Tags Posts tagged with "Landlords"

Landlords

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Cannabis, also known as marijuana, will be legalized in Canada on Oct. 17. However, that doesn’t mean you can use it anywhere you wish.

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I recently read about four young professionals who were able to rent a detached home together for less money than they would each have to pay for a one-bedroom apartment.

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A new CIBC poll says Canadians who own a rental property earn about $2,189/month – 50 per cent more than their monthly costs – and those who rent out space in their home offset their housing costs by 70 per cent.

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The standard form lease tries to be all things to all people and ends up being suitable for no one. Because it tries to be generic enough to fit all tenancy situations, it ends up fitting no tenancy situations.

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Unfortunately, due diligence is perhaps best approached with the belief that the vendor is trying to hide something from you. Because of this, it's wise to go in knowing your answer to the following questions.

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The tenant walks away from the "binding" offer to lease. Can you save the deal? Taking these steps protects you from any surprise material issues popping up and ruining your supposed binding offer.

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The tenants filed the same complaints with their new property manager but had no better luck. According to the tenants, the landlord’s response was that they could do nothing to resolve the issue.

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The legal marijuana business is booming and landlords are taking notice because these businesses have a solid cash flow and are able to pay a premium in rent. Make sure the following critical steps are taken to avoid risk.

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If organized real estate could get the ball rolling on this through their PAC, it would help everyone in the end. It would be an incentive for landlords to keep their units in good shape. Help increase property values.

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In what very well might be a record for living rent free, a recent case illustrates how a tenant was able to freeload for over 18 months despite agreeing to an order requiring him to vacate the unit.