Bad tenants are something that every landlord will experience and be forced to deal with at least once during their real estate career – and that’s if they’re lucky. A bad tenant can cost landlords thousands of dollars in missed or late payments or damages, hours of valuable personal and professional time, and many headaches …
Bad Tenants and the Role of Property Management: A Cautionary Tale Read More »
Leaving a property to your children in Ontario after you pass away is an extremely important part of many people’s wills – your will is drafted to ensure that your estate is distributed in accordance to your wishes. Making sure that inheritors don’t take a tax hit is probably something you’ll want to take into …
Earlier this month, the Toronto Real Estate Board (TREB) released its Market Watch report for February 2018. The report revealed that the price of Toronto homes continued to rise 4.2% over January’s prices, in spite of declining real estate sales. The rise in home prices in February comes after the implementation of stricter mortgage lending …
TREB Market Watch Reveals Favourable Conditions for Toronto Landlords Read More »
Over the course of your career as a landlord, you’re bound to experience at least one serious problem with a tenant. This may be due to rent or utility payment disputes, noise complaints, pest infestations, or a general lack of respect for your property or other tenants. No matter what the problem happens to be …
How to Solve Difficult Problems with Toronto Tenants Read More »
With the legalization of marijuana on the horizon for Canadians, there’s plenty of reason for some to feel apprehensive about the changes that will follow the coming legislation. Many Canadian landlords have expressed concern about the possibility of future tenants growing marijuana within their homes or units, and how landlords are expected to deal with …
Getting Ready for Legal Marijuana as a Toronto Landlord Read More »
With post-secondary school application deadlines quickly closing in, it might be time for parents to start thinking about where their children are going to be living during their first years away from home. One of the most attractive approaches to student housing is a very common one – parents purchasing a home for their children …
The Toronto Real Estate Board (TREB) have recently issued its monthly market figures, where it was revealed that the total number of Toronto real estate sales in 2017 had fallen quite dramatically in comparison to the record numbers in 2016. TREB has laid the blame on government policy decisions, which it maintains played heavily in influencing …
Government Taking Heat for GTA Real Estate Sales Drop Read More »
A number of factors, including the enforcement of strict rent control regulations leading to fewer developments being created, have resulted in Toronto seeing rental vacancy rates being the lowest they have been in 16 years. These record vacancy rates can be looked at as a major opportunity for Toronto real estate investors for a variety …
Lowest Vacancy Rates in Toronto in Years Means Opportunity for Landlords Read More »
First-time homeowners looking to invest in Canadian real estate in the coming year will face new mortgage rules as of January 2018. The new mortgage rules marks the seventh time that Canadian mortgage rules have been tightened since July 2008, and will see inexperienced borrowers face financial “stress tests” in order to qualify for uninsured …
What the New Mortgage Stress Test Rules Mean for Canadians Read More »
The city of Toronto is considering implementing rules for short-term rentals offered by platforms like Airbnb. The proposed regulations have been anticipated by city officials for some time, focusing on creating a registry of landlords and potentially only allowing short-term rentals of rooms in principal residences. While the implementation of new regulations and the growing …
Short-Term Rental Rules Could be Coming for Toronto – Here’s Why You Shouldn’t Care Read More »
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