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 […]
4 Rental Problems All Condo Landlords Will Eventually Face
Being a landlord can be very satisfying, and it can provide some consistent income for you, but it can also be time-consuming and stressful having rental problems. Many things can come up that require your attention as the landlord, and you’ll need to be ready for anything on any given day. Many landlords hire a […]
Busting the Myths of Roommate Renting
Toronto renters know it: There is such thing as an ideal tenant in our city, and they’re most definitely not two or three roommates splitting a two-bedroom condo. But if you’re throwing out rental applications from roommates, you’re likely missing out on some quality tenants—and narrowing the field for your own rental unit. So this […]
Five Ways to Maintain Your Investment Condo’s Value
So, life is good: You’ve bought a nice investment condo in a great Toronto neighbourhood, lined up some conscientious, friendly tenants to live there, signed the lease, handed over the keys, and everything is going according to plan. But since you’re in this for the long haul, how do you make sure everything keeps going […]
The New Landlord’s Quick Guide to Tax Time
So this year, you had a great idea: You rented out that investment condo to a great tenant (or two!), built a fabulous working relationship with them, and now that condo on its way to making an income for you while providing someone a comfortable home. Trouble is, it’s tax time. And suddenly your usual T4 […]