New Tenant Eviction Rules Cleared up for you

Landlords VS Tenants 

Do you really want to be a landlord ???

Why would anyone ever want to be a landlord? Not only will you be subsidizing the person who leases your place (since it costs you more to own than you are receiving monthly), but you’re now obligated to look after this human. Yeah, just like a beagle. The heat and water have to work. The appliances, too. No safety issues. No outstanding repairs. Functioning toilets. And a tough time getting rid of someone, even if they don’t pay the rent. All so you can lose money? Huh?

https://www.greaterfool.ca/2019/01/14/the-question/

or you could take a few courses 

Gird your loins with Harry Fine   Paralegal and prepare yourself 

https://www.hfineparalegal.ca/Small_landlord_training.html

Everything has changed in the last 36 months....

Lets talk    647 218 2414

http://BuyinginToronto.ca 

I still believe in long term investment in real estate to build equity.   This is a ten and 15 year plan; not 9 months.

Larry the Landlord Bedbugs will Bite

Larry was horrified to find that even though his tenants readily admitted that they infested the apartment unit with bedbugs  It was his responsibility to eradicate the problem.

In a recent issue of the London Free Press, Denise Lash was interviewed as part of a special feature on Bed Bugs in condominium units and who’s responsible for their eradication, entitled “Responsibility to take steps to eradicate the nasty bug goes to the landlord”. Denise discusses how condominium corporations should notify their owners and ensure those owners retain a specialist bed bug eradication company if required.
 “if there are bedbugs in a condominium building, it is advisable for the corporation to inform the owners that there are bedbugs in the building (without stating which unit has the bedbugs due to privacy concerns). Residents should be told to inspect their units, and if found a specialist bedbug eradication company should be contacted”.
 You can read the full article on the London Free Press’s website here.  

It is not only the Individual Landlord but a Condominium Building could very well have the same obligations.

for Toronto Condominium Investors

If you are concerned about the quality of your investment in Toronto real estate, Why not invest your money in Canada, in Toronto,



We have an excellent opportunity and a buoyant market, with a growing metropolitan area being Toronto, Ontario, Canada.

If you would like the comfort and return on investment from knowing your money is safe and secure. 

Call me at 647 218 2414,

And we will find and income and investment opportunity for you.

When you purchase a home they not only get bricks and mortar, you buy into a community and lifestyle. You create a nest egg for your future.  Lets make our search specific to your community.

Thank you.


http://www.DavidPylyp.com
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http://www.SellinginToronto.ca

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Have you had the worst TENANT ever?

Has your Landlord Tenant Experience been the very worst experience in your life?


I've attended many a hearing at the LTT over the last 25 years and I can tell you.....


My Faves?


The tenant that left the [basement apartment] water running to dampen the noise from upstairs. Landlord entered to turn off the water and a dispute started. Result?  Landlord was served with a restraining order to stay away from Tenant's Residence!  (They lived upstairs)


Rent Increases do not apply for units constructed after 1991.  So Market Rent rates prevail.


During the course of an upscale property eviction [non payment]  LTT Tribunal attempted to reserve decision on the Eviction Order and the Tribunal was reminded that their claim limit  would be exceeded if they delayed a ruling.   [Rent was $4,500 per month LTT Limit is $10,000]


What is your worst Tenant Story?


Add them here!