How to Build an Emergency Fund

1. Organize Your Bank Accounts Disorganized finances will get you in trouble. They’ll also defeat the purpose of having an emergency fund (as expenses will get commingled). Feel free to take whatever approach you think will work for you, but we recommend the...

What is an Emergency Fund?

For the landlords and real estate investors, ROI and cash flow are everything. You’re constantly on the lookout for ways to make your rental properties more profitable, which means maximizing the upside and counteracting the downside so that it doesn’t come back to...

5 Tips for Finding a Good Contractor

Find a good contractor who gets the quality work on time is never an easy task. As you search for a contractor to work on your property, here are some tips and tactics you can leverage to filter out the bad apples and find the right fit for your project. 1. Get...

7 Techniques For Rent Collection

5 Techniques Successful Landlords Use For Rent Collection Under normal circumstances, here are some techniques landlords often use to make rent collection an easier and more predictable process: 1. Carefully Screen Tenants If you want rent collection to be a breeze,...

4 Ways Landlords Waste Money

As a landlord, you’re in the game of generating cash on your cash. In other words, you’re in the ROI business. But are you really doing everything you can to set yourself up for maximum returns? This a question that you need to analyze through a critical lens. You...

The 5 Advantages of Real Estate Investing

If you want to build wealth, prepare for retirement, or otherwise improve your financial situation, you’ll need to invest your money. Investing gives you the potential to earn money on your existing capital in a volume that outpaces inflation, ultimately helping you...

Top 5 Ways to Increase Profit on Your Rental Property

The following are steps that landlords can take to increase profit on their properties.   Screen your tenants thoroughly. It’s important to screen your tenants as thoroughly as possible. The tenant screening process will help you understand each tenant’s credit...

Tenant Insurance in Ontario

IS TENANT INSURANCE MANDATORY IN ONTARIO? The simple answer to the question is no, Ontario does not require that all renters have tenant insurance. Often a landlord will require a tenant to obtain renters insurance as a condition in the lease. As you can see, there...

Ways to Attract Long-term Tenants

Getting a long-term tenant is every landlord’s dream. Turnovers are expensive and time consuming. It’s good to practice various methods to keep your tenants loyal. This will allow you to avoid turnovers as much as possible. This blog contains recommendations on...

Renting out your house during COVID pandemic

The COVID pandemic has affected all businesses in the world and property management is no exception. You don’t have to pause your dreams of having an investment property delivering an income just because there is a pandemic. People still need a place to stay, and...
 
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