Having solid tenant retention strategies is extremely important for all landlords – retaining long term tenants eliminates the need to search for ideal new tenants, and lets you hang onto good tenants for as long as possible. High turnover is time consuming and costly, affecting your ROI as a landlord and real estate investor. It’s […]
5 Great Ways to Improve Tenant Retention for Toronto Landlords Read More »
Being a Toronto landlord can be lucrative and rewarding, but there’s a great deal that you need to know in order to ensure that your experience is a positive one. Being able to identify some of the most common mistakes made by inexperienced Toronto landlords will help you to avoid those same errors and get
Top 5 Mistakes Made by Toronto Landlords Read More »
On October 17, 2018, Canada became the second country in the world to fully legalize recreational use of cannabis. Though this groundbreaking decision presents exciting new opportunities for Canadians, a number of questions regarding the use of cannabis still remain for some – specifically for condo owners. A number of Toronto-based condo boards have made
Cannabis Legalization and What it Means for Toronto Condo Owners Read More »
It’s important for Toronto real estate investors to understand their limits as a landlord, especially if they are new to being a landlord. Landlords have to be careful that they respect the privacy rights of their tenants, especially throughout the tenant application process. Landlords need to follow the regulations set by organizations like the Landlord
What Are Landlords Legally Allowed to Ask About Applicants? Read More »
Buying a Toronto condo can be a terrific investment for anybody looking to start investing in the rental market – they’re usually situated in the most highly sought after parts of the city, feature many of the desired amenities, and generally require less maintenance than other properties do. Unfortunately, some Toronto condo owners have found
Toronto Condos, Airbnb, and the Importance of a Respectful Property Manager Read More »
The unexpected death of a tenant is a situation that no Ontario landlord wants to face, but the reality is that it could happen at any time. It’s important for landlords to understand how to properly deal with the death of a tenant, especially when dealing with the family of the deceased, their property, and
What to Do If Your Tenant Has Died Read More »
One of the most complicated situations that may arise for any Ontario landlord is having to deal with a bad tenant with a diagnosed mental illness. While mental illness absolutely does not determine whether a tenant will be a good or bad tenant, you have additional considerations and responsibilities as their landlord. Your responsibilities and
Renting to Tenants with Mental Health Issues Read More »
How Often Should Landlords Perform Inspections? Your real estate investments are an important part of your life, and it’s natural to want to keep on top of things through property inspections – knowing when and how to perform inspections on your properties can be a very tricking thing to navigate, especially for first time
How Often Should I Perform Inspections? Read More »
During your career as an Ontario landlord, there’s a fairly good chance that you’ll encounter a tenant who is charged with criminal activity or jailed while living in your unit. It’s important for landlords to understand their rights and the rights of their tenants, and to approach these situations in a professional manner in order
With the long Canadian winter finally over, some Ontario landlords may find that their tenants have not paid their utility bills and may be facing shut off – especially now that spring has arrived and electricity disconnections can once again take place. When dealing with tenants who have not paid their utilities, it’s important to
What to Do if Your Toronto Tenant Has Not Paid Their Utilities Bills? Read More »
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