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Mistakes to Avoid if You Own Rental Properties

Are you new to the rental property scene? Learn what mistakes to avoid so you can have a prosperous real estate investment with less stress—and more money. Rental properties can be an excellent investment, however, you have to be sure you are on top of your game as an owner and landlord. Otherwise, you could be dealing with tenants who disturb others, don't pay rent, or leave you with a damaged rental unit (and a hefty bill) when they leave. There are disadvantages to every situation, but don't let that prevent you from getting into the real estate investment game. You just need to know how to protect yourself and your rental property. Here are five major mistakes to avoid when you own and rent a home (or even just a room), so you can focus on making money—not pouring more money into a poorly managed investment. Not following through with background checks. One of the most important things you can do as a landlord is to run background checks on potential tenants. This can ensur...

GTA REALTORS® Release February 2022 Stats

February home sales were down compared to the all-time record in 2021, but represented the second-best result for the month of February in history. New listings dropped, but by a marginally lesser annual rate than sales, pointing to a modest move to a slightly more balanced market. Competition between buyers, however, remained tight enough to support double-digit price growth year-over-year. Greater Toronto Area (GTA) REALTORS® reported 9,097 sales through the Toronto Regional Real Estate Board's (TRREB) MLS® System in February 2022, representing a 16.8 per cent decrease in the number of sales compared to February 2021. The supply of listings for low-rise home types (detached, semi-detached and townhouses) was also down year-over-year, but not by as much as sales. In the condominium apartment segment, particularly in Toronto, new listings were up in comparison to February 2021. “Demand for ownership housing remains strong throughout the GTA, and while we are marginally off the reco...

TRREB MLS® Sales-to-New Listings Ratio February 2022

TRREB MLS® New Listings February 2022

TRREB MLS® Sales February 2022

TRREB MLS® Average Resale Home Price February 2022

5 Timeless Bathroom Décor Ideas That Will Never Go Out of Style

There are a couple rooms in the house that show their signs of age long before others. Namely, the kitchen and bathroom. Dated paint colors, old-fashioned tile choices, and regrettable countertop materials can all lead to these rooms looking like they belong to another decade. And when you consider the cost to renovate these spaces, design choices that will look dated in a few years can feel like a waste of money. To make the most of your bathroom remodel and sidestep style mistakes you'll soon regret, we've focused in on some common bathroom design ideas that won't soon fall out of style. Here are the paint colors, materials, and hardware that will stand the test of time. 1. Subway & Penny Tiles -  If you're not sure which tile trends will stick, let history be your guide. Tile patterns that have been around for more than a century likely won't go out of fashion in the next five years. Subway tile, which first debuted in the New York City subway in 1904, has be...