Cover art for podcast Real Talk With Gary - Real Estate Investing

Real Talk With Gary - Real Estate Investing

168 EpisodesProduced by Gary Hibbert Real Estate InvestorWebsite

Gary Hibbert is a Full Time Real Estate Investor, Licenced Real Estate Agent, achieving various Realtor awards and an Educator. In 2008, he purchased his first investment property and through hard work and dedication, left the regiment of the corporate world to become a Full Time Entrepreneur in 201… read more

1:02:39

#106: ONT Landlord Watch - Fair Balanced Housing w/Kayla Andrade

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

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