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...

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...

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...

There are many important decisions to make when you decide to transform your condo into a rental property. If you decide to handle things on your own, you will have to market your property, find suitable tenants, calculate market rents, handle tenant interactions, and everything else that involves your rental...

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...

As a landlord of a condominium unit, you may feel nervous entering into lease agreements with certain tenants. Maybe they don’t have a steady income, or you are unsure about their character references.  The good news is, you have certain legal rights to protect you as a landlord in Ontario. So,...

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...

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...