If a tenant has not been seen in the rental unit after an eviction order has been granted but before the sheriff appears to execute it, don't assume that the tenant has returned possession of the unit to you unless you have received the keys or a written notice from the tenant. If you rented it out prematurely or disposed of any item, no matter how trivial its value might be to you, the tenant could still claim they were in possession of the unit and would have moved on the day the sheriff arrived. You could be required to compensate the evicted tenant.
Tenants pay the property tax, not housing providers. Housing providers collect the tax on behalf of the tenant and remit it to the government in much the same way as retailers collect HST on the sale of goods and services to the end customer.
Each $100 increase per year in any operating expense reduces your property value by $2,000 (at a 5% cap rate). You lose $20 for each dollar you didn't increase your rent. For example, in a four-plex renting out at $1,200/month each = $57,600/year x lost 2% annual rent increase = $1,152 = $23,040 lost property value.
It costs 7% to 10% more for EACH DEGREE above 71 degrees F (21.7 degrees Celsius). Heating an apartment to 76 F versus 71 F can cost 50% more!
You can't garnish social assistance income but you might be able to garnish the bank account it was deposited into.
A previous landlord can't give a bad reference to a new landlord unless the new landlord has written permission from the tenant to contact the previous landlord. PIPEDA legislation states that you can't "shame" a tenant no matter how bad their behaviour was, how much damage they did, or how much rent they didn't pay.
A guarantor is not a tenant. You can't get an LTB judgement without a debtor's name and you can't put a guarantor's name on an LTB order. The case of Kar v. Chung  established that a landlord won't receive an LTB order against a guarantor for unpaid rent even if the lease was drafted to make it appear that the guarantor was a tenant.
If a tenant refuses to move out after a housing provider properly delivers the N12 form, the housing provider must still pay the one-month rent compensation to the tenant before the tenancy termination date or the LTB will dismiss the case and you will have to re-start the entire process from the beginning.
Are you properly insuring your investment against catastrophic events and have the right coverage? For example, cleanup of an unattended death could cost you $25,000 to $50,000 if your insurance doesn't include this uncommon 'peril'.
There are very specific group of individuals whom this course would be best for. We go through some beginner topics and then dive extremely deep into advanced topics. Coming out of this program, you will be confident that you are making informed decisions on your rental business.
We're so confident that you will learn something new that we're willing to give you a refund after Class 1 if you aren't satisfied.
Session 1: Saturday, January 13, 2024
Session 2: Saturday, January 20, 2024
Session 3: Saturday, January 27, 2024
Session 4: Saturday, February 3, 2024
Session 5: Saturday, February 10, 2024
-Skip Family Day Long Weekend-
Session 6: Saturday, February 24, 2024
Each day runs from 9:00 AM EST to 4:00 PM EST with a 12:00 PM EST lunch inbetween.
If you miss a Session, there are recordings from past Sessions we conducted that you can use to catch up.
The program is being taught at the Centre for Security Management and Training located at:
1527 Warden Avenue
The major intersection is Warden and Ellesmere.
Parking is free at the facility.
We are very confident you will find it worth your time. However, if not, all participants can take the first session to see how they like the teaching style, classmates, and content taught. Should you be unhappy with anything, you have 7 days after first class to request for a refund. To do so, you can contact us at firstname.lastname@example.org and express your interest for a refund.
In this cohort, all participants have an optional 45-minute coaching session with our paralegal partner, Jordan Nieuwhof CEO of Legal Enforcements within 6 months of the program's start date. Jordan specializes in the Landlord and Tenant Board matters and his clientelle consists 95% of Rental Housing Providers with a small minority being Tenants when there is clear wrongdoing from the Rental Housing Provider.
How you can use Jordan's team:
- Issuance of notices such as nonpayment of rent
- Garnishment of wages
- Filing for small claims court
- Introduction to have a paralegal in your back pocket when you need them
All participants are part of a Facebook group whereby the instructors will monitor on the weekly. This is an intimate and closed group of like-minded individuals who are working towards a responsible rental business future. Instructors are monitoring the chats every single week and will answer questions throughout the weeks. This will be indefinite because the community does not close down after the program ends.
We're glad you asked. As of November 2023, you are witnessing a small startup come to fruition. We have a roadmap of solutions to solve the most pressing problems that we feel can be solved by software.
Some of the value-added services which you will receive for free throughout the 2024 year are: rent reporting, unlimited searches, generation of leases, generation of notices, small claims court filing, and more. You will be the first to know when we launch because you'll be the first ones to access it before anyone else.
We work with a Toronto company called ZipLunch who provides the lunches for all individuals present for the training program. Your dietary restrictions and/or preferences will be noted. We have used ZipLunch in the past and they never fail to satisfy. Should you wish to bring your own or opt out, it is up to you. It is included in the overall fee.
If you're looking for the best, this is it. Chris has worked for over 40 years to accumulate the expertise he is teaching. Weiting is bringing forth all of the logistics around this course. We have put together an extremely high quality program that we are proud of. In fact, this discounted price isn't going to last forever. Prices are expected to go up for further cohorts.
Payment can be done through wire transfer or e-transfer to Openroom after you are accepted. You will receive more details on the program including how to pay and what else to expect from our team within 24 hours of applying or speaking with our team. All participants will receive an invoice for tax filing purposes on for your rental business.