3 Ways To Increase Rent Pass The Provincial Guideline
For properties that fall under rent control, landlords can only increase the rent each year to the maximum percentage that has been set by the Provincial guidelines. There are many newer properties that have been built in Ontario after November 2018 – properties that have been before this date fall under the rent control guidelines. […]
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How To Properly Conduct A Landlord Reference Check & The Important Questions To Ask
Along with the employment reference check, landlords should ensure to complete a reference check from the prospective tenants current and previous landlords. This step is crucial as it will give landlords insight on the type of tenant the applicant was from a direct source. The Ontario Real Estate Association (OREA) developed the Form 410, also […]
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Maximize Your Rental Property’s Durability & Maintain It’s Value Over Years To Come
One of the biggest concerns a landlord has is the upkeep and condition of their property. As the property ages, the more wear and tear it will endure. It’s vital to implement regular property maintenance to prolong the durability of the property to withstand future tenant turnovers and many years to come. If the plan […]
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How To Properly Conduct An Employment Reference Check & Questions Landlords Should Ask
Completing an employment reference check is a vital step to screening tenant applications. This step should not be taken lightly as there are many cases of fraudulent applications, especially in the Toronto and GTA market as rental rates are at an all time high. The most important aspect to figuring out if a tenant is […]
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