Property Management Blog

Condos for the Investor

Investors flock by the hordes whenever a new preconstruction development is announced. And in a city like Toronto, new developments are popping up everywhere. But how do you know which building and unit to invest in? With so many options, making…

What’s the Deal with Tenants and Pets?

One of the most misunderstood aspects of the tenant/landlord relationship is the question of whether or not pets can be permitted in the unit. It can be surprisingly difficult to find definitive information on pet policy online or elsewhere.…

Technicalities Related to the Form N5

In a previous post, we covered evicting the dreaded tenant from hell. Yes, we’ve all heard of the tenant from hell. They persistently pay rent late, or not at all, they partake in illegal activities, they cause damage to your property. But…

Hiring the Right Legal Aid at the Right Time

Buying a new home, or selling your home for that matter, can be an extremely stressful task. Knowing how and what to negotiate, handling any surprises brought on by the other party, preparing and reviewing legal documents, understanding how…

Landlords Beware of “Tenant Friendly” Board

A few weeks ago we looked at the subject of evicting a dreaded Tenant From Hell. It’s unfortunate, but many landlords find themselves in the horrible predicament of signing a deal with a tenant who at first seems like a model example, but…

What Should you Know About Renting your Condo in Toronto

Renting out a condo unit in Toronto, or any other city for that matter, can be an incredibly lucrative endeavor. Whether you’re using it as a side income, or if you’re main goal is simply to have someone else pay down the mortgage while…

So You Want to Buy Pre-Construction?

If you’re in the market for a pre-construction condo purchase, you’ll want to make sure you do your research first. Pre-condo purchases can be hit or miss, and it’s very important to cross your T’s and dot your I’s throughout the process.…

Do I Need Landlord Insurance?

The short answer is yes! Of course you need landlord insurance. But the long answer is a little more complicated. Landlords operate at different levels; some rent out an entire space, some are simply subletting a room, some rent out year around,…

How to Properly Screen a Potential Tenant

We all know that potential tenants can be crafty. Any landlord who’s been in the game for long enough has likely experienced this first hand. If you’re a new landlord, you’ve probably heard the horror stories of fully suited tenants who…

Fooled by the Tenant From Hell: Time to Evict?

The Tenant/Landlord relationship is a complex beast. In a perfect world, tenants wouldn’t have to worry about bad landlords, and landlords wouldn’t have to worry about bad tenants. Alas, no such world exists, and as a landlord, you may find…

Landlord Pricing Strategy: How Should I Price My Property?

As a landlord, determining the best monthly price for your property can be tricky. Price point means everything;it will directly correlate to how quickly you find a tenant, the quality of tenant, and your return on investment. Here are some…

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