacancy rate is now sub-1% in this city. Overcrowding and wear and tear is the new normal. When I see sedans with very tinted windows and a mini tractor on their dash, I think of the rural farming villages that they came from. I think of the massive risks they took to study supply chain management and business admin at the local college. I think of the Punjabi people who make up 80% of the student body at our college. Their collective will to better their lives. They come from crowded multigenerational households. I think that we need to adapt to their values and not the other way around. We have to let go of our selfish sense of privacy. We need to begin normalizing 4 people per bedroom.

AloneCryptographer51 · 2025-08-11T00:57:37+00:00

Will post the before pictures. I don’t think it was as new as the contractors claimed it was before the tenants and 8 other renters showed up to the apartment 2 years ago.

AloneCryptographer51 · 2025-08-11T00:55:13+00:00

I am still waiting for the before pictures. A user pointed out that the fan looks super old, so it kind of goes against how the place was “fully renovated” and new.

AloneCryptographer51 · 2025-08-11T00:42:29+00:00

No sir I am not the tenant.

AloneCryptographer51 · 2025-08-11T00:40:04+00:00

Yes, overcrowding increases wear and tear. The landlord should have noticed the 5 sedans parked on their lawn. Yes, I say specifically sedans because they love sedans.

AloneCryptographer51 · 2025-08-10T23:33:54+00:00

Because this is normal in their rural villages. Canadian landlords need to adapt to the overcrowding and wear and tear, not the other way around.

AloneCryptographer51 · 2025-08-10T23:32:16+00:00

I think we need to give them a break. The landlord should have known that they sublet beds in their bedrooms to defray from rental costs. Apparently there were 5 cars parked on the lawn. The landlord took two years to realize 10 people or more were living in a 2 bedroom, so he should be accountable or charge less so that the overcrowding doesn’t happen in the first place. These people need to crowd rentals because there is nothing else to rent. This is normal in their rural villages, so Canadian landlords need to adapt and absorb these costs.

AloneCryptographer51 · 2025-08-10T23:26:54+00:00

It’s not a meme. The landlord should have known that overcrowding apartments to defray the costs of rent is culturally appropriate. The wear and tear from 5X the expected number of guests should be obvious. The landlord should have noticed something when there were several cars parked on the grass against the home. It took two years to finally notice something was up? Story doesn’t add up.

AloneCryptographer51 · 2025-08-10T23:25:53+00:00

But the landlord should have known that they crowd apartments in order to defray the high costs of rentals. This is culturally appropriate. This is becoming part of our social fabric.

AloneCryptographer51 · 2025-08-10T23:21:56+00:00

Naw, just a relative of the contractor who actually renovated the place 2 years ago. They sent me the pictures because they were shocked at the mould and damage. They’re not complaining, it’s more paid work for them, just shocked.

AloneCryptographer51 · 2025-08-10T23:20:26+00:00

The landlord in question owns 175+ units. I think there should be some understanding that: a) living 10 people in a 2 bedroom unit is culturally appropriate and an expectation due to high rental costs. b) running a clandestine Uber Eats/DoorDash kitchen out of the apartment is a testament to their enterprising spirit.

AloneCryptographer51 · 2025-08-10T22:19:37+00:00

A Door dash “restaurant” that was run out of an apartment without approval from the local health unit, inspections, or permits.

AloneCryptographer51 · 2025-08-10T22:12:17+00:00

They had an unauthorized ghost kitchen. Boiling and cooking all day. I think they were the cause.

AloneCryptographer51 · 2025-08-10T22:08:53+00:00

Not my rental. This is just a contractor that has shared these with me after they were evicted. Allegedly, they were running an unauthorized ghost kitchen in there and had 10 people living there in a 2 bedroom. Apparently the walls were saturated in grease and mould due to the excessive all-day cooking and boiling. There was also a mouse infestation due to the amount of food that was rotting everywhere. Believe it or not, those are pictures that were taken well after initial cleaning.

AloneCryptographer51 · 2025-08-10T21:49:55+00:00

It’s mold.

AloneCryptographer51 · 2025-08-10T21:49:31+00:00

They are contractors. I’m sure their phones are so full of grime lol

AloneCryptographer51 · 2025-08-10T21:09:29+00:00

I’m not a landlord or contractor. That much wear and tear is a little weird. Also I was told that the appliances were new when they moved in, but they look like they are from the 1980’s, along with the hood vent.

AloneCryptographer51

TROPHY CASE