The fact that a tenant is in occupancy of your rental property does not mean the door is completely closed on carrying-out renovations. As with many matters relating to rental properties, it is possible to do as you wish but not without having to engage the tenant.
One of the most overlooked maintenance pieces in condominium apartments involves a small drain leading from the air conditioning/heat pump unit. It’s not big, but can present real problems. This drain can become easily blocked, and once blocked, the drain’s overflow tray fills with water and can overflow and cause damage to both the hardwood floors walls in your unit, and in adjacent units. This can be a silent and symptomless problem, especially if it drains into another unit, and not yours!
One of the most contentious issues for people renting out their homes is crab grass. It’s true! Many people who have rented out their houses are careful to include a requirement for tenants to mow the lawn right in the lease. However there is a difference between mowing the lawn and gardening. Mowing the lawn does not include weeding flower beds, fertilizing, aerating, watering and general lawn and garden maintenance. And mowing the lawn has nothing to do with controlling or removing crab grass.
It has been said the power of the Mafia was not the use of force, but the threat of it. The same holds true in seeking compensation from a tenant for damage they caused: use the threat of harming a tenant’s credit score to extract compensation, resorting to using a credit collector only if your tenant chooses to be a wise guy.
The importance of paint choice is a rare instance where something is both hard to quantify and yet invaluable. As property managers, we recognized its importance many years ago and now recommend to our clients that they choose from a range of colours that have proven themselves both popular with tenants, and good investments for landlords.
Property Managers will always recommend property inspections – not necessarily to check on tenants, but to check on the property itself, and to ensure that critical issues are not missed, and that small but essential maintenance items are taken care of, before they become larger issues.
Until 2005, the Greater Toronto Area was developing in a manner not unlike that of Los Angelas: vast urban sprawl. Recognizing the hazards of this approach to development, the Government of Ontario passed the ‘Places to Grow Act‘ in 2005. In short, it has fundamentally shifted the nature of home construction from single-family detached and semi-detached homes in the outlying regions of the GTA to condominium units in in building scattered across the city.
One of the most commonly misunderstood concepts is whether an owner of a condo unit requires home insurance. While it’s true that the Condo Corp generally ensures the building structure and common areas, the same is not necessarily 100% true with the interior of your unit.
No season is as rough on a home as the winter and sadly this is the season that everyone spends the most time indoors and thinking the lease about the condition of the property. Making preparations for the season is critical to ensure no issues develop in the cold winter months ahead.