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Starting January 1st 2024, Ontario auto insurance policy holders will have the option to remove Direct Compensation for Property Damage (DCPD) coverage from their car insurance policy. This coverage was previously mandatory. Let’s delve into what these changes are and why it’s probably not a good idea to opt-out of this very important coverage. First, … Read more
If you’re a landlord looking to rent out your property, choosing the right platform to advertise is essential. From online marketplaces to traditional methods, each option has its benefits. Here are the best places to list a rental property to maximize exposure and find the right tenant: Facebook Marketplace Facebook Marketplace is a powerful tool … Read more
High risk car insurance is a type of policy designed for drivers who no longer qualify for coverage with standard car insurance providers. This can happen due to a history of tickets, at-fault accidents, or cancellations for non-payment. While high-risk insurance typically comes at a higher premium, it ensures drivers can remain insured even when … Read more
Maximizing Your Earnings as an Ontario Landlord With Ontario real estate prices skyrocketing, it might seem that keeping your property rented is all it takes to profit. But beyond rising rents and property values, there are strategic ways to maximize your earnings. Here’s how to make your journey as a landlord not only fulfilling but … Read more
Are You a Future Landlord? A Guide to Investing in Student Rentals in Hamilton Are you considering investing in student rentals in Hamilton? This guide provides an overview of the student rental market in Hamilton and offers insights to help you choose the best area for your investment. Why Hamilton is a Great Choice for … Read more
On December 16 2021, City Council approved implementation of a vacant home tax in Toronto starting in January 2022. How The City of Toronto will Define a Vacant Home The city of Toronto will consider the home vacant if it has been unoccupied for more than six months during the previous calendar year. Exemptions apply: … Read more
Below is a list from Toronto Police Services of the top ten cars stolen in the year 2021. Top 10 Auto Thefts by Vehicle Make and Model in Toronto Preventing Car Theft.
The City of Hamilton yesterday August 10th 2021 voted in favour of a motion to implement a rental housing licensing pilot for wards 1,8 and 14. Where are Wards 1, 8 and 14? Ward 1: covers the area primarily close to McMaster University Ward 8 & 14: covers the area primarily close to Mohawk College. … Read more
Becoming a landlord in Canada can be a rewarding venture, but it also comes with responsibilities and challenges. Whether you’re planning to invest in a student rental near McMaster University in Hamilton or a downtown Toronto home, here are six essential things to consider before taking the plunge. 1. Secure Financing The first step in … Read more
We hope this article finds you well and that you and your family are safe in this unprecedented time. Landlord Insurance & Rental Income Landlords have called us to ask if having rental income insurance will cover tenants who are either refusing to pay rent or defaulting due to COVID 19 crisis. First, to answer … Read more