Navigating Rent Control and Strategies for Canadian Investors
Every 12 months of a lease, Landlords are eligible to increase the current rent price of their tenanted property. This is great for landlords, however, does this mean that landlords should increase the price every time? Whether your property is under rent control or not, landlords can choose to leave the rent as is. Increasing […]
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How to Create a Tenant Welcome Package That Sets the Right Tone
Welcoming a new tenant into your rental property is a significant time for both you and your tenant. The move-in day marks the start of a landlord-tenant relationship and besides preparing the property for the new tenants, one idea to set the right tone is to create a welcome package for your new tenants. What […]
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How to Plan and Protect Your Property From Major Floods and Rain Storms
When living in Canada compared to other countries, Canada is considered to be a low-risk country for natural disasters. However, this does not mean that Canadians don’t experience any adverse climate conditions. On July 26th, 2024, Toronto experienced extreme rainfall. Many people did not expect the major impacts this would cause and therefore did not […]
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Turning Your Basement into a Rental Basement Apartment: Key Considerations
Are you considering turning your basement into a rental property? Adding a rental unit to your home is a great way to earn a little extra money and help pay off your mortgage. If you live in a house with a basement, this would be the most ideal scenario as it will be a separate […]
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