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The Ontario government has proposed making it easier for municipalities to enforce penalties against developers who break the province’s ethics code. Developers in Toronto, Ontario are required to adhere to a strict set of ethical and professional standards, as well as abide by construction regulations in Ontario. Cause of Penalties to Condo Developers in Ontario […]

Townhouse communities are popular across Canada, offering an affordable and convenient living option for many Canadians. However, with the growing number of townhouses in these communities, there arises a need for proper management of the common areas, facilities, and amenities. In this article, we will explore the guidelines for the effective management of common areas, […]

When purchasing a rental investment property, several key factors should be carefully considered to ensure a successful investment: Considering these factors before purchasing an investment property can help you make informed decisions and maximize the potential return on your investment.

Tenant retention is perhaps the most important aspect of your property management. It doesn’t matter whether you own 10 or 1,000 units; the cost for acquisition and vacancy is significant for any property. That’s why tenant retention should be a key component in your overall property management plan. Plus, when you can retain renters, not […]

Finding suitable tenants is crucial for landlords and property managers to maintain a profitable and harmonious rental property. Screening potential tenants, verifying their identity and credit history, and ensuring compliance with fair housing laws are essential steps in the tenant selection process.  What do landlords look for when screening a tenant? When screening a tenant, […]

Being a landlord comes with its fair share of responsibilities, and managing rental properties can be a demanding task. Whether you’re a seasoned property owner or a first-time landlord, hiring a reliable property management company can be a game-changer.  However, not all property management companies are created equal. To ensure you make the right choice, […]

If you’re thinking of buying rental property in Toronto, there are many things to consider. Buying a rental property in Canada can be a great way to earn passive income, but it’s important to consider the costs and responsibilities of being an owner-occupier before jumping into the market. So what are some tips about buying […]

Screening a potential tenant’s social media accounts can provide valuable insights into their character, behaviour, and lifestyle. Accounts such as Facebook, Instagram, and LinkedIn are the most commonly used social media platforms that can be helpful for landlords.  Here are several reasons why landlords or property managers may consider this practice: Here are some commonly […]

As a landlord, dealing with conflicts is an inevitable part of managing rental properties. From minor disputes to more significant issues, effective conflict resolution is crucial for maintaining a positive landlord-tenant relationship and ensuring the smooth operation of your rental business. In this guide, we’ll explore strategies and tips to help landlords navigate conflicts with […]

You may be a great landlord or property owner, but that doesn’t mean you need to manage your rental properties yourself directly. It’s likely that you don’t have the time to successfully rent out your vacant units and keep up with all of their expenses and upkeep. This is why it’s important to choose a […]

Investing in a rental property in an area with ongoing gentrification and close proximity to the downtown core can indeed be a promising investment strategy. Gentrification typically involves the revitalization and improvement of urban neighbourhoods, which often leads to increased property values and rental demand – a WIN-WIN! Additionally, being near work and office buildings […]

As a landlord, you may have noticed that finding tenants during the winter months can be a bit more challenging compared to the warmer seasons. Various factors contribute to the slower winter rental market, but with the right strategies, landlords can overcome these challenges and secure reliable tenants. In this guide, we’ll explore the reasons […]