Updating Your Home

3 Tips To Help You Buy Your Next Investment Rental Property

Posted by on Jul 21, 2016 in Uncategorized | Comments Off on 3 Tips To Help You Buy Your Next Investment Rental Property

Buying a residential rental property can be a good investment, as the property increases in value over time and brings in a monthly cash flow from rent. But, before you can reap the benefits of an investment property, here are three tips you should consider to help you during the process. Save Your Down Payment Before you begin shopping for a rental property, make sure you have enough cash set aside to put toward as the down payment. Canada’s new mortgage rules require you to put down at least 20 percent of the purchase price on a...

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The Dirtiest, Most Emotional And Time-Consuming Aspects Of Being A Landlord And How A Property Management Company Can Help

Posted by on Mar 28, 2016 in Uncategorized | Comments Off on The Dirtiest, Most Emotional And Time-Consuming Aspects Of Being A Landlord And How A Property Management Company Can Help

Property investment is a attractive way to diversify your investment portfolio, but being a landlord can be a messy, emotional and risky job. Luckily, there are ways to reap the financial benefits of investment property ownership without having to endure the trials of being a landlord. You just need to let a property management company handle the dirty work. Here are five of the worst things about being a landlord and how a property management company can help: 1. Handling the hoarding In many cases, between tenants, you have to paint the...

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How To Pay A Lower Security Deposit On Your Next Apartment

Posted by on Dec 22, 2015 in Uncategorized | Comments Off on How To Pay A Lower Security Deposit On Your Next Apartment

When it’s time for you to move to a new apartment, such as Wynn Residential Apartments in Toronto, you have to budget for a number of different moving expenses, many of which are not in your control. If you’re trying to save money, one way to do so might be by negotiating a lower security deposit on your new apartment. The security deposit amount is largely up to the landlord or property manager. They may be constrained by local laws – for example, in Alberta, the landlord cannot charge more than a month’s rent – but...

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3 Things You Should Know About Your Security Deposit

Posted by on Aug 13, 2014 in Uncategorized | Comments Off on 3 Things You Should Know About Your Security Deposit

We’ve all been there. You move out of an old apartment, and then you are faced with trying to collect your security deposit. It can be a painful waiting game to see if you are going to get your money back, especially since you might be trying to scrape together cash for your new place. The great news is that by understanding how security deposits work, you can improve your chances of seeing that money again. Here are three things you should know about your security deposit. 1: Documentation Is Key By the time most people find the...

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