The Canadian Landlord's Guide: Expert Advice for the Profitable Real Estate Investor [Hardcover]

Anyone can become a landlord, but not everyone will be a profitable landlord. Distilling over 35 years of his first-hand experience, Doug Gray, one of Canada’s most respected real estate authors and experts, guides readers on how to become a successful landlord.

 Following the effective and proven formula of his previous bestsellers, The Canadian Landlord Guide fills the void of information on Canadian landlording. Some of the covered topics include: 

• Principles and formulas for profitable landlording
• Understanding how the real estate market works
• The pitfalls of real estate investing and how to avoid them
• Types of rental formats
• Where to get information on prospective properties
• How to finance real estate investments
• The legal aspects of buying and renting property
• Tenant selection
• Property maintenance

Filled with easy-to-understand and credible advice, The Canadian Landlord Guide is a must-have resource for all Canadian landlords. Seasoned professionals and aspiring beginners alike will find Doug Gray’s landlording guide to be one of their key tools in their quest for real estate success.

Doug Gray, B.A., LL.B. (Vancouver, BC) has been buying, renovating, and renting real estate for 35 years. In addition to being a successful real estate entrepreneur, Doug has written over 28 bestselling real estate, business, and personal finance titles, including Making Money in Real Estate (978-0-470-83620-0) and The Canadian Snowbird Guide (978-0-470-15375-8).

Canadians who are savvy at buying investment properties usually have a tried and true formula they follow, so that they know they are purchasing a property that has a positive cash flow and solid potential for equity growth. But once the property is purchased, investors need to turn to the role of being a landlord, which for some is a constant headache, but for others is an essential part of being a successful investor. Best-selling real estate author Douglas Gray and business journalist Peter Mitham share their wealth of experience and expertise in this comprehensive guide. It will show investors how to make astute and profitable decisions, build successful tenant relations, and avoid the classic problems and pitfalls.

The best part about becoming a landlord is that it is a learned set of skills that is within reach of anyone. Along with determination and the help of knowledgeable advisors, you can make money and avoid the hassles. This authoritative guide includes a wealth of sample documents, forms and checklists. It will help you manage everything from assessing real estate opportunities to drafting rental applications and agreements. Among the highlights are:

• The legal rights and obligations of being a landlord
• Regulatory and taxation issues that can either cost you money or make you money
• How to select and manage the right tenants for your property
• How to manage your rental properties and the time you spend on them
• Tips and strategies to improve your bottom line
• And much, much more practical and street-smart advice and guidance!

Whether you’ve got an extensive real estate portfolio and need to know how to manage your time commitment and want to learn additional creative and profitable strategies, or you have a basement apartment you want to rent for the very first time, here is the one resource no Canadian landlord should be without.