Ontario’s Landlord and Tenant Board has collapsed, landlord says
The backlog at the RTB in BC is also happening in Ontario.
Read Full ArticleA collection of research and reports on the topic of PM Challenges & Tenant Issues in the rental property management business around the globe. Read through, see where opportunities are heading and share your opinions.
The backlog at the RTB in BC is also happening in Ontario.
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I feel for this owner and her daughter. She worked hard to buy her own home and take advantage of “professional tenants” who know how to play the system.
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New high-rise buildings are beautiful and shiny with the latest and greatest. A very important point raised in this article is what happens when an elevator goes down and the more floors the more riders. The costs of maintaining the building will continue to increase, and so will your strata fees. Who said new buildings are cheaper to rent out?
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Instead of complaining, I believe there is a need for collaboration to get issues addressed. Collaboration is better than confrontation any day. What are your thoughts about this Facebook group?
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Reading deeper, it's great marketing by Prince Rupert to attract residential developments as the City is offering incentives by waiving fees for building permits, rezoning, and a break on property taxes for up to 10 years! Has anyone done the math?
There is a better way to sell a tenanted property to avoid this penalty. Sell it tenanted and have the buyer serve the tenant notice to vacate for personal use.
The demand for work from home was already established after the pandemic lockdown. Technology made it quick and easy. The question is how landlords can maximize their value proposition and attract qualified tenants who can afford to pay the rent?