LandlordRelief.ca

23/08/2015

Couple who leased out their Toronto home shocked to discover it was turned into illegal boarding house
https://landlordrelief.wordpress.com/2015/08/23/couple-who-leased-out-their-toronto-home-shocked-to-discover-it-was-turned-into-illegal-boarding-house

Reblogged on WordPress.com

05/08/2015

Sneer all you want, Vancouver and Toronto: Windsor, Ontario’s recession ravaged rust-belt city is turning into the country’s hottest real estate play
https://landlordrelief.wordpress.com/2015/08/05/sneer-all-you-want-vancouver-and-toronto-windsor-ontarios-recession-ravaged-rust-belt-city-is-turning-into-the-countrys-hottest-real-estate-play/

Reblogged on WordPress.com

28/07/2015

Yes, home prices are getting higher than many can afford which does make renting more attractive.

https://landlordrelief.wordpress.com/2015/07/28/theres-a-rental-renaissance-sweeping-through-toronto-and-vancouver-thanks-to-sky-high-home-prices

Reblogged on WordPress.com

28/07/2015

Are buyers being told something about the state of the market for the rentals of Toronto condos?

https://landlordrelief.wordpress.com/2015/07/28/this-toronto-condo-developer-is-offering-guaranteed-rent-on-your-investment-but-at-what-price

Reblogged on WordPress.com

06/07/2015

A recent post at Landlord Rescue reminded me of the problem of Toronto's unfair property tax system that leads to Toronto tenants actually subsidizing the property taxes of Single Family home owners. The post referenced in the above tweet includes: Tenants Actually Subsidize Home Owners. Property tax rates in the city of Toronto on Multiresidential buildings are 1.7265482% and the tax on homeowner properties are 0.7056037%. [ 453 more words. ]

http://www.landlordrelief.ca/2015/07/06/how-toronto-tenants-subsidize-the-property-taxes-of-single-family-home-owners/

A recent post at Landlord Rescue reminded me of the problem of Toronto's unfair property tax system that leads to Toronto tenants actually subsidizing the property taxes of Single Family home owner...

21/06/2015

The above tweet references an article in today's Toronto Star. Obviously I have made no effort to independently verify the facts. Frankly, I hope the facts in this article are NOT true. Nevertheless, assuming the truth of these facts, I think this deserves some comment. The article begins with: One of Toronto’s biggest landlords has an in-house collections agency that pursues evicted tenants for two months’ rent because they didn’t give “proper notice” when they were kicked out of their apartments, the Star has learned. [ 1312 more words. ]

http://www.landlordrelief.ca/2015/06/21/can-a-landlord-first-evict-tenant-and-then-seek-rent-for-failure-to-give-notice/

The above tweet references an article in today's Toronto Star. Obviously I have made no effort to independently verify the facts. Frankly, I hope the facts in this article are NOT true. Nevertheles...

20/06/2015

Okay, this is interesting news. But does it really matter that much? In most cases probably not because real estate is a long term investment, and when it comes to Toronto residential rents: 1. Your best Toronto rent is not necessarily your highest rent; and 2.You need to be thoughtful about when, whether and how much to raise residential rents anyway. And as a reminder: On the one hand: But, on the other hand:

http://www.landlordrelief.ca/2015/06/19/2016-ontario-rent-increase-guideline-set-at-2/

Okay, this is interesting news. But does it really matter that much? In most cases probably not because real estate is a long term investment, and when it comes to Toronto residential rents: 1. You...

20/06/2015

I believe that the landlords should work hard to avoid Ontario's Landlord and Tenant Board. Although not intended to be unfair to landlords, it does provide protection to Ontario tenants. The procedure is costly and dangerous. Although landlord lawyers at Landlordrelief will assist you with tenant eviction, we work hard to avoid this necessity. In order to avoid the Ontario Landlord and Tenant Board, Ontario landlords should: [ 75 more words. ]

http://www.landlordrelief.ca/2015/06/19/procedure-at-the-ontario-landlord-and-tenant-board/

14/05/2015

If the landlord doesn’t respect the property the tenants won’t respect the property http://wp.me/pK5UM-25P

The Toronto Star article referenced in the above tweet is a reminder of the principle that: "If the landlord doesn't respect the property then the tenants won't respect the property". This means that if you want your tenants to respect the property, you as the landlord should demonstrate respect for the property. Remember also that the value of a rental property (unless it is also a single family home) is… [ 294 more words. ]

12/05/2015

The relationship between public transit and real estate investing http://wp.me/pK5UM-25K

The above tweet references an article in the Toronto Star describing the growth of "Go Train Service" in Southern Ontario. This is great news. It will certainly connect communities East and West of Toronto with the downtown Toronto core. It will improve the opportunities to live West of Toronto and commute to the City. At the present time, commuting from Hamilton to Toronto is somewhere between difficult and impossible… [ 303 more words. ]

31/01/2015

Toronto ranked ‘best place to live’ in Economist ranking of cities around the world http://wp.me/pJ2gZ-O

Reblogged from: National Post

31/01/2015

Home sweet homewreck: This is the worst reno story you will ever hear http://wp.me/pJ2gZ-y

Reblogged from: National Post

31/01/2015

As the price of increases the demand for increases http://wp.me/pK5UM-259

The above tweet references a timely article written by Susan Pigg of the Toronto Star. It appears as though we are coming full circle. You may recall that the Toronto housing market was in a vicious correction from 1990 - 1996. Those were very bad years with the price of housing falling significantly. Those who bought in 1989 were the most hurt. [ 434 more words. ]

23/01/2015

Germany upholds man’s right to p*e standing up (and splash the floor a bit) http://wp.me/pJ2gZ-w

Reblogged from: National Post | News

20/01/2015

How Airbnb renters are helping Canadians pay off their mortgage in a grey-market area http://wp.me/pJ2gZ-t

Reblogged from: Financial Post

15/01/2015

How once-booming Calgary is now becoming the drag on national home prices http://wp.me/pJ2gZ-q

Reblogged from: Financial Post

05/01/2015

Ontario Rent Increase Guidelines and rent control http://wp.me/pK5UM-24O

Welcome to 2015. As you know Ontario has "rent control" for existing tenants. This means that a landlord is limited to the amount that he can increase the rent in any given year. The limitation is designed to protect tenants. Some things to remember: 1. Ontario has had rent control since the 1970s. That's the reason why there are almost new rental complexes in Ontario. [ 402 more words. ]

27/12/2014

Can this young couple afford to get into Toronto’s hot housing market before prices push out of reach? http://wp.me/pJ2gZ-m

Reblogged from: Financial Post

18/12/2014

For in Canada the “own vs. rent” question is more difficult http://wp.me/pJ2gZ-l

Reblogged from: Ontario Real Estate Preparation Course - Independent Tutoring for OREA Exams - Real Estate Math - Toronto, Canada

17/12/2014

To be forewarned is to be forearmed!!

Reblogged from: Ontario Real Estate Preparation Course - Independent Tutoring for OREA Exams - Real Estate Math - Toronto, Canada

16/12/2014

Two ways that tenants can live “rent free” – The good and the bad http://wp.me/pJ2gZ-i

Do a google search on "live rent free in Toronto". Amazingly, things do turn up. It is possible for a tenant to live "rent free" - the "Good Way" and the "Bad Way". First the bad way: The above tweet references an article in National Post. It includes: Legal loopholes allowed tenants to live rent-free for almost 10 months in a $3,600 per month downtown Toronto apartment, court heard, one of an increasing number of cases that prompted an exasperated judge to call for changes to the way landlord and tenant disputes are handled in Ontario. [ 263 more words. ]

14/12/2014

Are a good investment in the market? http://wp.me/pK5UM-23F

The above tweet references an interesting article about the real estate market. What I find interesting is the part of it that recognizes that the Toronto real estate market is the sum of many different parts. Condominiums are one part of the market. Because rental properties are rarely built in Toronto (that's the problem of rent controls) condominiums do provide a source of rental housing… [ 210 more words. ]

14/12/2014

How a tenant can live rent free in Toronto http://wp.me/pK5UM-23j

Introduction - The Questions of Owning vs. Renting Continued There are many who presume that owning is always better than renting. Is this always true? Not necessarily. I have explored this question in a variety of posts. There are clear instances where it can make sense to rent rather than to own. Real estate is a capital asset. The question is often how to make best use of your capital. [ 646 more words. ]

11/10/2014

Getting a divorce? Here are four things to consider before selling your real estate http://wp.me/pJ2gZ-g

Reblogged from: Financial Post | Business

16/08/2014

To rent or to buy, that is the question: whether tis better to pay rent or pay interest http://wp.me/pJ2gZ-e

It can make sense to rent – Why the market for will continue to be good wp.me/pK5UM-22F— Landlord Relief () August 16, 2014 The above tweet references an interesting post which rebuts the presumption that it… [ 30 more words. ]

16/08/2014

It can make sense to rent – Why the market for will continue to be good http://wp.me/pK5UM-22F

https://twitter.com/LandlordRelief/status/500586345119506433 https://twitter.com/LandlordRelief/status/500586948755333120 Home ownership continues to be the North American dream. That said, it doesn’t always make economic sense. I recently… [ 812 more words. ]

06/08/2014

Interesting article. Renting to students can work very well. Furthermore, buying a house for your son/daughter to share with other students can be a good way to finance an education. See the posts at landlordrelief.ca on renting to students.

Reblogged from: Financial Post | Business

06/08/2014

In – Landlord selling property must honour lease with tenant http://wp.me/pK5UM-22r

https://twitter.com/LandlordRelief/status/496790338116530176 This is a question that we get again and again. What happens if: 1. You are the landlord of a property which is occupied by a tenant with a lease? and 2. You wish to sell the property. The… [ 69 more words. ]