Winter is a tough time for property owners, and it’s even tougher for Toronto landlords who need to be mindful of keeping their tenants safe from cold weather hazards like slippery snow. As a property owner, you’re responsible for keeping that property in good shape all year-round – even when mother nature has other plans. …
Is a Landlord Responsible for Snow Removal in Ontario? It Depends Read More »
Forged employment histories, fake credit scores, unreliable references – there are plenty of ways professional tenants can take advantage of unsuspecting landlords to get their foot in the door. Once they’re in your property, these fraudsters can run amok, skipping rental payments, causing damage, or even subletting without permission. Sadly this type of fraud is …
Forged Documents & Credit Scores Leading to Problems in Toronto Rental Market Read More »
One in seven fire-related deaths in Canada are due to a missing or malfunctioning smoke alarms. And every year more than 50 Canadians die of carbon monoxide poisoning. Incidents of both are more common in the winter months, when people are turning up their heating systems, decorating their homes, and getting together, so now’s the …
Fire Alarms & Carbon Monoxide Detectors in Your Toronto Property Read More »
The holidays are a time to decorate, get together, and celebrate the advent of a new year. They’re also a time to practice good fire safety. Candles, Christmas trees, even the holiday dinner, are all potential fire hazards so it’s a good time of year to share some fire safety tips with your tenants. Holiday …
With Canada expected to slide into a recession in early 2023 and the housing market softening, property investors are understandably worried. It’s important not to panic. There’s no denying that these are turbulent times, but there are ways to weather the storm. Real estate deserves its reputation as a solid investment. Short-term shocks won’t detract …
The delicate relationship between landlord and tenant depends, in large part, on mutual respect. Part of that respect is not barging in on tenants unannounced. Just because landlords own the property, doesn’t mean they can wander in and out, ignoring their tenant’s right to privacy. Not only are these spur-of-the-moment visits rude and unwelcome, they’re …
In the tight Toronto rental market, tempers can get frayed – leading to headline-grabbing stories of nightmare tenants, greedy landlords, and heated disputes. It doesn’t have to be that way. Building a harmonious and mutually beneficial landlord-tenant relationship takes work, but it’s well worth the effort to save both parties considerable stress, time, and expense. …
Toronto Landlords – 4 Ways To Improve Tenant Relations Read More »
There’s a lot that can go wrong in a rental, but heading into winter, a broken or malfunctioning furnace is one of the worst. If your heating fails, you’ll be left with very disgruntled, shivering tenants so it’s best to be proactive. Give your furnace a maintenance check at the start of the season, paying …
Is It Time To Replace The Furnace In Your Rental Property? Read More »
House sales across the GTA may be dropping but prices are staying flat, according to the Toronto Regional Real Estate Board’s (TRREB) latest forecast which indicates that affordability remains an ongoing challenge in the market. There were 5,627 home sales in Toronto this August – a 34.2% drop since the same period last year. Prices, …
Latest TRREB – Sales Dive But Prices Remain Mostly The Same Read More »
The shortage of student housing in Toronto has generated some interesting ideas from creative landlords. One in particular made the news recently for converting their Scarborough bungalow into a makeshift student dorm where renters share private bedrooms, the kitchen, and the bathroom. It might be similar to the situation in a university-run residence, and cash-strapped …
Shared Rooms – Too Far Or The Future Of Student Rentals? Read More »
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