Winter is around the corner and nobody likes getting those painfully expensive home heating bills. They are worse than the cold weather! Here are a couple tips to keep your heating bill low and your spirits high this winter season. Add weather stripping to your doors and windows -> keep those nasty drafts from...
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Over the weekend, the Toronto City Council released their new Proposed Regulations for Short Term Rentals that would put extreme limitations on renting your secondary home for short periods of time. If passed, the proposal would ban short-term rentals in secondary homes. These proposed regulations will hugely effect owners of second homes, Toronto residents, small...
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The Rental Isn’t Clean Enough Upon Moving In It is rare that a tenant, who is moving out, leaves the rental move-in-ready for the next tenant. The simple solution to this problem is hiring a professional cleaning service to get it back to 100% clean. If you don’t want to pay a cleaning company...
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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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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 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...
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