Are you thinking of purchasing a rental condo in the Toronto area? There are many things to consider when it comes to becoming a rental property owner. You have to consider things like resale value, any renovations you’ll need to make, comparables, what amenities exist, and what the rental market looks...
Aspiring first-time and real estate investors alike often overlook one significant avenue to sharpen their investment strategies: visiting open houses. An open house is more than just a casual visit; it's a learning opportunity. Let's uncover why these visits can make you a smarter investor. Gaining Market Insight in Real Time Unlike online...
Owning a property is a huge risk financially, especially when you decide to rent it out to a tenant. There are many codes property owners must follow. Other tasks like finding tenants, maintaining the property, and communicating with them take a significant amount of time. Some property owners will try to...
It doesn’t take long for most condo owners to realize how time-consuming it can be to manage your rental property. Staying on top of the upkeep at your condo and dealing with incoming or outgoing tenants can eat up a huge chunk of your time, especially for someone who is inexperienced....
Being an investor who owns real estate in another country can come with many risks. Dealing with tenants across time zones and continents makes hands-on property management difficult. These alone are popular reasons why many overseas landlords turn to property management companies. Knowing the exact state of your property is important....
Investing in real estate is a major decision, involving possibly large amounts of time, money, and energy. This purchase does not only become part of your life but is part of a local community and a future home for members of this community. With a decision this big, the more information...
Condo investing in Toronto can be a great way to make money, but before you jump in, you should know the pros and cons about investing in condominiums specifically. Condos offer investors a potentially lower-cost, lower-maintenance option that could give them a high return on their money, but the condo...
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...
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,...
Pre-construction condos can be a great way to plan out your rental investment Not only can you receive passive income from your condo investment with a rental tenant, but you may also find your investment growing in profit when you are ready to sell All across the Greater Toronto Area,...
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...
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...
The goal of any rental property is to generate a significant return on investment (ROI). If you have tenants who pay their rent on time, never cause any trouble, and take care of your property like it’s their own, it can be a wonderful experience to rent out your property. But...
Signing your condo away to a property management company can seem like a huge leap of faith. It’s reasonable to feel skeptical about whether your condo will be in good hands. After all, mismanagement can cost you thousands of dollars or even a lawsuit against you by your tenants. That’s why...
Turning your condo into a profitable rental property is very enticing and appealing to many rental property owners. The real estate market in Toronto and the GTA represents a valuable opportunity for investors to generate significant ROIs from properties they purchase and rent. But being a landlord requires a lot more...
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