Being a landlord

Do you want to manage your own rental properties? We share tips on how to be a landlord and the key responsibilities to manage your property successfully.

First time landlord? The five most important things to know before becoming renting your space. Being a landlord can be great - a little extra income and some peace of mind for a second property. Find out what you need to consider to make it the best experience possible.

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Want to become a landlord? Read on to find out what successful property managers have in common and 4 habits to develop:

Owning a rental property can be quite rewarding for determined landlords. For you to succeed, you need to invest in constant improvement. To succeed as a property owner, you must attract high quality tenants and keep them happy. One of the best ways to do so is to own an attractive rental property. Properly maintaining your rental units, will help you keep your property’s value as well as keep your tenants happy. Here are 7 key maintenance tips for rental properties: 1. Restore the home’s…

I rented my house out to go to Asia for a year and here are 7 things that I learnt about being a landlord after my house got trashed by tenants.

Being a tenant comes with its own set of responsibilities. In fact, since the establishment of the Residential Tenancies Act of 2006, both tenants and landlords in Ontario have been obligated to comply with specific requirements. Let’s review what those are, as understanding and following them will help you harmoniously coexist with your landlord and the broader community for months, if not years, to come.

Find out how as a renter you can protect yourself from dodgy landlords and rental agents.

Rental property lease agreements are a guideline for both landlords and tenants and could be used if there is disagreement. A proper lease prevents problems from arising in the first place.

How in the WORLD do you get a bad renter out?! It can be tough. First, provide them with a 5 day written notice posted on the door to "Pay or Quit." This can also include a demand to vacate and termination of the tenancy. If they don't vacate, file an "Unlawful Detainer" in General District Court. Once judgment is rendered, the landlord must get a "Writ of Possession," which allows the sheriff to remove them. Word of wisdom: Don't ever "self-help" and do it alone...could open up liability.

Landlord Hacks & Investing (@landlord_hacks) posted on Instagram • Oct 20, 2020 at 6:17pm UTC

Thinking of becoming a landlord but unsure of everything involved in the process? You aren’t alone in this thought. While being a landlord has its perks, there are definitely some avenues to consider and think about before taking that step. Take the time to understand everything that you need to consider having in order before making the move to become a landlord!

So you’re ready to take on managing rental property yourself. Rather than outsourcing every aspect, you’re prepared to learn how to manage rental properties.

Rents have steadily been on the rise! And rents are expected to continue rising. If you’ve had the desire to learn how to be a landlord, now is your time. However, whether you’re experienced or this is your first venture into renting homes, the key is ‘learning how to be a landlord’. There is always something new to learn, whether getting started or improving your existing processes. Here, we look at tips to getting started.

In life, we move through stages: as children, we live with our parents, and as adults, many of us dream of owning a home. Often, we rent before buying our first property. Later, some may rent out their own homes. While being a landlord has its challenges, I believe renters should treat homes as if they were their own. One day, they may become landlords themselves and would want their property cared for. It’s sad to see neglect simply because the home isn’t theirs. Gratitude and respect for…

Understanding the basics of a rental agreement is vital for landlords and tenants alike. Any lease should begin with a well drafted rental agreement. This is not only a legal requirement, it also helps ensure a smooth landlord-tenant relationship. By drafting a rental agreement and going over it with tenants it will help establish a clear understanding of the terms by which a landlord grants use of his or her property. There are a few crucial elements that need to be included in all rental…