All Forum Posts by: Kendra Lacarte

@Hai Loc Thanks!

@Roy Cleeves Thanks, Roy! That is helpful. Are we allowed to ask for a rental application fee?

I am just about to list my first rental property and want to make sure I do everything by the book.

Kendra

Hello,

Are we allowed to ask for a rental application fee in Ontario?

Also, are we allowed to ask for a deposit to hold?

Thanks!

Kendra

Hello, 

This question goes out to people that rent out property in Ontario, Canada.

Is there a standard rental application that we must use when screening our tenants in Ontario? I believe that we have to use the lease provided by the Landlord Tenant Board, but I can't seem to find info about a standard application. I just want to be sure.

Thanks!

Kendra

Hello,

My parents want to sell 2 income properties to me. One would be a full sale of a single family and they want to jointly own their duplex with me.

Can anyone familiar with Ontario, Canada laws able to provide me with some options in what is the best way to do this?

They want to pull cash from the duplex for a downpayment on a new primary residence.

Any advice would be great.

Thanks,

Kendra

Thanks for the replies folks. I will check out your suggestions.

Hello, Can anyone recommend some property management software that they love? Thanks, Kendra

Hello,

I have a fairly new Property Management company. I will be putting in an RFP for a building. (I have never completed an RFP. This is a first but it is a very basic one).  This building is unique in that it is owned by 2 organizations; the municipality (8 units) and by an organization that offers geared to income housing (15 units).

I would be responsible for the 8 units owned by the municipality and all the common areas. The common areas need to be cleaned, vacuumed and mopped 3 times/week. This also includes all the snow removal. (and we get a lot of snow up here in Northern Ontario Canada!) The 8 units owned by the municipality are also geared to income.

I have never managed a geared to income property so I really don't know how to decide on a fee. Should I just go flat rate/unit, and if so, how much should that flat rate be? Is there anything I should know before putting in the RFP on an 8 unit geared to income property?

Any and all advice is welcome!

Kendra

Hi Roy! Things up North are great. Thanks again for sharing your knowledge! Much appreciated. Hope all is well with you, Kendra

Hello. I am Canadian and I was wondering if anyone could give me the name of a reputable Property Management Association in Canada...and more specifically, in Ontario? I am just getting into property management and would like some credentials to back me up. Thanks, Kendra