What you need to know to attract a tenant who values your home as much as you do Anyone who’s rented out a portion of their home, or indeed their entire home, knows that it’s not always a comfortable thing. On the pro side is extra income; this might be a luxury (your 20-something moved … Read more
Difference Between Home Insurance & Rental Property Insurance A common misconception about home insurance is that as long as the home has insurance it is insured and that it does not matter if you have renters. This is simply not true. When applying for insurance you must be up front with the Insurance Company; who … Read more
Read Below to find out how to invest in the Ontario student rental market. The information below is intended to put you on a head start to becoming a student house landlord. Research Rents Find Average Asking Prices Get Good At Excel Property Address Purchase Price Down Payment % Amortization Interest Rate – Stated Effective … Read more
And by most, we mean the most $$$ you can possibly earn as an Ontario landlord With real estate prices in big Ontario cities soaring past all forecasts, it may seem like all you need to do in order to maximize the profits from your rental property is to, well, keep the place rented. But … Read more
Whether you are looking to purchase your first investment property or you are a landlord with a rental property portfolio, owning a student rental property might just be a good investment. Over the years, investing or owning a student rental house had a negative stigma as many potential investors viewed it as high maintenance home … Read more
Protecting Your Investment with Ontario Landlord Insurance Owning a rental property as an investment can be a rewarding venture, but it also comes with risks that must be managed. One of the most critical steps you can take as a landlord is to protect your property against disasters like fire, severe weather, or liability claims. … Read more
Navigating Ontario Landlord Insurance for Expats and Overseas Property Owners Owning rental property in Ontario while living overseas presents unique challenges, especially when it comes to securing the right landlord insurance. At Humberview Insurance, we understand these complexities and offer tailored solutions for expats, retirees, and individuals who reside outside of Canada. Whether you own … Read more
Understanding Insurance Valuations vs Property Purchase Price A frequent inquiry in insurance discussions involves the disparity between the insurance coverage amount and the property’s purchase price. Clients often wonder, “Why is the building coverage valued at $385,000 when I purchased the property, including the land, for just $265,000?” This question is both valid and common, … Read more
This article provides a comprehensive guide to navigating the student rental market in Ontario and securing student rental house insurance. Each year, a myriad of students in Ontario embark on their post-secondary journey at various universities and colleges. As these students transition from high school to higher education, they are faced with numerous pivotal decisions … Read more
A Guide to Landlord Insurance for Small to Medium-Sized Property Owners in Ontario Whether you’re an established landlord or planning to become one, understanding your insurance options is essential to protect your rental property investment. This guide offers a straightforward overview to help you navigate landlord insurance in Ontario. We’ll break it down into simple … Read more