Archive for the ‘New landlords’ Category

ODSP Recipient Tenants Struggling To Survive Pandemic

Thursday, May 21st, 2020

OLA Member Small Landlords Working Together With Our Tenants In These Challenging Times

Many people mistakenly think all tenants receive CERB (Canada Emergency Response Benefit) equaling $2000.00 per month. This leads some landlords to create their payment plans based on this.

Recently there was an important report on Citynews called “ODSP recipients struggling to survive pandemic”. This has helped us educate landlords and created a flurry of discussion amongst our members.

-According to the report, tenants on ODSP get less than $1200.00 per month.

-Also, ODSP recipients are not eligible for the CERB ($2000.00/mo) and can be punished with claw-back of benefits if they apply.

-People are being left destitute with less than $50/week to feed themselves.

Let’s Get The Message Out

For over a decade the Ontario Landlords Association has always been about good landlords working together with good tenants for a win-win situation (or survival-survival situations during these challenging times). 

Our members are working class people. These include carpenters, nurses, teachers, entrepreneurs, health care workers, police officers, fire-fighters, plumbers, seniors and others. We have invested to try to create some monthly cash-flow and prepare for their retirement.

Our members don’t live in mansions (and many of our members rent out their basements).

1. Landlords Make Sure You Are Aware Of The Real Challenges Your Tenants Face

Many of our members rent to ODSP recipients. Make sure you are aware of the financial reality your tenants face.

Talk with your tenants, work things out, understand each others concerns.  Create a realistic payment or deferral plan based on real data.

2. The Provincial Government Needs To Help Tenants On ODSP 

The provincial government needs to step up and help out ODSP recipients pay rent.

The Premier and the Minister Of Housing are aware of the challenges small residential landlords and tenants face and already reached out to the federal government (which refused to help).

With rising food and medical costs, tenants on ODSP need help from the province.

Landlords are helping but many small landlords need rent to survive and are struggling as well.

We don’t want to evict anyone (it’s the last resort) and many of us have strong, friendly relationships with our tenants.

We don’t hire property managers or lawyers to intimidate tenants. What we do is call and chat and try to work things out.

3. It’s time for an emergency “rent grant” to all tenants on ODSP or OW from the province

Small landlords aren’t rich and we have limits. We need the province to setp up to the plate.

The logistics of this will not be difficult. The province of British Columbia is already helping all tenants by paying landlords up to $500 per month to help cover tenant rent.

Let’s Stop Evictions…Here’s The Solution

Recipients on ODSP or OW can access a “rent grant” that will cover their rent for the next 6 months (which will be renewed if we are still in lock-down)

This payment will be sent to the landlord directly and the landlord will agree not to file for eviction.

Boom goes the dynamite – most evictions will be cancelled!

4. Let’s Extend This To All Residential Tenants in Ontario

-Want to avoid landlord-tenant conflict?

-Want to make sure their is no tsunami of evictions when the Landlord and Tenant Board eventually opens?

The province can easily step in and help tenants. If the government helps commercial landlords and tenants, why not help residential landlords and tenants?

The Province Needs To Help Tenants And Stop Putting The Financial Burden On Struggling Small Landlords Creating Unnecessary Conflict With Our Tenants

Airlines are getting a bail-out. Commercial landlords are getting a bail out.

What about tenants?

We need government to play a role and stop pitting landlords vs. tenants.

If this is too expensive, make the “Rent Grant” available to only tenants who are on ODSP, OW, rent from small landlords. 

We think this rent grant should go to all tenants but if there are true budget constraints at least help out tenants on ODSP, OW, and tenants who rent from small landlords.

This will make corporate lobbyists angry. But those billion dollar REITS aren’t worried about being able to pay their property taxes in June like many small landlords are.

And while these corporate landlords can spend a lot of money to politicians, they are not the same as hundreds of thousands of voters who thought they were getting a pro-business leadership.

THIS CAN HAPPEN: No Evictions, Small Landlords Secure, Tenants Secure, And We Are A Team During This Pandemic…It’s Easy To Do!

Ontario can lead  the way and be a role-model for the rest of Canada.

If millions of dollars can be invested on widening highways, money can surely be spent on saving the residential rental industry in Ontario.

…and saving hundreds of thousands of working class landlords and tenants from stress, conflict, trial dates, evictions…and worse.

Join The Huge and Powerful Tenant Rally At The Ministry of Housing March 12th! – Tenants Dare Speak Truth To Power!

Sunday, March 8th, 2020

March 12 is the Date For Change!

I am not a member of this group but I sure do admire them. These are hard working class people who are willing to sacrifice their time and money to fight for social justice.  Because I admire them so much I want to make sure all Tenants come and fight against rules that harm good working Tenants and support parasitic landlords who prey on us.

Join ACORN members and allies from across Ontario to demand real solutions to the housing crisis.

Rents are rising out of control – we need rent control on ALL buildings and protections on the rent between tenancies, so landlords can’t evict tenants then jack up the rent.

WHEN: Thursday, March 12, 2020 at 1 PM – 3 PM

WHERE: Ministry of Housing (777 Bay Street) in Toronto

ACORN members from Toronto, Hamilton, Ottawa, and Peel will be coming together to demand action. RSVP by contacting your local ACORN office.

East York “Represents” and Ready For War

We Are Preparing All Over Ontario!

Etobicoke Ready To Fight For Tenant Rights

What Are The Demands?

-No more rent increases for existing tenants. Ever!

-No rent increase between tenants moving. End the tenant holocaust of huge rent increases when tenants move out!

-Landlords must be licensed!

-We need criminal and credit checks on landlords to be mandatory!

-Landlords must have at least an accredited bachelor degree. We need a minimum educational background (Bachelors Degree) to become a landlord!

-Landlords must pass a criminal record check.  Are you a crook, no landlord license for you jail bird!

-Landlords must provide a credit and criminal check and proof of ownership to all tenant applicants who request it.

-Working with the Human Rights Commission all ‘refused applications” will require a Hearing if the declined Tenant applicant demands it.

-All landlords must put $5000.00 into a government fund so any tenant judgments will be paid from this fund immediately upon a judgement!

Tenants Are No Longer Weak And Disorganized

We Are ready to fight for our Human Rights

We Were Weak But Now We Are Strong!

Fix Toronto Community Housing NOW!

No help for my Autistic Kid, No Help With Housing, I will Fight!

We Need A New Ministry of Tenant Security NOW!

This needs to be a new branch of government.  It will be called the Ministry of Tenant Security.

This new branch of the provincial government will oversee all issues brought forth by Tenants.

Landlords cheating Tenants and Tenant Vs. Landlord Tribunals

This will include Tenant only tribunals to sue landlords for things such as poor maintenance, illegal entrance, rude and insulting behavior, proud behavior, looking down on Tenants.

It will also create a new police force that will help Tenants protect our rights and jail bad landlords who break the rule such as entering our homes without proper notice (one year in jail for a first time offense).

Join The Tenant Rally For Winning!

The usual landlord groups do nothing but kiss the asses of the landlords. Acorn and their allies like us are holding people accountable and we will do it!

The System Is Broken – Time for RADICAL ACTION TO MAKE POSITIVE CHANGES TO HELP TENANTS SURVIVE!

COME MARCH 12TH  TO THE MINISTRY AND DEMAND JUSTICE!

 

So You Want to be a Landlord in Ontario in 2012

Sunday, January 1st, 2012

January 1st, 2012

 

After years of hard work you have some money saved up.

How can I make this money ‘work’ for me? you think.

Stocks, bonds and mutual funds

You consider investing in mutual funds, or even taking the risk of investing in stocks and bonds. The closer you look, the riskier it looks. It’s far too unstable for what your goals are.

Bank Accounts

How about a bank account? It’s very low risk and you won’t have to think your investment every day. You do some research, make some calls, and realize putting your money into a bank account will yield you such little profit it’s not worth getting your bank account bankbook out! The big banks might make money, but you won’t.

What about Real Estate?

As you continue to look for investment opportunities you remember one of your relatives mentioning he did well buying and flipping real estate. You also have a friend who bought a residential property and rented it out to tenants. The more you think about it, the more this makes sense!

So you want to be a landlord?

It seems pretty simple to be a landlord. You buy a residential property and rent it out. The tenants pay you monthly, which covers your mortgage payments. If you buy the right property and manage to rent it at a high rate you will also be making ‘cash flow’ every month!

Mortgage free and cash flow galore

You get out your calculator and see that if you put the cash flow back into the property you can pay off the mortgage in a few years. This means the rent will come directly to you and your wallet. This is serious money!

If you hold on to the house, it might appreciate

You look back at house prices from a few years ago and see houses in your area have gone up in value. If you look back ten years ago, you see they’ve almost doubled. You make a ten year plan and imagine how much your rental property will be worth a decade from now…and you can sell it mortgage free!

You have a fool proof plan and think “why isn’t everyone doing this?”

A closer look at being a landlord

Everyone isn’t doing it, because there are far more challenges than at first glance.

Over the next few months, we are going to tackle important issues and answer questions about becoming a landlord.   Lots of topics will be covered, from choosing an area to invest to describing how to fill out an N4 (that’s what you serve when your tenant decides they don’t have to pay rent!)

Happy New Year!

So Called Millionaire Tenant From Hell

Monday, April 18th, 2011

‘Millionaire’ tenant leaves trails of angry landlords

April 15, 2011

The Toronto Star has published a fascinating report on a tenant who claims to be a millionaire.  So why doesn’t he pay the rent?

(more…)

Lease Help

Sunday, September 12th, 2010

What are the most important things to make sure I put in my lease to protect myself?

• Full legal names of all tenants

• Term of the lease (month by month, yearly, etc)
• Amount of the monthly rent and what that includes/excludes
• When the rent is due
• Appliances and/or Furnishings Included
• Address for Service for the Landlord
• Special Clauses About Everything Else