Experienced and Successful Landlords and Property Managers Have Created A Comprehensive CD Filled With Strategies and “LANDLORD TIPS AND TRICKS” To Help You Deal With Tenants Who Smoke And Grow Weed In Your Property
Combine Access To This Comprehensive CD Along With Networking With Experienced Landlords and Property Managers In Our Private Members Forum To Protect Your Rental Business!
Legal marijuana has arrived as of October 17, 2018. This will have a huge impact on residential landlords.
How will you deal with it?
As an Ontario-wide landlord community, we have come together to help you and other landlords and residential property investors. After all, we are important stake-holders in the province and we are an important provider of high quality rental properties.
While many Ontario landlords have no moral or ethical concerns about making weed legal, we do have huge concerns how it will impact our rental properties and their bottom lines. The reality is many landlords and property investors are worried and looking for guidance and advice.
Landlords should be worried.
We are entering a whole new paradigm filled with uncertainty. If you are an Ontario landlord, your rental business is now filled with challenges and a bigger risk of huge problems and financial losses than ever before.
Tenants Smoking Weed In Your Rental Property
Marijuana is now legal and tenants can smoke in your rental. How can you protect yourself? What are your options?
Tenants Growing Marijuana Plants in Your Rental Property
Tenants can now legally grow up to 4 plants in your rental. And as one landlord wrote on the Ontario landlord forums “I never touched marijuana in my life and thought the plants would be small like tomato plants…but they can be huge!”
Tenants Marijuana Smoke Causing Issues For Other Tenants
If you own a multi-unit property what can you do if one tenant smokes and bothers other tenants? The smoking tenants says “it’s legal” and the other tenants say “do something or we are all moving and taking you to the LTB to pay for our moving costs!”
What if you rent your basement and you smell weed smoke coming through your vents? What if you have young kids?
Huge Clean Up Costs
Many good tenants are sensitive to smoke and won’t rent a place where they smell it. Just dealing with tobacco smoke clean up can be expensive. But cleaning up marijuana smoke when a tenant leaves can end up costing you thousands of dollars.
Growing marijuana plants could mean your growing renter might be creating mold and other dangers in your rental property. What should you do?
If your tenants are smoking or growing it could waive your insurance policy.
Even If You Have a No Smoking Clause, What Happens If they Still Light Up?
If you say no smoking and the tenant lights up anyway the Ontario eviction process can take 6-8 months (or more). So during the time you are just waiting for the Hearing they can continue smoking.
No Smoking Clauses Don’t Mean “No Growing”
Even if you have a no smoking clause how many people out there have anything regarding growing plants? This means your tenants can grow, legally.
Other Provinces Have Made Changes To Help Landlords, Ontario Has Not
Many Canadian provinces moved quickly to protect landlords and investors and their rental industries.
For example, the province of Saskatchewan prohibited marijuana smoking in rentals and forced all tenants to sign new leases to allow landlords and investors to protect their rental properties.
In New Brunswick new rules allow landlords to amend their leases to prevent the smoking and growing of weed in their rentals.
Protect Your Rental Business Experienced and successful Ontario
We have worked hard to let the Ministry and the province to educate them why Ontario landlords need to be protected. We made it clear we need at least the same protection other provinces have provided for their landlords and residential property investors.
Several of our members were told “we appreciate your hard work and the concerns of your community …the situation is being monitored” and if there is “evidence of a major problem changes will be considered. Keep us informed.”
What this means is Ontario landlords are getting no help now and need to protect our investments from the government.
We are on our own!
Protect Your Ontario Rental Business!
Landlords and property managers have created a comprehensive CD to help you protect your Ontario rentals. These are people have dealt with tobacco smoking issues and marijuana issues in the past and are ready for the new challenge of legal cannabis.
They have also added lots of “Landlord Tips and Tricks” that only real professionals know about due to years of experience and ‘skin in the game’.
With over an hour of information this comprehensive CD is filled with information to help you avoid problems and help you fix any problems that might arise. It’s written by experts with ‘skin in the game’ because we all own rentals ourselves!
Combine this with access to our Private Members Forum to protect your rental business and succeed!