Cottage season is a time of great opportunity for cottage owners and investors. People are happy to pay premium prices for a chance to relax with family and friends for a week in the nice weather. If you’re looking to rent out your cottage, follow these tips to make sure you’re attracting tenants the...
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Too often, landlords show potential tenants their rental, and wonder why they couldn’t close the deal. Often, there is a simple and aesthetic solution. Consider these 3 factors before showing your home in order to boost your chances of securing a great tenant. Curb Appeal First impressions are important, and the exterior of your property...
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If you’re a new landlord – welcome to the world of business ownership! Unfortunately, there is more to do in your job description than just collect money. Make sure to follow these 3 steps before renting out your property to tenants. Learn Provincial Laws As a landlord, you must be aware and well-versed in...
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Who says garages are just meant for cars and lawnmowers? Why not transform your garage space into a rental unit? Before you start knocking down walls, check out these 3 tips to ensure you are going about the process the right way. Find Out The Rules and Regulations Contact the town or city that...
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When looking to purchase an investment property it is crucial to pay attention to the details of the home you are purchasing. For example, is the foundation in good shape? Is the plumbing and electrical going to pass inspection? Even if you think you know the real estate market inside and out, it is...
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So what does it take to land the “Rental of the Week” according to Toronto Life? Just ask us at Performance Property Management! It begins with a stunning 847 square foot condo, boasting 9-foot ceilings, 2 bedrooms, 2 baths, 1 parking spot, 1 locker and a spacious balcony in the Queen West area. Did...
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Performance Property Management would like to take this opportunity to update our property owners on some updates with the Ontario Housing Market that were released yesterday. This morning Kathleen Wynne, the Premier of Ontario, made an announcement to “cool the hot Toronto housing market”. As she mentioned, there will be a number of significant...
READ MOREDue to high tenant turnover rates, many landlords are often left desperate needing to fill their vacant properties immediately, leaving them scrambling to find tenants as soon as possible. The problem with renting out your property to just anyone, is that you are taking on a huge financial risk not to mention a lot...
READ MOREIt is always worth it to be rigorous when it comes to screening potential tenants because quality tenants become long-term tenants, and long-term means more profit for the owner. Here are 3 simple, yet highly overlooked tactics for screening candidates better. Check Social Media This seems obvious in today’s world but most owners only...
READ MOREFamilies make amazing renters because they value stability making them less likely to uproot and move as frequently as younger tenants do. In order to attract this highly sought-after demographic of renter, focus your marketing efforts in the following 3 ways, or simply let us at Performance Property Management handle it for you! ...
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