I have a bunch of homes and plexes throughout Ontario.
They all have good cash flow, are in good areas, etc.
However, the province is in a tail-spin.
Aggressive and threatening tenants.
People not being able to pay rent.
Others `using` the free legal aid system to create frivilous lawsuits.
Fake maintenance claims treated with utmost seriousness by the various bureaucrats happy to have a job.
A corrupt Landlord and Tenant Board, favouring tenants at all costs.
I do not see it getting any better.
As these investments are not my main source of income, and I do not have to live in Ontario, I am looking to get out of Ontario rentals.
However, I would like to continue to invest in real estate, and in Canada.
Anywhere that you know of personally offering a good ROI, plus decent landlord/tenant legislation?
Thank you.
They all have good cash flow, are in good areas, etc.
However, the province is in a tail-spin.
Aggressive and threatening tenants.
People not being able to pay rent.
Others `using` the free legal aid system to create frivilous lawsuits.
Fake maintenance claims treated with utmost seriousness by the various bureaucrats happy to have a job.
A corrupt Landlord and Tenant Board, favouring tenants at all costs.
I do not see it getting any better.
As these investments are not my main source of income, and I do not have to live in Ontario, I am looking to get out of Ontario rentals.
However, I would like to continue to invest in real estate, and in Canada.
Anywhere that you know of personally offering a good ROI, plus decent landlord/tenant legislation?
Thank you.