The life of a landlord is never easy. Designing and marketing your condo units is only the beginning of the job. Once your tenants have moved in, you’ll need to deal with all sorts of maintenance and repair issues as and when they arise. From broken heaters to leaking pipes,...
As a landlord, you need to be able to rely on your tenants to pay their rent. When tenants struggle with their personal finances and fail to pay their rent, you can easily run into serious financial problems of your own. That’s why it’s crucial for every landlord to understand the...
Tenant screening is a crucial part of the leasing process that’s often overlooked by private landlords. A thorough screening process ensures that the potential tenants are reliable and suitable for the tenancy. Without proper screening, landlords run the risk of allowing poor quality tenants to live in their property. This can...
There's something different about the Toronto waterfront area. Suburbs like Etobicoke, Mississauga, and Scarborough still feel very "Toronto," but they all seem to have a little something extra. Real estate here ranges from impressive waterfront estates to charming bungalows that are part of the rich history of the city. But it's...
Whether you’re a first-time landlord or a seasoned professional, the rental industry is constantly shifting and evolving. This year, you can expect to see rental trends moving faster than ever. In order to stay competitive as an Ontario landlord, make sure you tick everything off an up-to-date to-do list. Here’s our...
Starting out as a new landlord is both exciting and terrifying in equal parts. There’s plenty to look forward to, but there’s also lots to learn. As any successful landlord knows, the venture comes with lots of potential risks. Before you start marketing your units and signing lease agreements, it’s crucial...
Are you a homeowner looking to rent out your condominium unit to a tenant? There are many laws governing the relationship between landlords and tenants that you must know before renting out your property. The Residential Tenancies Act (the “RTA”) sets out the rights and obligations of both tenants and landlords...
Investing in property takes quite a lot of research. You need to examine all factors of the property carefully. From finding a property in an area with few vacancies to making sure the market value of the property makes it worth paying for, there is a lot of work associated...
It’s rare to find a property management company that has an in-house legal department to help settle minor disputes tenants and landlords may have. At Del Condominium Rentals, we add value to your property management by keeping all services in-house, so there are no concerns about delays, miscommunications, or confidentiality. One of...
With the current housing crisis happening in Toronto, Airbnb and short-term rental rules have been under scrutiny. The housing market remains unaffordable for most, rent continues to increase, and many Torontonians are starting to feel the pressure. Downtown condo owners have benefited from the short-term rental market for years, renting their...
/*! elementor - v3.8.1 - 13-11-2022 */ .elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=".svg"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block} Being a landlord can be very satisfying, and it can provide some consistent income for you, but it can also be time-consuming and stressful having rental problems. Many things can come up that require your attention as the landlord, and...
[caption id="attachment_522" align="alignnone" width="700"] Property Management Company[/caption] You have purchased a condo and are ready to find a great tenant to rent it. You know that renting out your condo takes a lot of time and effort, so you’re going to hire someone to look after it for you. You’ve heard...
[caption id="attachment_513" align="alignnone" width="700"] Short-term Rentals vs Long-term Rentals[/caption] We often get asked about the differences when it comes to short-term rentals vs. long-term rentals. Many condo owners are attracted to the idea of short-term rentals, and the numbers don’t lie. Short-term rentals have skyrocketed in popularity between 2012 and 2017, and...
The relationship between a tenant and a landlord is often a delicate one. While some relationships can be rewarding, others can be challenging. One side is paying to make this condo their home, and they want to feel like they are getting what they paid for. And the other side is...
Condominium living is, in a lot of ways, living in the heart of our modern sharing economy (share and save). Tenants and owners in every condo building across Toronto pool what they've got to turn it into more: an exercise room instead of a hundred gym memberships, or a...
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