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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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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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 MOREHiring a property manager to manage your investment can take a lot of time and research in order to secure the best one for you. Make sure to keep these 2 tips in mind while searching for the perfect property management company out there. Do Your Online Research The internet is your best friend...
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Social media rules the marketing world. This being said, social platforms like Facebook, Twitter and Instagram are extremely beneficial for Landlords looking to secure tenants. It is super simple to get started. Here are 3 tips for attracting new tenants using social media. The Visual Power of Instagram More than 30% of Millennials...
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Like in any long-distance relationship, communication can often be difficult. For out-of-country landlords who must manage their properties by phone and email, it is easy to miss important details which can turn into bad decisions which could ultimately cost money in the long run. Here are 2 reasons to contact us at Performance Property...
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Being a Landlord is a lot of work, so having to organize your own bookkeeping on top of overseeing your properties and maintenance is probably the last thing you want to do. Here are 3 reasons Landlords and real estate investors should consider outsourcing their bookkeeping to us at Performance Property Management. ...
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In real estate, first impressions are everything. Have you ever searched for properties online and been turned off by the ones that don’t include images? Terrible, isn’t it? 92% of homebuyers search for their dream home online, so including professional photographs with each listing is a key selling feature. When a Developer or Property...
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