How To Raise The Rent At Your Investment Property
Being a landlord requires management skills, sales skills, and negotiation skills as you are constantly working with people (your tenants). One sensitive subject for both the landlord and tenant can be “How much is the rent going to be?” Once the tenant is living there, raising the rent is important but can be [...]
Whatâs New in the Ontario Residential Tenancies Act?
On January 31, 2007, the Government of Ontario brought into effect the new Residential Tenancies Act (RTA), replacing the old Tenant Protection Act that had been in effect since 1998. As a renter, perhaps the most important thing you can do is to simply know your rights by understanding what the RTA is all about [...]
The Advantages of Renting an Apartment Vs. Owning a Home
You’ve probably heard this before: if you’re making a monthly rent payment, as opposed to a monthly mortgage payment, you’re essentially throwing your money away. Well, as common as the saying is, it’s not necessarily true – in many situations, it’s actually much more advantageous to rent an apartment rather than own a home. Here’s [...]