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...

If you are looking to hire someone to help you find tenants for your rental property, a real estate manager and property manager might look similar. After all, they are involved in the rental industry and they can both help you find tenants for your newly rentable condo. But once you begin...

After having tenants in a unit for years or even decades, putting it back on the market without some improvements or condo renovations is impossible. Even the cleanest tenant can’t stop the natural deterioration of a unit and its appliances. Even if a unit is brand-new, there are many changes that...

As a landlord in Ontario, you should understand how renting a property can affect your taxes. Every cent your rental property earns is taxable, which is why it’s vital that you treat your property like a business. Failing to report your income properly may lead to tax headaches, fines, and even...

Entering into the real estate market as a condominium owner can be a lucrative and savvy move. The industry is booming, and you can see a large profit if you fill your units quickly.  However, while there are plenty of high-quality renters looking for their next home, the competition is fierce,...

While owning a condominium in the GTA can be a lucrative business investment, there are a vast number of province-wide regulations that you need to follow when you lease your rental property. Some of the most important laws to be aware of are those that relate to the health and...

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...

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...

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...

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...

[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...