Posts by The Welcome Home Team
Tenant Consistently Late Paying Rent: Landlords Actionable Guide
Introduction Managing rental properties can be a rewarding venture, but it also comes with its challenges. One of the most common issues landlords face is tenants consistently paying rent late. According to recent studies, nearly 25% of tenants have been late with rent payments at some point. Addressing this issue promptly and effectively is crucial…
Read MoreSmoke-Free Rentals Why Landlords Should Just Say No
As the demand for healthier living environments increases, landlords are considering the implementation of smoke-free policies in their rental properties. This article explores the benefits of such policies, highlighting the positive impact on health, finances, tenant satisfaction, and legal compliance. Health Benefits Protecting Tenants’ Health Secondhand smoke is a well-documented health hazard, causing respiratory problems,…
Read MoreHow much do property managers charge?
Hamilton, Ontario, has emerged as a vibrant real estate market, attracting both seasoned investors and new landlords. As the demand for rental properties rises, so does the need for professional property management. Whether you own a single-family home or a portfolio of multi-family units, understanding the costs associated with property management is crucial. This article…
Read MoreTenant-Abandoment-Mitigate-Risk-and-Loss
Tenant abandonment can be a significant challenge for property owners, leading to financial loss and legal complications. In Canada, understanding tenant abandonment and knowing how to manage it effectively is crucial for property owners. This article will explore strategies to mitigate risk and loss associated with tenant abandonment, ensuring property owners are well-prepared to handle…
Read MoreLiving Green in Your Hamilton Rental
Living green in your Hamilton rental is becoming increasingly important as we face the challenges of climate change and resource depletion. For renters in Hamilton, adopting green living practices can seem daunting, but it’s entirely possible—and beneficial—not only for the environment but also for your wallet. In this article, we’ll explore practical tips for energy…
Read MoreThe Benefits of Renting vs. Buying
The age-old debate of whether renting vs. buying a home continues to perplex individuals seeking a place to call their own. With the current housing market conditions fluctuating and personal circumstances varying greatly, the decision becomes even more complex. In this article, we’ll delve into the benefits of renting vs. buying, shedding light on key…
Read MoreHow Property Owners Can Minimize Risk and Loss in Canada
Owning property comes with a multitude of responsibilities, not the least of which is managing risk effectively. “How Property Owners Can Minimize Risk and Loss” Whether you’re a homeowner, landlord, or real estate investor, understanding and mitigating risks is crucial to safeguarding your investment and financial well-being. In Canada, where diverse climates and legal frameworks…
Read MoreUnderstanding Landlord-Tenant Law in Ontario
In the dynamic landscape of Ontario’s rental market, a foundational understanding of landlord-tenant law in Ontario is indispensable for both renters and property owners. With rights and responsibilities outlined by the Ontario Residential Tenancies Act (RTA), navigating the complexities of renting can be simplified. This article aims to provide clarity on the essential aspects of…
Read MoreSaving Money While Renting
In Canada, saving money while renting is a prevalent housing option, offering flexibility and convenience for many individuals and families. However, the cost of renting can often be a significant financial burden, especially in cities with high housing demand. Therefore, it’s crucial for renters to find ways to save money and manage their expenses effectively.…
Read MoreRenting 101: A Guide for New Tenants in Canada
Renting a property is a significant step in many people’s lives, especially for those who are New tenants in Canada. Whether you’re a student moving out for the first time or a professional relocating to a new city, understanding the ins and outs of the renting process is essential for a smooth transition. In this…
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