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Proof of Income is Key – here’s why!
Many investors think that the hardest part about being a landlord is managing the tenant! That’s where there wrong! The hardest part about being a landlord is actually underwriting the application. The tenant screening process is multifaceted. It takes a significant amount of time and effort. However, it’s essential to ensure that the next tenant…
Read MoreWhere to go for a Getaway
Living in Ontario, specifically close to the Greater Toronto & Hamilton Area (GTHA) we are fortunate to be in close proximity to many great destinations. However, sometimes we just want to unplug or escape from the busy, hectic just in time lives that sometimes we all lead. You can find charming small towns within a…
Read MoreHow often should I inspect my rental property?
Inspecting your rental property is one of the key tasks you should be doing on a regular basis. Believe it or not a lot of investor simply sign the lease, hand over the keys and only return to the property when the tenant moves out. Even with reliable tenants, it’s still a good idea to…
Read MoreEnsuring a Rent-Ready Property
We get calls all the time from prospective clients wanting us to market and list their property for rent. “I’m ready” they emphatically say. However, before we can market it, we always ask the question, “have you done a rent ready inspection.” “What’s that?”, they usually say. Getting a property rent-ready means ensuring it’s in…
Read MoreWays to declutter
CLUTTER! Yuck! Let’s face it, we’re all guilty of compiling, well, a lot of junk! Every. So often we all need to take a close look at the things we have and well, if I can be blunt, just deal with it. A lot of people think they have to deal with it all in…
Read MoreStrategies for dealing with angry tenants
Being a landlord can be challenging and angry tenants can make it extremely harder. It’s your role as the landlord to keep the peace between you and your tenants, and be solutions oriented in working through challenging times. You may unexpectedly find yourself in a situation where one of your tenants is raging at you.…
Read MoreHow to spend vacation with your kids during a pandemic
As Ontario moves to Stage 1 of its re-opening plan it’s hard to believe we’ve been on lockdown, partial lockdown which seems like an eternity. As the weather gets warmer it becomes more challenging for things to do while respecting social distancing. Whatever your beliefs are on the pandemic, this post is not political, it’s…
Read MoreWhere we advertise your rental property
It’s no secret that filling vacancies is the number one stressor for real estate investors as part of the turnover process. It’s also one of the biggest expenses for them. Whether you do it yourself, or hire a management company to do it, you end up paying somehow. Landlords and property managers, therefore, are motivated…
Read MoreHow to attract millennials to your rental and keep them
Whether you believe it or not, the biggest demographic of tenants in 2021, are millennials. We meet with countless investors all the time to manage or place tenants for them and the top question we usually get from them is, “who will you typically rent to.” The number one answer is usually millennials! The Millennial…
Read MoreEnsuring Effective Landlord/Tenant Communication
Ensuring effective communication with your tenants is one of the most important things that you can do as a landlord. Being on good terms with your tenants, and you have a relationship built on trust and communication, things will be much easier for you. Treating your tenants with respect, you can avoid acrimonious and difficult…
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