Canadian Legal Resources For Property Management
Managing a property in Canada can be a rewarding experience, but it also comes with legal responsibilities that can be challenging to navigate. Understanding the legal resources available to property managers and landlords can help ensure compliance with Canadian laws and regulations, avoid disputes, and maintain positive tenant relationships. To help with this, let’s discuss […]
What to Know When You Are a First-Time Tenant
Renting a property for the first time can be an exciting but daunting experience. There are so many responsibilities and tasks involved with your first move, so it is important to understand the process of becoming a tenant to ensure a smooth and stress-free transition! Here are some things to keep in mind when you […]
Everything You Need to Know About Renters Insurance
Despite its significance, many renters overlook the importance of renters insurance, leaving themselves vulnerable to unforeseen expenses. This type of insurance policy protects tenants from unexpected events, such as theft, fire, or water damage, and it is typically very affordable. In this blog, we’ll explore why renters insurance is important and how it can help […]
Pros and Cons of Allowing Pets in Your Rental Unit
If you’re a landlord, allowing pets in your rental unit can be a difficult decision. While it’s true that pets can provide companionship and comfort to tenants, they can also cause damage and create additional responsibilities for landlords. This decision ultimately depends on your personal preferences and circumstances, as well as your ability to effectively […]
What Do Property Management Fees Cover?
Understanding the services included in property management fees can be confusing for those who are new to working with a property management company. It’s important to understand what is and isn’t covered by this type of fee so that you can manage your expectations and ensure that you’re getting the best value for your money. […]
Reduce Vacancies in Your Rental Property
Rental property owners are all too familiar with the frustration of having vacancies. Every day that your rental sits empty is a day where you’re missing out on rental income. Fortunately, there are a few things you can do to reduce vacancies and keep your rental property occupied. Here are some tips to reduce rental […]
Things to Consider When Calculating Rent
As a landlord, it’s important to consider a number of factors when calculating rent for your rental property. After all, you want to make sure you’re getting the most return on your investment, while also providing fair and reasonable rent for your tenants! Here are some key things to consider when calculating how much to […]
What to Know Before Renting Out Your Condo
Renting out your condo can be an excellent way to earn some extra income, but there are a few things you should know before making the leap! Here are a few things to consider before getting started: Make sure you can afford it When you rent out your condo, you will be responsible for […]
Tax Tips for Rental and Investment Properties
We don’t know a single property owner who gets uncontrollably excited when tax time comes around. We get it! The legalese can be confusing, the paperwork daunting, and the thought of having to pay the CRA a huge chunk of money isn’t always the most appetizing. If you run investment properties or rental property, all […]
Reasons to Hire a Realtor Experienced in Property Management
Much of the residential real estate industry can be divided into two camps: homes for the owner to live in and homes for the owner to invest in. As a buyer, your purchasing journey will look different depending on which of these objectives you are seeking. Because of this, it’s important to ensure that you […]
