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Leasing your investment property

Paula Tysoski
Wednesday, July 5, 2023
Leasing your investment property
Leasing Your Investment Property Special Report
 
Our leasing system handles all these details for you so you can have peace of mind your investment is protected, Call/Text 226-400-6458 to get started today!
 
Here is a short overview of key points. Call us for more detail.
 
How to be sure you lease to the right tenant
It’s all about researching and interviewing the potential tenant. There is no room for shortcuts or leasing to someone because they seem nice. You will want to be sure the tenant is responsible and reliable. Our tenant selection process handles these details for you and eliminates tenants who are not suitable before wasting your time.
 
How to be sure all your costs are covered
Planning for future expenses is key in this process. The tenant’s ability to pay, having a backup plan and length of term to minimize costs are a few of the considerations to account for.
 
How to handle non-payment of rent
Dealing with the landlord tenant board can be a time consuming and very expensive process. Doing things in the right way the first time and being on top of the details is critical. Having a professional take care of this for you minimizes your risk and cost.
Knowing the rules and regulations yourself makes all the difference. If this is your first investment property or you are a seasoned professional investor, reading up on the details is and important step. The Ontario Landlord and Tenant board is your first step https://tribunalsontario.ca/ltb/
 
How to handle necessary repairs and who pays for them?
Repairs are going to be needed at some point along the way. Determining who is responsible for the cost and how the costs are paid for can be tricky. Keeping accurate records and a trail of messages in writing can save you unnecessary frustration and costs. What was written in the contract? Did you and your tenant sign a recognized Agreement to Lease and the
Residential Tenancy Agreement (Standard Form of Lease)
Both of these forms are designed to help you protect your investment.
 
Our leasing system handles all these details for you so you can have peace of mind your investment is protected, Call/Text 226-400-6458 to get started today!
 
 

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