How can you be sure that the tenant you are about to let rent your apartment to isn’t going to turn the property into a grow-up? They look good on paper right? They seem nice and have a pleasant manner about them. Unfortunately, gut feelings aren’t enough to protect against destructive tenants. It is vital that landlords screen potential tenants properly and complete proper background checks. You have likely invested not only money but hard work in your property and you are entitled to be reassured that your tenant will be respectful of that fact.

Investing in real estate can take on many forms. Most of us look forward to purchasing a home. Then we may consider buying a recreational property such as a cottage or time share. Others will look for a duplex or tri-plex where they can live in one unit and have the rent from the other units pay the mortgage. Then there are the large buildings and complexes, student housing and the list goes on.

What kind of an impact will the actions of the City of Hamilton have on the housing needs of its citizens? As reported by the Hamilton Spectator, the city is injecting 6.5 Million dollars in order to address affordable housing. The funds are to be spent on rent subsidies, repairs to affordable housing & programs for the homeless.

Are people waiting to see what will happen with our economy before committing to a house purchase? Tenants these days are a diverse group. Those choosing to rent instead of paying a mortgage right now may include professionals, active seniors as well as families. Some rent because they are undecided about where or what to buy. Others choose to remain a tenant for convenience. They don’t have to worry about replacing the roof, repairing fixtures and appliances or maintaining the grounds. With fuel costs rising and a changing job market, some people are holding back from committing to a mortgage.

As the 2007/2008 school year winds down, many students are taking steps to find housing for the upcoming school year. Those who have just completed their programs are saying good bye to their student accommodations and the memories that were made there. What can we learn from these graduates and their experiences of student life?