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How Much Can Mississauga Landlords Raise The Rent in 2021?

August 30th, 2020 · Credit Checks, Latest News, Mississauga landlords, Ontario landlord review, Ontario Landlords Association Credibility, Review of Ontario Landlords Association Membership

Missaussaga Landlords Can Raise The Rent By 0% in 2021 (Rent Freeze!)

A report at the Ontario Landlords Association said landlords are shocked at the announcement by the Minister of Housing that in 2021 there will be a “rent freeze” and small landlords will not be able to raise the rent at all!

According the Ministry:

Many Small Landlords Members Are Furious!

In the OLA forums many of members are furious at this. While our members understand the challenges tenants face, they are not happy to have their challenges put on our backs due to lack of government action:

“Why doesn’t the government just help out tenants instead of pushing their policy failures on the back of small landlords?”

“How about stopping our property taxes for a year? How about capping insurance rates and condo fees?”

“I haven’t raised the rent on my long term tenants for years. But now the idea of not being able to is total overreach and frightening for my business.”

How Did They Come Up With This Figure?

The Ontario annual Rent Increase Guideline has always been based on the Ontario Consumer Price Index (CPI). This is a measure of inflation.

It’s calculated monthly by statistics Canada.

So The CPI Is Zero Percent?

No, the 2021 rent increase guideline of 0%is purely political and breaks the current law!

OLA Member Predicted A Rent Freeze August 12, 2020

An OLA member with contacts in the bureaucracy and in the LTB stated this would happen as a political ploy to appease renters who are not getting the support they need in things such as interest free loans and grants.

How can pay for my increased costs when renters aren’t even paying and I can’t increase rent?

The 2021 Rent Increase Is 0%. It’s Unjust and Unfair

Rents are now frozen.

Small Ontario landlords need to raise rents to continue to maintain our safe and attractive properties. Instead of helping tenants in this crisis, the burden being put on struggling small landlords.

This not only unfair, it’s cruel and we call for a re-examining of this ridiculous policy. If the aim is to get every small landlord/investor to sell their units as soon as they can evict their non-paying tenants, it’s great.

Get ready for the big sell-off

If government policy is to promote more great people investing in rentals across Ontario and creating more high quality, affordable housing, it’s a disaster. 

Saner heads need to prevail.

If not it would seem to many of our members that small landlords are not welcome in the Province of Ontario.

Wasn’t the Ford PC slogan “Make Ontario Open For Business Again”?

Many landlords and investors are feeling betrayed. Feels like Bob Rae 2.0. And we know what happened during the next election for Rae in 1995.

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Naborly Now Charging $25 Per Credit Check (Not Free Credit Checks)

May 13th, 2020 · Latest News, Mississauga landlords, Naborly, Naborly credit checks, Naborly Equifax, Naborly illegal, Naborly price, Naborly.com

naborly image

Some of our members have reported Naborly credit checks are no longer free. They are now charging $25 For a Credit Check!

Some of our landlord members have told us they will no longer uses Naborly.com credit checks.

For the past two years Naborly has provided free Equifax credit checks along with some “AI” checks on potential tenants. Many of our members have laughed at the so-called “AI” because it is not helpful and is just based on the Equifax credit check…meaning this so-call “AI” was misleading and laughable.

Naborly credit checks are no longer free.

The CEO of Naborly Dylan Lenz Told A Landlord Who Was Ripped Off:

@Naborly

Replying to

@richardpuddy
Hey Richard, you should have received an email about 2 weeks ago notifying you that we would once again have to charge for our service in order to survive as a company and avoid layoffs.

.

But we liked it was free to get Equifax scores so used Naborly.

Then we found we were bombarded with ads begging us to pay for other services. But we just deleted these begging emails and use the free service to get Equifax scores.

The only reason our members used Naborly was because of free Equifax scores so we ignored and laughed at:

(1) Useless So-Called Artificial Intelligence Reports

But this was so misleading because Naborly didn’t call references or view pets personally.

(2) All The Aggressive and Harassing Marketing

They would fill you email inbox with marketing other useless things to get you to pay, pay, pay!

dl

(3) Naborly Scandal of April 2020 – Secretly Wanting To Report Tenants Without Consent (Illegal)

They asked landlords to report if their tenants paid April 1st rent or not with telling tenants about it and getting their consent. Even tenants are mocking the Naborly CEO Dylan Lenz

See here in major media: Naborly Scandal

Now Naborly Is Not Free So We Recommend Our Mississauga Landlords Use Another Service

Naborly only was okay because it was free.

Now it’s not free so we recommend our members use another service such as Rent Check or Triton that is safe, stable and secure.

 

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Run Credit Checks For Only $9.95/Check (With Scores)

April 25th, 2020 · Credit Checks, Latest News, Naborly

You Can Join the Ontario Landlords Association for a Low One-Time Registration Fee and Start Running Premium Credit Checks for Only $9.95/Check To Find Great Tenants. 

With the current crisis going on it’s more important than ever for landlords to carefully screen your tenants. This always includes running a credit check to make sure your potential renters have a history of paying their bills.

When you join our landlord community you get multiple tools for you to succeed during good times and bad. For over a decade the Ontario Landlords Association has been helping small landlords succeed and getting our voice heard at last.

We also want to help tenants and want to have great communication between parties and a “win win” approach. The is why we have our Pay Your Rent Campaign where we encourage tenants to cooperate with their landlord.

Make Sure A Credit Check For $9.95 Is Part Of Your Screening Process

We were the first organization to promote credit checks for small landlords in Canada. We started this over a decade ago! Our partners are very reputable and you can run a check for only less than ten dollars!

There Are Lots Of Great Tenants Out There Looking For a Great Landlord

Make sure running a credit check is part of your screening. And only for $9.95/check!

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PAY YOUR RENT CAMPAIGN 2020

April 25th, 2020 · Credit Checks, Landlords solutuions, Latest News, Mississauga landlords, Naborly, Tenant Screening

Smart Tenants Will Pay Rent & Cooperate With Your Landlord For a Win-Win Situation

Small landlords know the challenges tenants face.  Because we faced them too!  Many us were renters before.

We want to work with you to keep you renting from us.

Please know that just because we own a rental property, or rent out our basement, doesn’t mean we are rich. We aren’t.

Many of us are working class people who have decided to avoid the crazy stock market and buy a rental property to help us when we retire.

We need rent to be paid so we can also survive and want to cooperate with you to make sure we have a win-win relationship. We have to pay our mortgage, property taxes, insurance, maintenance.

There are calls saying “Don’t Pay Rent” all over social media

We want to make sure tenants know good landlords want to work with you for all of us surviving.

We support tenants in need, but many of us are also on the financial edge!

To prove our support, thousands of landlords and this association are lobbying both the provincial and federal government to create a nation-wide “rent bank” that will help tenants in need get grants or low-cost loans to pay rent.

This will make sure there is no “landlord-tenant” conflicts or haggling and keep landlords in business and tenants safe in their rental homes.

Something similar to the Canada student loan system where people in temporary need get financial help from the government.

Landlords want to work with tenants (and tenant groups) to make this happen. And happen fast!

Avoid The “Don’t Pay Your Rent” Memes and Media

This isn’t a poor tenant vs. a rich evil landlord issue.

It’s a working class tenant facing challenges renting from a working class small landlord who is also facing challenges.

If you don’t pay rent (like so many are saying) it will lead to eventually being evicted with large debts, and your search for a new home will include no reference and bad credit.

Good Landlords and Good Tenants Working Together

Tenants make sure you pay your rent on time, or work it out with your landlord.

Short term easy answers like “don’t pay rent” will lead to unnecessary problems for tenants a few months from now.

These groups should be joining us to lobby for a nation-wide rent bank to truly help tenants instead of wanting to “stick it to the landlord” (which only lead to legal issues down the road). But it’s so sexy to be a revolutionary, right?

Be Smart

If you can’t pay rent work things out with your landlord who will give you a discount or deferred payments.

Paying Rent or Cooperating With Your Landlord On A Fair Payment Plan Is the Smart Move!

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Ontario Landlord Knowledge Vault Review

February 5th, 2018 · Latest News, Ontario Landlord Knowledge Vault, Rent, Review of Ontario Landlords Association Membership, Tenants marijuana

Review of Ontario Landlord Knowledge Vault Help for landlords

Created by expert landlords and property managers the Ontario Landlord Knowledge Vault is an important resource to help Ontario Landlords Succeed in a difficult environment

Mississauga landlords know how touch it can be a land these days.  Sure we have had some past successes such as getting rid of the expensive landlord licensing program. We all remember that stressful time when the City of Mississauga was demanding huge fees from us and the whole situation has thankfully blown over. Even with the Mississauga landlord license situation gone, landlords still have a huge amount of challenges in Ontario because the laws aren’t fair and balanced.

Bad Tenants Who Abuse The System

It seem like every week we read or hear about yet another story of a bad tenant causing landlords a lot of money.  For example, an Ottawa landlord trusted a government program to help him find tenants and it led to thousands of dollars in damages.

Ottawa Rental Property Trashed, Landlord Loses Tens of Thousands of Dollars

Ottawa landlords bad tenants 2018 1

The landlord had a nice and clean and safe rental unit and he rented to the tenant the program recommended to him.  Soon after the Ottawa landlord found his property trashed.  The damages were in the tens of thousands of dollars and no one is there to help the landlord!

Toronto Landlord Has “Cool Guy” Tenant Who Won’t Pay Rent For Months and Manipulates the System!

There has also been a recent case of a tenant who many call a “cool guy” who has ripped off his Toronto landlord and owes thousands of dollars in rent. According to CBC News he’s a “cool guy” who knows how to speak sweet words and tell lies to get what he wants.

The Ontario System Isn’t Fair For Landlords

Let’s face it, the system isn’t fair for landlords in Ontario.  Evictions take months and sometimes years and we can’t even charge a damage deposit. Tenants are allowed to bring in pets even if the lease says “no pets” and tenants can make up fake repair claims to delay or even avoid evictions when they don’t pay rent!

ontario landlords marijuana

And now we face the very serious issue tenants legally smoking and growing marijuana in our rental properties.

Review of Ontario Landlord Knowledge

The Ontario Landlord Knowledge Vault is a great resource to help landlords succeed.

It helps you every step of the way from finding the right property to how to market it successfully, to reading a credit report, to how to property end a tenancy to protect yourself and your investment!

It also helps for the “tough questions” landlords often have to answer. These questions include:

1. What is the best way to handle tenants who don’t pay rent?

2. How do you make your N4 effective to really get the eviction?

3. How do you deal with noisy tenants?

4. How do you handle tenants who are lighting up?

5. What can you do if your tenants are harassing you?

Ontario Landlord Knowledge Vault Review = A+

Become an “Expert Landlord” to level the playing field.  If your bad tenants think you don’t understand the rules they will eat you alive. Knowledge is power and you can make sure you become a successful and profitable Ontario landlord.

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Ontario Landlords Association Advocacy – Thank You For Helping Us Change Mississauga Landlord Licensing!

July 15th, 2017 · Landlord Licensing, Landlords solutuions, Latest News, Ontario Landlords Association, Ontario Landlords Association Credibility

Ontario landlords association credibility mississauga landlord advocacy

Ontario Landlords Association ‘Advocacy Campaigns’ to Organize and Reach Out To Make Positive Changes for Good Landlords

The news at the Ontario Landlords Association site that Mississauga landlords no longer need to get a landlord license was met with a huge positive response from thousands of landlords in that City. 

We will let one of our Mississauga landlord contributors explain how she felt during the landlord licensing process and how she feels now. She wrote this post (and chose the picture and everything else.)

Her story is typical of how landlords in Mississauga appreciate the years of hard work the Ontario Landlords Association has done communicating landlord issues to governments, media and the general public and lobbying governments (often behind the scenes) with the goal of making positive change for small residential landlords in Ontario!

A Mississauga Landlord Story

I’m a small landlord in Mississauga Ontario. When we heard the news about the plan for the Mississauga City government plan to license landlords many of us wanted to know more.

We found the information was difficult to come by and no one was explaining how license would really affect our business.

We mean impact our rental business in a real ‘matter of fact’ way and not in the language of city bureaucrats. After all the government bureaucrats have nice big government salaries. They also have large guaranteed pensions, unions, legal protections at work, and paid vacation time.

Meanwhile, small landlords aren’t protected. And not only are we not protected, we have to deal with tenants who can abuse the Ontario system and rip us off.

Small Landlords Need a License?

The news about the Mississauga landlord licensing program was pretty shocking.

We posted at the Ontario Landlord Association forum years ago asking about the issue, wanting to communicate with other Mississauga landlords, and to let others know that if this was happening here, it could happen in other areas of Ontario.

Our post in the Members Forum was:

“This is a question for landlords in Mississauga and also important (we think) for the thousands of other members here from all over Ontario. We were told that we would require a license to continue to rent our basement out. Yes, really! It seems this rumour is actually true and I wanted to post here to discuss this important issue.”

The replies came fast and furiously.

Yes, Mississauga Landlord Licensing Is Coming

We quickly heard from other landlords in our area that the rumours were true.

Are They Serious About the High Fees?

The discussion turned to the details of getting a license. One of the biggest issues was the high fees the city wanted to charge us for the “honour of having a basement rental unit.” Give me a break, I though. And others agreed!

Should I Even Bother Renting Out My Second Unit?

Many people also thought about just leaving the rental industry altogether in Mississauga. After all, if we aren’t appreciated and they want to gouge us then we can quit and invest somewhere else.

There are lots of other places to be a landlord. For example, Newmarket landlords are saying their city is a great place to invest. Some people said they were thinking of investing in the United States, and others said they could buy in other provinces as Alberta landlords had a lot of rights and a fair playing field.

Mississauga Landlord Don’t Require a License Now!

This is terrific news. You don’t need a costly license, we now only need to be registered. We need to be registered to make sure our rental units are up to code and safe. I don’t have any problems with that. It’s great that finally landlords have a voice, we worked together, and bad policy was changed to help both good landlords and good tenants in Mississauga!

Ontario Landlords Association Communication and Advocacy for Small Landlords

On behalf of my fellow landlords in Mississauga we would like to thank the team at the Ontario Landlords Association through this difficult process. The OLA provided us with the information we needed, a way to network with each other, and we got the positive result we needed.

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Mississauga Landlords – Do You Have Your Landlord License?

January 4th, 2016 · Landlord License, Latest News, Ontario Landlords Association

 Mississauga landlord licence by-law enforcement

Mississauga Landlords – Is Your Basement Apartment Safe and Legal? Do You have Landlord License?

The news this summer about the Mississauga landlord licensing program was pretty shocking.

According to Mississauga.com only one (yes, that’s right… 1!) landlord licence had been issued by the City to a landlord in the first six months of the new bylaw.

This is despite the fact there are thousands of secondary suites and rental units in the city.

The report at Mississauga.com went on to say city of Mississauga staff are stating they are simply not receiving any applications from landlords to get a license.

We wrote about the need for Mississauga landlords to get a license before. The program started in January 2014 and is a way towards legalization and legitimizing secondary suites in the city.

If landlords don’t get a license they could receive a large fine and could lose their insurance coverage. This is a large price to pay when you can get a license for a yearly fee of only $500. If the landlord doesn’t live in the property the license fee is $1000 annually.

Mississauga by-law and enforcement staff have said neighbours and tenants can report an unlicensed basement apartment by calling 311.

Education and Information

In an effort to get the message out to Mississauga landlords there’s a terrific question and answer session between the Ontario Landlords Association and Mickey Frost, the director for enforcement for by-laws in Mississauga.

It’s a really helpful interview and a must read for all small residential landlords in our city.

Here are some of the highlights:

1. Huge Fines If You Don’t Have A License

If a landlord doesn’t have a license for their second unit they can be charged and if they are found guilty the fines goes up to a whopping $25,000 for an individual landlord and up to $50,000 if the property is under a corporation.

2. Grandfathered Suites

You can’t grandfather your unit in according to the bylaw. You require a landlord license.

3. Annual Fee

Landlords are required to renew their license yearly.

4. Tenants Not Paying Rent

If tenants don’t pay rent it doesn’t mean anything towards your requirement to get a license.

5. Tenants Reporting Non-Licensed Units

This happens a lot to Alberta landlords in Calgary. They rent their basements to tenants and tenants often end up calling the city to report the landlords after they move out.

If any tenants call the city an Enforcement Officer will investigate and take action if the property is not property licensed.

Mississauga Landlords and Success

It’s important you go through the process to make your basement apartment legal. It’s also important to rent to good tenants by running credit checks on your tenants.

You can join the Ontario Landlords Association for a low one time fee (no annual fee!) and begin running premium credit checks for only $10/check to find good tenants.

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Review of Ontario Landlords Association Membership and Services

September 1st, 2014 · Latest News, Review of Ontario Landlords Association Membership

 Ontario Landlords Review Toronto Star Says Join The Ontario Landlords Association

Toronto Star Recommends Join a group such as the Ontario Landlords Association where after becoming a member, you can do a credit check for as low as $10, and use their supporting materials to assist you.

Mississauga landlords who read the Ontario Landlords Association homepage and forum know the importance of being a professional landlord.

What Does Being A Professional Landlord Mean?

There are several parts to it.

First, you need to be aware of the rules and laws to follow to run a rental property business. For example, in Mississauga landlords need to get a landlord license to be a landlord, even if you are just renting out your basement suite.

Second, it means owning a safe and attractive rental property that good tenants will want to rent.

Third, a professional landlord uses screens their tenants carefully including always running a credit check on their tenant.

Even in a business friendly province, Alberta landlords are running tenant credit checks.

And BC landlords are also using credit checks to avoid serial bad tenants who target small landlords.

Fourth, you will use proper leases and documents at all times. You can get these documents from the Ontario Rental Kit.

Fifth, after your tenants move in you are aware and follow the regulations and expect your tenants to do the same.

How Can I Become a Professional Landlord in Mississauga?

You can join the Ontario Landlords Association for a low one-time fee.

The Toronto Star recommends the Ontario Landlords Association

According to The Star landlords should:

“Join a group such as the Ontario Landlords Association where after becoming a member, you can do a credit check for as low as $10, and use their supporting materials to assist you.”

The Toronto Star is the largest newspaper in Canada.

What Does Joining the Ontario Landlords Association Give Me?

Lots, including:

1. Ontario Landlord Rental Kit

You get access to the Ontario Landlords Rental Kit full of all the premium documents you need.

2. Network with Successful Landlords and Investors

You get access to the Private Members forum where you can network and share tips and advice with successful landlords from across Ontario and even across Canada.

3. Landlords Have a “Voice”

By becoming a member, you become part of a large and fast growing group of landlords that gets the attention of government and the media.

4. Education for Landlords

You can access handbooks, manuals and even a complete CD series that explains things from how to market your rental property all the way to how to prepare to go to the Landlord and Tenant Board!

5. Premium Tenant Credit Checks for Low Members Prices

You can run premium Equifax credit checks for only $10/check from your own home computer! They take less than a minute to run and you ‘know who you are renting to.’

We Recommend Joining the Ontario Landlords Association

Become a member for only a low one time registration fee. That’s right, no annual fee.

It’s a deal that can’t be beat! Become an Ontario Landlords Association member!

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Mississauga Landlords – How Can You Avoid Bad Tenants?

June 27th, 2014 · Mississauga landlords, Ontario Landlords Association

Mississauga landlords bad tenants

Mississauga Landlords Tenant Screening – Tenants Murdered Their Landlord Because They Owed Him $1800 and He Was Evicting Them!

Toronto Star Recommends the Ontario Landlords Association to Rent To Good Tenants!

The news on Mississauga.com about a landlord who was murdered by his tenants who was evicting was shocking and horrible and important reading for all Ontario Landlords.

The two tenants had their rent checks bounced and owed the landlord over $1800 in lost rent.

So the Brampton landlord applied to evict them.

The Tenants Won’t Pay Rent They Owed

After bouncing cheques and falling behind on his rent, a broke Nurse was angry that Kumar was about to evict him, Poland told jurors.

Kumar had become, in Nurse’s words, “an annoyance”.

“When people annoy me, they get got,” Nurse wrote in a BBM message to Plummer.

The only way Kumar had apparently “annoyed” Nurse was by attempting to collect the $1,800 in rent Nurse owed him

The tenants made a plan.

They texted each other saying they were “annoyed” this landlord wanted the money due to him.

They plotted to get rid of the landlord and make the eviction and the rent money “go away.”

They originally wanted to use a gun but texted that a “sharp” (knife) would do the job.

They called their small landlord to meet them. When he arrived they took out knives and killed him!

It’s a truly horrible story. It’s also a wake-up call for Ontario landlords to face the reality of what we face in 2014.

Being an Ontario Landlord Can Dangerous!

This is a wake-up call for all Mississauga landlords and Brampton landlords.

You need to make sure you rent to good tenants.

The Toronto Star Recommends the Ontario Landlords Association

And with good reason.

Always use tenant credit checks before handing over the keys to strangers.

As we see above, your tenants might be psychopaths so make sure you check them out carefully!

Review of the Ontario Landlords Association – the services they offer are amazing. You can start running credit checks and criminal checks to make sure you know who you are really renting to.

Mississauga Landlords

There are so many challenges for us in 2014.

For example, have you applied for your license yet?

According to many media reports very few Mississauga landlords have applied for their license.

Have you applied yet?

Why or why not?

You can read more about Mississauga landlord licensing our website site here.

Mississauga Landlords – Join the Ontario Landlords Association and Make Sure You Rent to Good Tenants!

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Landlords in Mississauga: How Much Can Your Raise the Rent for New Condos, Townhouses, and House in 2014?

March 19th, 2014 · How much can I raise the rent 2014?, Ontario Landlords Association, Rent

 business graph with arrow and coins showing profits and gains

Did you know you might be able to raise the rent without following the government guideline

Mississauga landlords started the new year on a positive note.

After all, our community is growing.

House prices are increasing and the vacancy rate is dropping compared to previous years.

We also have a growing economy and that means more renters are coming to our city. 

These are high quality people who come to our city to find jobs and raise their families.

They are ethical and hard-working and follow the rules. They want to rent for a few years and then buy their own homes. They might even want to be landlords in the future.

These are great renters for you and your rental properties!

Mississauga Landlords and Challenges in 2014

We also face challenges we must overcome.

For example, being on January 2nd the Mississauga government began to demand landlords get landlord licenses. 

You can see details on this at the City of Mississauga website.

We also discussed this and even had an interview with the City for more details to help landlords.

You can read the interview here.

You can only raise the rent by 0.8% in 2014

Landlords all over Ontario were shocked when we read the Toronto Sun interview Ontario Landlords Association members about how much residential landlords can raise the rent in 2014.

Most landlords agreed the rent increase guideline was far too low.

Some Ottawa landlords even discussed selling their residential rental properties.

They would then use their capital to invest in commercial rental properties where there is no government rent increase guideline.

It’s especially unfair because Alberta landlords can raise the rent to follow market rates without the government telling them what they can and cannot do.

Even British Columbia landlords are treated better by their provincial government. 

They can add an extra 2 percent to the rate of inflation for rent increases.This is because the government recognizes landlords have lots of extra costs to run their businesses in a professional manner.

You Might Be Exempt from the Ontario Rent Increase Guideline!

Most Ontario landlords are now aware there are clauses in the Residential Tenancies Act (RTA) that allow some landlords to avoid the annual Ontario Rent Increase Guideline.

The Ontario Landlords Association has a great post on this.

For example if your property was built after November 1st, 1991 you don’t have to obey the Ontario rent guideline.

This is because the government wants to support the building of newer rental housing and encourage more people to become residential landlords.

Mississauga landlords was your condo, townhouse, house or building built after 1991?

If so you might be able to raise the rent as much as you want.

Take a look at the Ontario Landlords Association report called “How Much Can You Raise the Rent For New Buildings“.

It’s more excellent information for new landlords.

We highly recommend the OLA site.

They are an excellent resource for landlords as you can see by this Toronto Landlords Review of the Ontario Landlords Association.

How Much Are You Going To Raise The Rent in 2014?

Knowledge is power.

Did you know about this rent increase exemption before? 

Are you going to raise the rent by more than 0.8% in 2014?

Read more and discuss landlord and tenant issues at the Ontario Landlord Forum.

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