Ontario Landlords Association Membership is Highly Recommended For Ontario Landlords and Investors
Ontario real estate has taken off in 2015. Prices are growing fast, especially in the Toronto and Greater Toronto Area (GTA).
With such excitement from both local and international investors there has been an increase in the number of rental properties in Ontario, and that means an increase in the number of residential landlords.
Challenges and Opportunities for Ontario Landlords and those Investing In Ontario Rental Properties
Ontario has a lot of advantages for landlords and property investors.
For example, there is a lot of net migration into the province in 2015. This begins with a large number of immigrants choosing Ontario as their new home. This particularly applies to Toronto and the Greater Toronto Area, such as Markham, Mississauga and prestigious areas such as Aurora and Newmarket.
Another advantage is the diverse economy in Ontario. Unlike Alberta which relies heavily on the oil and gas markets, Ontario has a large number of strong economic pillars. These run from banking to telecommunications to auto manufacturing and beyond.
Dangers for Ontario Landlords
By far the biggest downside for Ontario landlords and investors is the current Residential Tenancies Act.
This challenge is multiplied by the controversial and often criticized Ontario Landlord and Tenant Board which is viewed by many Ontario landlords as unfair and hugely biased in favour of protecting bad tenants.
In fact, many landlords who have been through the eviction process at the Landlord and Tenant Board believe the government has purposely made it extremely difficult to evict even tenants who haven’t paid rent for 1.5 years difficult because they want to download these bad tenants from government housing onto the backs of private small residential landlords.
Examples of ‘pro’ tenants manipulating the system are numerous. These include tenants who have refused to pay rent for years and have bankrupted landlords who rented to them.
Ontario Landlords Association Membership Is Recommended
There are only two major landlord associations in Ontario. One, FRPO caters to the large corporate landlords and seems to be associated with large corporate landlords and suppliers to large corporate landlords. The other major landlord association is the Ontario Landlords Association.
Why The Ontario Landlords is Recommended
This group offers the best value for landlords and residential property investors in Ontario.
1. Ontario Landlords Rental Kit
Get documents that protect you at the Landlord and Tenant Board at Ontario Small Claims Court
2. Advice and Assistance
Learn from successful and experienced landlords who have already been through any situation you might face.
3. Landlord and Tenant Board Help
Do you have to go to the LTB? Learn how to prepare and how to win!
4. Educational CDs and Ontario Landlord Manuals
Learn how to become a successful Ontario landlord.
5. Credit Checks
Run premium credit checks for a hugely discounted OLA member price.
Review of The Ontario Landlords Association
Membership with the Ontario Landlords Association is highly Recommended.
There is nothing better in the marketplace. The credit check discount alone is worth the one-time membership fee.Go check it out yourself.
Landlords, join the Ontario Landlords Association for a low one-time fee and become a successful landlord!