| Getty Images Key takeaways Just because there’s a recession doesn’t necessarily mean rent prices go down. In fact, during the 2008 recession, it was the exact opposite. In the current rental market, we have seen the rate of increase in rental prices come down, but this only translates to lower rent prices if you’re…
Rent Out Property
Choose the right property. Not all properties are created equal when it comes to renting them out. You’ll want to choose a property that is in a good location and that is well-maintained. This will help ensure that your tenants are happy and that they stay for a long time.
‘Beside myself:’ report details challenges of finding affordable housing in the North
In Yellowknife, the report said, the growing senior population, urbanization and strong labor market have pressured the housing supply. Rents have been ticking up, while vacancy rates fell to about two per cent in 2021, and 20 per cent of renters were unable to afford their homes. Kim Hopland and her husband Brad also know…
Toronto real estate investment property with current tenants
#GTAHomeHunt is a weekly series from the Star that gets into the details of real estate listings in Toronto and the Greater Toronto Area. Have a tip? Email us at social@torstar.ca Prices: $950,000 Neighborhoods: Mount Dennis X-factor: Conveniently located and competitively priced, this detached house, divided into three rental apartments, might be an appealing secondary…
Vaughn Palmer: Eby’s housing plan is a rush job that leaves questions
Breadcrumb Trail Links opinion News Local News columnists Opinion: Even government seems unable to say how many units could be acquired under $500M plan that has an overly ambitious timeline Published January 13, 2023 • 4 minute read 17 Comments Premier David Eby on the balcony of a suite at the 115 Place Housing Co-operative…
New funds will protect thousands of renters in BC
More renters in BC will be protected from housing speculators and profiteers through the creation of a new $500-million Rental Protection Fund dedicated to protecting tenants and preserving affordable rental homes for decades. “Today, we’re taking action to protect renters who find an affordable place to live, but are worried their building will be bought…
Man Wanted for Allegedly Renting Out Toronto Apartments That Weren’t His
Toronto Police are asking for the public’s help in locating a man who allegedly rented out apartments that were not his. In a news release issued on January 10, police said that a man advertised apartments for rent online between July and November 2022. However, he was not authorized to rent the units, nor show…
People keep trying to sell or rent Toronto homes they don’t even own
Whether you’re looking to rent or own a home in Toronto, sky-high housing costs are an unavoidable reality of life in the economic heart of Canada. So when you see a deal that’s too good to be true, trust your gut. It could be a scam. Just days after the Toronto Police sought the public’s…
It’s happened again. 2nd Toronto home listed for sale without homeowner’s knowledge
When Melissa Walsh’s great uncle moved into a long-term care home in late 2021 just before his 95th birthday, her family decided to rent out the east end Toronto home he’s owned since the 1970s. The idea was to help him pay his expenses. The family had turned to a local Royal LePage brokerage where…
Is your Tayside and Fife politician a landlord?
Is your Tayside and Fife politician a landlord? Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. E-mail An icon of a paper envelope. Facebook An icon of the Facebook “f” mark. Google An icon…
5 Financing Options to Kick-Start Your Real Estate Investing Career
Photo: istockphoto.com Last year, American property owners earned more from real estate appreciation than they did at their jobs. This starting statistical underscores how real estate has been a continuous wealth builder despite a fluctuating market. Owning multiple cash-flowing units is a sure fire way to attain financial independence. However, getting started is a stumbling…