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....
Scarborough's got to be the town with the most mixed-up, contentious rep in the GTA: it's some people's fiercely-loved hometown, some people's ground zero for the Toronto music scene, and some people's wilds of Scarberia (neighbours, we've got to stop the hate here). Whatever you've heard about Scarborough, it's definitely...
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...
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,...
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...
When you hire a property management company to look after the rental of your condo, you are hiring a company to handle all aspects of your property. They don’t just find you a tenant. They look after marketing your condo, interviewing tenants, collecting rent, performing inspections, and even dealing with your...
Because many college students often live in off-campus housing, renting to this market is a lucrative choice for most landlords. The demand is often high during the school season, and you have a chance to offer competitive pricing and convenient locations to students. Some property owners, however, are skeptical of renting...
The past year has been difficult for all of us, in expected and unexpected ways. Many have lost loved ones, lost jobs, or struggled with financial stability. This has caused repercussions throughout our society and economy, and help from any source is greatly appreciated. For both renters and tenants, the Ontario...
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...
You might own the condo, but there are still condo rules you will have to follow that are enforced by your condo association. These rules can be obvious ones implemented in most neighbourhoods, but there might be some condo rules that you might not know. Regulate your Exterior Decor Items Some...
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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