As a landlord in Ontario, you may be inclined to protect your property by implementing various rules for tenants, including a “no pets” clause. However, under Ontario law, landlords cannot refuse to rent to tenants solely based on pet ownership. This restriction is governed by the Residential Tenancies Act (RTA), which aims to balance the … Read more
Vacant properties—whether it’s a rental home waiting for new tenants, your own house undergoing renovations, or an extended absence making the property unoccupied—pose unique risks. These properties are more vulnerable to vandalism, theft, and unexpected damage. For landlords and homeowners, understanding how your insurance coverage may change during these times is essential. This guide provides … Read more
Is a Student Rental Property the Right Investment for You? Whether you’re purchasing your first investment property or expanding a rental portfolio, student rentals can be a rewarding choice. Despite perceptions of student housing being high maintenance, these properties offer unique benefits and a steady demand. Here’s why student rentals could be a valuable addition … Read more
Investing in a student rental property can be rewarding, but it comes with unique challenges—especially when it comes to insurance. Even experienced landlords sometimes purchase properties that are difficult to insure due to outdated systems or structural issues. To avoid this, it’s essential to know what to look for before making an offer on your … Read more
A common misconception about home insurance is that a property is covered as long as it has insurance—even if it’s being rented out. This isn’t accurate. When securing insurance, it’s essential to inform your insurance provider about who lives in your home and how the property is being used. Failing to disclose occupancy details could … Read more
Investing in Ontario’s student rental market can be a profitable venture, but it requires careful planning and research. Below are eight essential steps to help you make a well-informed investment and get started as a student rental landlord. Look below if you are considering investing in Student Rentals in Ontario: 1. Research Local Rental Rates … Read more
The City of Hamilton introduced a two-year Rental Housing Licensing pilot program in August 2021, targeting Wards 1, 8, and part of Ward 14. This program requires property owners to obtain a licence for rental housing units and buildings with five or fewer self-contained units, detached homes, or townhouses. The pilot, which began in 2022, … 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
Facebook Marketplace Facebook marketplace is a great place to get exposure for your rental property to be people are searching. Millions of people use Facebook everyday and their marketplace allows users to post many photos, prices and information. One downside perhaps is if you are going to use your personal profile to post your rental; … Read more