During These Challenging Times You Need To Become An ONTARIO EXPERT LANDLORD To Run A Profitable, Successful Rental Business. Take Control Of Your Financial Future!
Being a small landlord in Ontario is not a hands-off investment. Especially these days. There are so many tenants who abuse the system you need to be careful at all times.
Let’s look at some of the most common challenges we face:
1. It’s becoming common for tenants to decide they don’t have to pay rent
2. It takes months to get a Hearing date at the Landlord & Tenant Board
3. Some tenants are becoming aggressive and threatening
4. The government is offering no support or help for small landlords
5. Eviction dates for people who haven’t paid rent in 2019 or 2020 might be delayed until 2021
Is The System Fair? No, But You Can Still Succeed!
The laws in Ontario are very “bad tenant friendly.” By this, we mean bad tenants who know how to manipulate the system and stay for months and months rent free.
We keep reading about non-OLA members saying:
“It’s not fair, they aren’t paying, the system needs fixing, I’m out $20,000, they haven’t paid for months, they trashed the property, oh I’m so sad!”
We teach landlords the system isn’t fair (and hasn’t been for over a decade) and the rules can create a horrible nightmare for honest, hard-working small landlords and our families.
Complaining, Protests, Letters To The MPPs, Credit Reporting, Ombudsman, Chasing After Debts You Won’t Collect…Will Not Help You Succeed!
The government is 100% aware of the nightmares small landlords face. So protests, emails, calls to the Ombudsman, etc. won’t help us.
Yes The Provincial Government Is 100% Aware Of What’s Going On
But they don’t care!
They don’t want a wave of evictions to happen and bad headlines in the media…so instead small family landlords are expected to “eat the costs” for their political ambitions. That means you are stuck paying the bills for others.
You Can Still Run A Profitable And Successful Rental Business in Ontario
Become an expert and learn the rules and learn how to use the rules to help you succeed.
Learn How To Win and Profit!
If you want to succeed it’s up to you to learn how to successfully maneuver in a challenging environment. Those who understand the system can use it for success, as many OLA members are wealthy due to their rental properties.
The landlords who are protesting & complaining are not OLA members. They didn’t screen carefully & didn’t know what to do when their tenants didn’t pay rent. Most won’t see a dime of money owed to them!
With the way things work in Ontario, many landlords who fail to treat running their rental business super seriously will fail. But those who take the time to become experts can succeed.
Don’t Fret, Don’t Give Up…Become An Expert Landlord And Run A Profitable Rental Business!
The rental industry is complicated and you need to become a sophisticated investor/landlord. You need to become an Expert Landlord who knows the rules better than any bad tenant does.
By learning the ropes and learning the rules you can run a very successful and profitable rental business and AVOID problems later on.
There Are New Rules To the Residential Tenancies Act (RTA)
Landlords need to be aware there are many changes to the RTA thanks to Bill 184.
Landlords also need to be aware that any mistake we make in our filings with the Landlord and Tenant Board must be “perfect” or they will be rejected! We must also prepare extremely carefully for our LTB hearings.
Become A Landlord Expert Or Lose At The Landlord And Tenant Board!
With hearing dates taking over a year you need to make you sure you WIN at your hearing. If you don’t it will take forever to get another hearing date…so make sure you win!
Tenants Get Free Legal Help At the LTB Hearing
LTB Hearings are confrontational: landlords vs. their tenants. Many small landlords are shocked at how the system wants you to lose and you to pay (so the government doesn’t have to pay for housing…you do).
But it’s not really you versus your tenant, it’s you versus a very experienced lawyer or paralegal who know the laws inside out. And they get rewarded for winning over landlords.
Do not underestimate the dirty tricks they will use to win for their tenant client and do whatever it takes to win for their tenant.
Small Landlords Need To Take Matters Into Our Own Hands
This is especially important as Bill 184 is now law and it will take months and months to get a Hearing (so when you get your hearing date you need to win or you could face another six or eight months of non-payment of rent!)
Learn The New Rules With Bill 184 And What You Need To Learn To Get An Eviction At the LTB
Created by experienced and successful landlords who know the legislation, know the rules, know the laws… but also know being a landlord is a “people business” that non-landlords will never understand. You can download this 24/7 along with all our other helpful advice and services.
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Our CD along with help in our forums will help you succeed.
Become an Ontario Landlord Expert And Learn The Ropes of Running a Profitable Rental Business in Ontario – Yes It Can Be Done! Start Winning!
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