canada short term rentals

7 Tips Maximize your Investment Property

investing in real estate toronto

Are Vacancies Getting You Down? Not Enough Inquiries? Or Showings and No Applications? What can you do to help generate income from your investment property? 

At Kean Group we have a lot of experience setting up furnished rentals for short-term and long-term rentals. We have established successful furnished rentals in Toronto, GTA and in Western Canada that bring improved rental income. 

Maximize income from your investment property

property investment

 Here is what has worked for us..

  • Provide furnished rentals, an excellent product for short-term rentals with travelers, or the long term leased tenants. Many guests or short term tenants are visiting families who can’t always house them due to lack of space in their own homes but want to be close by to visit and see the sights with their own space to retreat to after a long day. Many turn to a fully furnished home over a hotel as it comes fully equipped with home comforts such as living areas, kitchens, and laundry. 
  • Use a tenancy placement service as they ensure that you connect the right renters to your property. They provide no-hassle, no leasing, no maintenance, and low-risk service.
  • Decorate short term rentals that are stylish, airy and modern—allow your guests to stay in properties that feel like home.
  • Targeting people who are looking for 6-24 month stays but are willing to pay a premium until they are more established in their new city. Whether they are moving across the country, or recent immigrants looking for accommodation but not ready to commit to a specific location.
  •  Update spaces by reusing or repurposing. For example, repaint furniture or spray paint light fixtures to offer a modern look that appeals to your clients. Your customers will notice the improvements you make in the suite.
  • Provide impeccable service as this will result in building lasting relationships!
  • Make your tenants feel safe by outlining the steps taken to adhere to additional requirements protocols around the global pandemic COVID-19

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