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 of the property and its […]
5 Tax Tips All Ontario Landlords Should Know to Stay Tax-Efficient
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 legal action. You may […]
5 Condo Marketing Tips From Toronto’s Leading Property Management Company
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, particularly in the GTA. […]
Tips for Following Health and Safety Standards in Your Rental Property
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 safety standards for all rental […]
The Latest Apartment Design Trends Your Renters Will Love
Half the battle of being a landlord is finding suitable tenants to lease your units. The real estate market in the GTA is becoming ever more competitive, with more and more landlords vying for renters’ attention. In order to stand out from the crowd, you need to ensure that your rental units are looking modern, […]
5 Things Your Property Manager Wishes You Knew
The relationship you have with your property manager is one of the most important relationships you build as a real estate investor. Ideally, both you and your property management team would have the same goals: to take care of the property and generate significant income. An investment property is most successful when a homeowner and […]
Property Management Tips: How to Prevent Maintenance Issues Before They Arise
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, there are a wide range […]
The Ultimate Guide to Waterfront Toronto: The Best Areas to Own or Rent a Condo
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 the luxury high rise […]
How Working With a Professional Property Management Company Can Minimize Your Risk
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 that you do some […]
4 Ways a Property Management Company Can Help Raise the Value of Your Investment Property
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 finding an investment property […]