Current real estate values and the fluctuating property prices aside, investing in real estate in Ontario has proven to be a profitable investment option for generations. However, for many Canadians, the question of how to successfully invest in real estate is somewhat a tricky one. This article focuses on different ways to make money in the Ontario property market. But first, let’s evaluate what...
Many Canadian investors often aim to cover their monthly expenses with rental income, expecting to profit from their rental property’s appreciation. Even with 20 percent down, most investors still break even monthly, which means long-term real estate investment in Toronto produces strong returns consistently. What about Toronto short-term rentals? Are they profitable? How do you run a short-term rental?...
Real estate investing coaching is a must, not a “nice to have” option, particularly if you are getting in the property investing game to win rather than to have fun. Can you name a famous business leader or Olympic athlete that hasn’t had a mentor or coach? Extremely unlikely. Regardless of how great they seem, they have all had great coaches and mentors, sometimes more than one. It does not...
A real estate investment in Toronto can often seem like a fickle partner. In some periods, the potential for profit in the Toronto real estate market is high. On other periods, each real estate investment step might seem like a risky move towards a loss. All in all that is part of the thrill of real estate investing. In terms of investing in the Toronto real estate market, you are either for it or...
It is unfortunate, but one duty of landlords is to deal with tenant problems. From messy rental units to unpaid rent, there is a lot of frustrating situations that landlords encounter. Dealing with tenant problems successfully will your residential real estate business more successful, there are times you will be forced to evict tenant in Ontario. Reasons to evict tenant in Ontario The Residential...
Finding new tenants is often something of a gamble. In fact, one bad tenant can become a nightmare for any rental property owner, which is why it is essential to be picky. Tenant screening and tenant verification services are the most convenient ways for landlords who want to attract and retain great tenants. The role of effective tenant screening and tenant verification services is to increase the...
Ontario’s Landlord and Tenant Board (LTB) focuses on resolving disputes between rental property landlords and tenants. They also address eviction applications filed by housing co-operatives. LTB provides comprehensive information about specific procedures, rights, and responsibilities of landlords and tenants in accordance with the Residential Tenancies Act. One of the issues covered is...
Property developers want to move to the next real estate project as soon as the current one is completed. Similarly, landlords want to focus on other aspects of their investment projects. Even if property developers or owners continue to hold titles to the property, most of them choose to delegate the management of day-to-day operations to a third party – residential property manages? What are the...
Buying a rental property is an excellent way to build your financial portfolio. Not only can a rental property for sale provide you and your family with a steady stream of income, but it can also give you the financial freedom you need to enjoy life. When looking for a rental property for sale, there are a few tips that you can use to save both money and time. 1. Avoid a fixer-upper for your...
Owning a condo can be both labor and time-intensive, and as a landlord, most of your day is filled with managing rental agreements and maintaining your properties, which is why you need condo property management services. With nearly every travel and immigration website ranking Canada in their top 10 best countries to live in, it comes as no surprise that 75% of the increasing population are all...
