Aug 14, 2020 |
Most landlords find themselves out of pocket if a tenant damages property as they are vacating. These damages can include stained carpets, markings on the walls, holes in the drywall, broken appliances including filthy ovens and refrigerators, damage caused by pets,...
Jul 31, 2020 |
One of the responsibilities of a Landlord is to make sure that their tenants are living in a property where everything is in good working condition. This can include maintenance on such things as appliances, furnace, air conditioning to name a few. But, there is a...
Jul 24, 2020 |
Tenant Insurance, also called renter’s insurance or content insurance is very similar to a home insurance policy. The main difference is that there is no coverage for the building or house. That is the responsibility of the landlord who owns the property and this...
Jun 23, 2020 |
As a property manager, the ideal tenant is one who pays his/her rent on time and this applies to most. However, you are will likely come across a few delinquent tenants who, for one reason or the other, have no problem living for “free”. Although there is no perfect...
Jun 15, 2020 |
Property Managers know that every building or property needs an emergency plan. Tenants need to be informed of whom to contact, what to do or where to go in case any sort of emergency arises such as fire, flood, earthquake, etc. Having plans in place will ensure first...
Jun 9, 2020 |
Commercial and residential real estate sectors are among the hardest hit industries as the world remains under restrictions due to the coronavirus pandemic. The impact was massive and widespread and caught everyone by surprise. For instance, nowhere in the...
May 26, 2020 |
It is particularly important not to just rely on a handshake when it comes to leasing agreements, it is all about documentation! A leasing agreement specifies the terms and conditions that must be strictly adhered to by both Landlord and Tenant. Key Elements of a...
May 15, 2020 |
Now that the winter deep freeze is over it is time to begin thinking about your rental property cleaning. All those big spring cleanup jobs that accumulated over the winter need to get done around your rental properties. This is the type of work that will benefit from...
Mar 12, 2020 |
When it comes to rental property management, a bad tenant is every landlord’s worst nightmare. And, unfortunately the laws of Ontario do not always work in favour of the landlord. There have been many instances where tenants have gotten off scot-free without having to...
Mar 5, 2020 |
As a property owner, you are paying a property management company to be your eyes and ears. For this reason, it is extremely important that they are strict about scheduling regular inspections. Many owners don’t understand how much damage a bad tenant can cause...
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