Probably the main thing that stops potential real estate investors from buying rental properties is the fear of getting a bad tenant. I know there are bad tenants out there but it’s my firm belief (and my experience) that taking some fairly easy and straightforward steps can prevent most cases of bad tenantitis! DRESS YOUR PROPERTY FOR SUCCESS Your property will attract the level of tenant it deserves. If your property is dirty and in a state of disrepair it will attract tenants who... [read more]

There seems to be a lot of confusion when it comes to how and when to give a tenant notice to vacate when selling a tenanted home in Ontario. You can only give a tenant notice to vacate (using form N12) when you have a firm agreement of purchase and sale in place with instructions from the purchaser that they (or a family member) will be occupying the home. On the N12 form you choose “Reason #2” which specifies the purchaser will be occupying the home. If the buyer is not... [read more]