Purchasing a rental property can be a lucrative and rewarding investment. Whether you’re a first-time landlord or you already own a number of properties, you will need to decide whether you want to manage the property yourself or find the best property management company in Toronto that will take care...
Are you a homeowner who has recently begun the process of real estate investing and currently have a vacancy in your property? Did you know that you may incur taxes on a vacant condo or home?When a residential property (home or condo unit) is unoccupied or not being used as...
So your lease is up, you've hit the market—and found the perfect place to call home. The only problem? All this stuff. Moving is a great time to do some thorough decluttering, take stock of what you own, and decide what's not coming with you into your new home, new neighbourhood,...
Landlord and tenant disputes are unfortunately a common occurrence, but they can be avoided with proper communication and mutual respect between all parties. Oftentimes, it's hard to determine who is at fault when an agreement is breached or the law changes. In order to prevent conflict, it's best to keep...
With inflation and costs of living going up around the Greater Toronto Area, rental increases are common and even expected. This could affect tenant turnover, more repairs, maintenance, landlord-tenant disputes and an increase in eviction rates. For a landlord and real estate investor in Toronto, that’s a lot to think about...
Investing in real estate can be a great way to diversify your investment portfolio and add a steady passive income stream to your business. There are many investors who can benefit from investing in real estate. Whether you are a business owner needing to generate a steady passive income stream...
If you are a landlord or tenant in Ontario, chances are that you have heard of the ongoing Landlord and Tenant Board (LTB) delays. Unfortunately, despite promises by the LTB administration to reduce wait times for hearings, relief is nowhere in sight. The average wait time for an LTB hearing is...
Green building design is one of the best trends to hit Toronto in the last two decades. Whether it's solar panels on the roof, the Green Bin program branching out to high-rises, or current plans to expand the Deep Lake Water Cooling System, it's getting easier and easier to keep...
Do you currently work with a condo management company? Are you unhappy with their service? There are many reasons why your relationship with an existing property management company may not be working out. Whatever the reason, you may find yourself searching for a new condo management company. Things are not always...
A quality and qualified tenant can make the difference between a successful and struggling income property These tips below will help you understand what is needed to acquire and keep an ideal, long-standing tenant for your condominium rental Finding an ideal tenant can make the difference when it comes to...
When it comes to getting your keys first, you may face some competition looking for the same unit you are Having everything prepared before you step foot in a condo rental showing really could make the difference between getting the keys or having to go back to searching for...
With the right planning and strategy, you can automate your real estate investments This allows you the potential to scale up and even grow your investments more quickly over time In this day and age, automation is common in just about all aspects of life now. It’s in our businesses,...
Some of the following must-haves may not suit your current situation with your condominium unit Allow this list to be a guide on where to improve your current space or look for your next condo investment The ideal tenant is someone who is consistent with your expectations of them, is...
Before you begin searching for an apartment in Toronto that fits your lifestyle and budget, think about your priorities first Be sure to weigh your lifestyle priorities based on their importance to your life Gather everything you need ahead of time so you are ready to make a decision...
As a landlord, you probably already know that some aspects of the job are less fun than others. One of the least enjoyable tasks is trying to fill an empty unit. Not only is searching for tenants time-consuming and frustrating, but it can also be fairly costly. The longer your unit...
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