How a Property Management Company Can Increase Profits
For many property owners, the last thing they want to consider is hiring someone to manage their rental properties, fearing that doing so will slice into their profits.
Toronto Tenant/Landlord Relations
Tech Tools for Toronto Landlords
There are a number of websites, software-as-a-service solutions, and apps out there that can be very handy for landlords. But we all know the frustrating feeling when we read about something really cool and find out that we can’t use it because we’re Canadian. We’ve curated a list of tech tools that Canadian landlords …
How New Mortgage Rules Affect Landlords in Toronto and the GTA
New rules on mortgages were just introduced by the federal government October 17th to make sure that new homebuyers are not taking on more debt than they can afford with a potential rise in interest rates.
Will Being a Landlord in Toronto Make Me Rich?
Being a landlord won’t make you rich, but if managed properly as a business venture, it can certainly make you money. Anyone spreading the idea of rental properties as a get-rich-quick scheme is selling exactly that: a scheme. Owning Ontario rental properties offers a solid long-term return in slow building of equity in a property. …
7 Tips for Marketing Your Toronto Rental Listing
So you’ve renovated, refreshed and staged your Toronto rental property to be viewed by prospective tenants. After all that investment, how are you marketing it?
Residential vs. Commercial Property Management
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.
Relationship Building Can Increase a Landlord’s Success Rate
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 …
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When Should You Turn Down a Rental Application for Your Toronto Property?
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 »
Do’s and Don’ts for Renovating Your Toronto Rental Property
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 …
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An Ontario Landlord’s Best Practice Guide for Avoiding Bad Tenants
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 »