Posts Tagged ‘residential tenancies act ontario’

Become An Ontario EXPERT LANDLORD And Succeed And Make Profits!

Friday, January 1st, 2021

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.

All Tenants No Matter Their Income Get Free Legal Help At the LTB

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.

Do You Want To Be A Successful Landlord? 

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!

Now Part Of Our EXPERT Landlord Membership!

All For A One Time Registration Fee.

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You Also Get Access To Thousands Of Expert Landlords on Canada’s Largest Landlord Forum To Help You!

For A One-Time Fee, Experienced and Successful Landlords Are Willing To Help You! Landlords Who Have Been In The Landlord Business For Decades Are Willing To Mentor You and Help You.

Get a Mentor with the OLA to help you!

Join Our Community And Succeed and Become an Expert Landlord.

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Ontario’s New Standard Lease (And How Smart Landlords Can Succeed Using It)

Thursday, February 8th, 2018

Ontario Landlords Association Advocacy Credibility

Ontario Has A New Standard Lease Which Will Be Used Beginning April 30th. Experienced and Successful Landlords Say That You Can Still Put In Important (and legal) Clauses To Protect You and Your Rental Property 

What happens when a tenant wants to rent from an Ontario residential landlord? Both the landlord and the tenant agree to create a business relationship by signing a residential tenancy agreement.  This is also called a lease and is signed by both sides.

According a report on CBC news the Ministry of Housing has now created a new mandatory document for landlords and tenants to sign to begin this business relationship. You can download the new Ontario Landlord Standard Lease here.

Standard Lease For Ontario Landlords

The new standard lease will be required to be used by landlords and tenants beginning April 30, 2018.  According to some tenant activists Ontario tenants have been demanding this since 2012. Furthermore these activists state this will be an excellent improvement on the current situation to protect tenants from bad landlords.

Are Landlords Bad and Always Trying To Rip Off Tenants As Some Tenant Activists Believe?

According to some tenant activists, landlords write lots of “illegal clauses” into leases to trick poor unsuspecting tenants into traps. They says it’s like a bad cheesy John Wayne western movie, or the “Wild West”, out there with few controls on what landlords can do. The radical activists also state “almost every lease in Ontario you could find something illegal” and they receive daily calls from frightened and scared tenants about these clauses.

OLA Members Disagree. The Reality is Most Landlords Just Want To Find Good Tenants For A Win-Win Situation

First of all many landlords use OLA documents which do not have any illegal clauses. What we have are carefully thought out (legal) clauses which protect both the landlord and the tenants.

For years our members have complained about the poorly written OREA lease document that many new landlords and Realtors use. It’s a document that is inadequate and doesn’t protect landlords properly (especially if you go to Small Claims Court which many of our members have done).

Successful Ontario Landlords Know Good Lease Clauses Are Helpful for Both Landlords and Tenants

While the tenant activists want to label anyone renting out their property as inherently evil it’s not true.  Experienced and successful Ontario landlords know that creating smart, legal lease clauses is a key part of their success.

By creating a comprehensive lease, both the landlord and tenant can avoid potential confusion and conflict by making rules clear prior to the tenancy beginning.

For example one long term landlord wrote on the Ontario Landlords Association forum:

“I own a lot of duplexes. Two of the biggest problems I used to face was use of the shared laundry room and use of the yard.

When I first started I didn’t make the usage clear using the real estate agent lease. i used the OREA lease. It was constant tenant vs. tenant conflict. Both sides kept complaining to me. They both wanted me to be “on their side” and evict the other tenants.

When I joined the Ontario Landlords Association I was taught that it was important to go beyond just “how much is the rent” and “who is the landlord/who is the tenant”. I added in information to my tenants about what their laundry privileges were (times and dates for each parties usage) and what part of the yard each side got.

Since I did this the amount of tenant vs. tenant conflict has vanished. 

In 2010 I was even thinking of selling!  Now my rental business is smooth and it’s scary even thinking I almost bailed as now my cash flow is good and my properties have appreciated greatly! Fellow landlords at the OLA saved my rental business.”

The Standard Lease Distracts From The Real Issues To Help Landlords and Tenants: Changes Are Needed in the Residential Tenancies Act and the Landlord and Tenant Board

Creating a standardized lease sounds good. It sounds fair. And in fact most OLA members don’t mind it (and we contributed ideas to the Ministry as you will read about soon).

However the real key to improve the Ontario rental industry is not a new lease template. The real key is to fix the Residential Tenancies Act and the Landlord and Tenant Board.”

Let’s look at a couple things that need to change.

Ontario Landlords Need To Be Able To Charge A Damage Deposit

Ottawa landlords bad tenants 2018 4

When tenants pay a damage deposit they have ‘skin in the game’. This means they will be careful in the property and report any problems quickly to the landlord. With no damage deposit landlords regularly face garbage left behind, dirty properties and worse. This also cause problems with new tenants moving in. They move in and see garbage left around, fridges full of food and worse.

The Landlord and Tenant Board Must Speed Up the Process for Evictions

ola delay

Even evictions for what should be simple things can take months and months at the Landlord and Tenant Board.

And many OLA members complain about some adjudicators and Tenant Duty Counsel acting disrespectfully and even rude towards small landlords (especially those who can’t afford legal representation and have to represent themselves).

Important News: Ontario Landlords Can Still Add In Clauses in the Standard Lease!

Thousands of Ontario landlords wrote in to us when we asked for ideas when the Ministry was create the standard lease.

One of the most important points we pressed for was allowing landlords and tenants to add “clauses” to the new standard lease…and we got it!

This is really key for landlords, new and experienced alike, from Toronto to Ottawa to Thunder bay to Windsor and every where in between.

ola success

The “Additional Terms” Part of the Standard Lease (Go to Part 15, Page 6)

In this section you and your tenant are allowed to agree on things in an “attached form”. 

Of course smart landlords will avoid illegal terms such as requiring the tenant to pay for all repairs for the rental. It’s silly to even thing about adding them as good tenants will not want to rent from you.  However you can add some important clauses to protect you and your rental business (and protect your tenants too!)

Ontario Standard Lease And Additional Terms

We need to improve the Ontario rental industry to help both good landlords and good tenants. The standard lease doesn’t do this. We need real reforms to the Residential Tenancies Act and the Landlord and Tenant Board.

Smart landlords will make sure they use Part 15, Page 6 “Additional Terms” in the Ontario standard lease to protect your rental properties and your tenants.