As a real estate investor, if you are considering hiring a firm for property management in Toronto, it is important to understand the differences between residential and commercial property management services.
There’s tons of material out there to help you conduct the actual business of being a landlord – from rental rate calculators to advice on maintenance and repairs. But being a landlord also requires a certain amount of emotional intelligence and the proper cultivation and maintenance of relationships, both with tenants and everyone …
Relationship Building Can Increase a Landlord’s Success Rate Read More »
With the costs of real estate steadily rising in Toronto and the surrounding cities and towns, landlords can afford to be increasingly picky about who they rent to – there are simply more renters on the market right now. But that being said, renting is still a risky business, and you want to make sure …
When Should You Turn Down a Rental Application for Your Toronto Property? Read More »
Real estate in the Greater Toronto Area and Toronto continued to appreciate in terms of price and number of units sold in August 2016, according to the Toronto Real Estate Board (TREB). The amount of properties sold increased year-over-year by 13%, while the average home price increased to $710,410, a huge 17.7% increase. This is …
Look Up, Look Up, Look Waaay Up – August Toronto Real Estate Sales Up 13% Read More »
If you are considering hiring a Toronto property management company, you may not be sure exactly what such a company does. The responsibilities of a property manager can provide property owners with a number of benefits.
Property Renovation and Maintenance in Toronto How much money do you need to sink into renovations before you rent out a property? Some landlords overspend, some landlords barely do anything – but how do you draw the line on your budget? Keep your goals in mind You have two purposes for renovation – functional …
Do’s and Don’ts for Renovating Your Toronto Rental Property Read More »
When you are an investor with multiple properties scattered across the city, it’s pretty obvious you won’t be tending to them yourself. Driving around fixing things and solving other problems is somewhere between exhausting and impossible, not to mention expensive. Having someone on site, or at least nearby, who can respond to problems immediately and …
Worried about your property? Hire a Property Management Company! Read More »
According to The Huffington Post, “buying any type of residential property in Greater Toronto is 11.9 percent more expensive today than it was a year ago”. A recent article in The Vancouver Sun indicates that banks are currently monitoring the real estate markets in Toronto and Vancouver with thoughts of raising interest rates in order …
Should You Rent or Sell Your GTA or Toronto Home? Read More »
Being a landlord can be risky and currently Ontario law doesn’t favour the landlord. There are numerous examples of tenants “gaming the system” to avoid paying rent for months. Every landlord has a story about a nightmare tenant or knows someone who does. Stories of landlords with garbage and junk removal costs to clean up …
An Ontario Landlord’s Best Practice Guide for Avoiding Bad Tenants Read More »
It’s been a winning streak for the entire year of 2016 for the Toronto real estate market. As we slide into the last part of the year, concerns are rising significantly about the lack of supply of detached and semi-detached homes in the downtown and GTA markets, and the potential blowback on Toronto real …
Another Record-Breaking Month for Toronto Real Estate in July Read More »
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