Feb 15, 2021 |
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,...
Feb 1, 2021 |
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...
Jan 15, 2021 |
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...
Jan 1, 2021 |
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...
Dec 15, 2020 |
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...
Dec 1, 2020 |
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...
Nov 15, 2020 |
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...
Nov 1, 2020 |
The laws regarding rent increase vary from province to province, however, in Ontario the laws are different. The Ontario government has strict laws for rent control that restrict landlords to increase the rent by an exorbitant amount. Prior to 2017, rent control...
Oct 15, 2020 |
Landlords often come across the thoughts of managing their rental property on their own rather than hiring a professional property management company to manage their property. Oftentimes naive landlords face stressful situations with the tenants which results in...
Oct 1, 2020 |
In the current digital era, the landlords are adapting modern ways of accepting rent from the tenants. Automating the process can certainly reduce the hurdles in receiving the rent. In the past, landlords would meet the tenants in person to collect the rent payments....
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