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. Small issues that are […]
Why Are Property Management Companies Worth Their Fees?
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 renting out your property […]
5 Common Condo Rules You May Not (But Should) Know About
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 condominium associations can enforce […]
Are Property Management Companies Worth It?
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 manage things by themselves […]
5 Advantages of Working With the Best Property Management Company in Toronto
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 […]
What Are the Pros and Cons of Working With a Property Management Company?
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 unit. Property owners will also […]
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 […]
4 Common Rent Collection Problems Landlords in the GTA Face
As a landlord, you need to be able to rely on your tenants to pay their rent. When tenants struggle with their personal finances and fail to pay their rent, you can easily run into serious financial problems of your own. That’s why it’s crucial for every landlord to understand the various rent collection problems […]
The Ultimate 2020 Landlord Checklist for Ontario Property Owners
Whether you’re a first-time landlord or a seasoned professional, the rental industry is constantly shifting and evolving. This year, you can expect to see rental trends moving faster than ever. In order to stay competitive as an Ontario landlord, make sure you tick everything off an up-to-date to-do list. Here’s our ultimate 2020 landlord checklist. […]
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 […]