All Episodes

March 31, 2021 62 min

Before this week’s show, Gary answers a question he’s getting a lot - is NOW the time to flip my property?

Gary chats this week with Kayla Andrade from OLW, Ontario Landlord Watch. A big topic discussed was COVID and can you evict tenants during these times; can the landlord move in; the owner sells the propter and the new owner wants to move in; the different forms used for eviction; Bill 184 and what was in it; cash for keys; and the landlord credit bureau! If you’re a new or potential investor this is a MUST listen!

WHAT YOU’LL LEARN:

  • The correct procedure for evicting a tenant for owner occupation during covid times
  • Why you must give tenants leaving one month credit
  • How hearing dates for evictions are taking place
  • Why Zoom landlord/tenant hearings are here to stay
  • How OLW came to me after a municipality decided to make landlords responsible for delinquent tenant utility payments
  • Why their biggest priority is the backlog in landlord/tenant board
  • Why they want the Residential Tenancy Act needs to be overhauled
  • Why tenant screening is incredibly important
  • If you screen in good tenants, the LTB is of less concern
  • Why non-payment of rent is the biggest issue why new investors avoid the market
  • The landlord credit bureau helps landlords report tenant rent payments, and helps build tenant credit
  • You can also report damage to rental units
  • You can check with other landlords on the bureau about tenants as part of screening
  • Why landlords must attempt payment arrangements with tenants before eviction
  • You don’t need permission to record delinquent rent, but do need permission to report on time payments
  • Making sure you do a routine maintenance check / inspection on your properties
  • Why you have to use the standard lease for new rentals
  • Why January 2022 will be rent increase day in Ontario!
  • What is the N4 form and why you should use it
  • What is the N11 and what is ‘cash for keys’?
  • Mistakes landlords make
  • Kayla’s biggest mistake!
  • And MORE!
  • Kayla’s Bio

    Kayla Andrade is a wife, a mother, a landlord and now, an advocate. She prefers actions with tangible results rather than sitting back and ignoring the issues. Ms. Andrade has a long record of successfully guiding local and provincial landlords through the many issues and policies and where many have taken notice of her motivation and skills in advocacy.

    This strong commitment and dedication is how Ontario Landlords Watch was born, finally providing an avenue where Landlords could share their experiences and struggles. Over the years, this grassroots advocacy organization has built a solid foundation of supporters through their supportive services involving the rental housing market, the Residential Tenancies Act and the Landlord and Tenant Board legislation. This strong team has evolved to fight not only for the rights of Landlords but also for the plight of good Tenants and the heavily burdened Taxpayer. They seize every opportunity to meet with elected Officials, Taxpayers, Landlords and tenants to discuss solutions to the Housing Crisis.

    Kayla began her endeavours at the young age of 18 where she purchased her first rental property. Since that time, she has become a seasoned landlord and expanded her rentals to include a 5 plex, 6 plex, 2 triplexes and a single family home - 18 doors in total. Her dream is to empower a team of Private Sector Housing Advocates in each city, to work together, to provide fair and balanced rules and regulations that benefit all members of society.

    Website/contact info for guest

    Web: http://ontariolandlordswatch.com/

    Facebook Group: https://www.facebook.com/groups/818378618219840 

    Facebook Public Page: https://www.facebook.com/OntarioLandlordsWatch
    Email: action@investormeldave.com

    Instagram: https://www.instagram.com/ontlandlordswatch

    Please a leave a review, as it helps Gary understand if he’s bringing on the right guests that you want to hear from!

    Interested in learning more about Real Estate Investing? Visit https://www.smarthomechoice.ca

    To learn more about Gary’s mentorship program, visit https://garyhibbert.ca

    Share
    Mark as Played

    Advertise With Us

    Popular Podcasts

    Dr. Death: Miracle Man

    Dr. Death: Miracle Man

    Paolo is a smart and handsome surgeon, renowned for his ability to perform surgeries that transform his patients’ lives. When television producer Benita covers him for a story, he’ll transform her life too, but not in the ways she expects. As Benita crosses professional lines to be with him, she learns how far Paolo will go to protect his secrets. And halfway around the world, four doctors at a prestigious medical institute make shocking discoveries of their own that call everything into question. From Wondery comes Season Three of the hit podcast, Dr. Death. MIRACLE MAN tells the story of a globe-trotting surgeon who seduces the medical world, and sweeps one woman off her feet. Hosted by Laura Beil. Dr. Death Season 3: Miracle Man is available now to Wondery+ subscribers early and ad-free. New episodes come out weekly, every Tuesday, for free.

    The Daily

    The Daily

    This is what the news should sound like. The biggest stories of our time, told by the best journalists in the world. Hosted by Michael Barbaro. Twenty minutes a day, five days a week, ready by 6 a.m.

    Dateline NBC

    Dateline NBC

    Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.

    For You

      Music, radio and podcasts, all free. Listen online or download the iHeartRadio App.

      Connect

      © 2021 iHeartMedia, Inc.