How to Improve Your Tenant Retention Rate
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 […]
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Understanding Rental Property Tax Deductions in Canada
There are plenty of reasons to rent property in Canada. Given the relatively high cost of buying a home, renting is the most affordable way for many people to live comfortably. If you’re planning to rent a property or already have one, there are some taxes that you need to consider. The good news is […]
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Ontario Government Proposes Stricter Penalties For Developers Who Break Ethics Code
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 […]
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Tips, Pros, & Cons of Buying a Rental Property in Toronto
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 […]
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