The federal government has announced changes to the mortgage stress test for the first time since its introduction in January 2018. The changes will see home buyers around the country have more buying power, benefiting all those looking to purchase a home in the coming months – especially first-time buyers. Here’s what you need to …
Big Changes to the Mortgage Stress Test Give Home Buyers More Buying Power Read More »
The summer is finally here, bringing with it brutal heat waves, sweaty days and nights, and the almost inevitable introduction of air conditioners in houses and apartments across the city. Air conditioning provides relief for many tenants around Toronto, but it’s also been the cause of many conflicts between Toronto landlords and their tenants. Before …
How Toronto Landlords Should Handle Tenant Air Conditioning Read More »
Being a Toronto landlord can bring with it a host of rewarding experiences, but it isn’t without its complications and difficulties. Performing the many duties expected of a landlord can be an extremely time consuming job, especially when factoring in schedules that can include important elements like full-time jobs, families, friends, and hobbies. This is …
When Should Toronto Landlords Hire a Property Management Company? Read More »
Renters insurance, commonly known as tenant insurance or content insurance, is often overlooked by Ontario tenants, especially since it isn’t mandatory to have, and the majority of landlords don’t require their tenants to have it. While renters insurance is rarely mandatory, it is highly recommended for all tenants. Renters insurance can be extremely useful in …
Having to evict a tenant is never an easy thing to do, and it’s usually not a simple decision to make. If you’ve decided that your only course of action as a landlord is to evict a tenant, then it’s extremely important that you do things correctly. Ensuring that you don’t make common eviction mistakes …
Throughout your career as a Toronto landlord, you’re going to see many tenants come and go – it’s in your best interest that the process be as smooth as possible. A smooth transition lets you hand the keys over to new tenants sooner, and ensures that your property is handed over in the same condition …
Move-In and Move-Out Checklists for Toronto Landlords Read More »
As Canadian mortgage interest rates continue to fall, landlords around the country are presented with a major opportunity for expanding the scope of their real estate investments. Bond yields have been falling steadily over the last few months, leading to fixed rate mortgages steadily decreasing. While this news is being looked at by some in …
The housing market has always been competitive, demanding more from landlords and property owners in order to stand out from the crowd. In the throes of the digital age, it can be very easy to get lost in the noise and go unnoticed by the potential tenants and buyers you’re looking to connect with. One …
How You Can Better Highlight Your Property’s Most Sellable Features Read More »
It can be difficult to know whether you should rent your property furnished or unfurnished – especially since both can present their own advantages and disadvantages for Toronto landlords. While it’s not necessary for landlords to provide furniture when renting out a property, it can make it a much more attractive prospect for tenants, and …
Should You Rent Your Property Furnished or Unfurnished? Read More »
Online reputation management is a reality that Toronto landlords have to get used to in order to maintain a positive image. Fortunately, reputation management for landlords is much easier than it sounds. With the appropriate amount of attention, responsiveness, and tact, you can ensure that negative online reviews won’t affect your income or reputation as …
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