A Brampton tenant has racked up $30K in unpaid rent and still won’t leave, landlord says lolita, 27/08/2025 A Brampton landlord says he’s out at least $30,000 — so far — because the tenant at one of his properties has refused to pay rent or move out. Rajan Kanwar says he’s been trying to get the tenant out since May and recover some of his losses, but delays at Ontario’s Landlord and Tenant Board (LTB) have left him with mounting debts and emotionally drained. “It’s upsetting, it’s saddening, it’s a lot of different emotions,” Kanwar told CBC Toronto. “I would like my property back.” Since May, the tenant has paid little or no rent, Kanwar says, leaving him to pay the $9,500 monthly mortgage costs on the property. That’s on top of a $7,500-per-month mortgage on his own family home. The tenant on Scotchmere Crescent hasn’t paid full rent since last spring, according to landlord Rajan Kanwar. The tenant would not speak with CBC Toronto. His legal representative has not responded to calls. (Tina MacKenzie/CBC) He says the amount he’s owed includes both unpaid rent and utilities. The tenant refused to speak with CBC Toronto. His legal representative has not yet responded to requests for comment. Ordered out Kanwar, an IT manager, says he’s filed two applications with … Continue Reading
What to Know Before You Invest lolita, 09/08/2025 Short-term rentals can be an attractive investment thanks to the potential for greater cash flow. But they also bring new challenges for investors more familiar with traditional long-term rental properties, from fast turnover between guests to extra regulations. Experts say the short-term rental market has also grown more competitive, making it even more important to do your homework and develop a strategy before diving in. Here are six points to consider before making your first short-term rental investment. 1. Do your homework on local regulations As popular as short-term rentals have become, they aren’t welcome in every city. Some, like Santa Monica, California, prohibit rentals of less than 30 days unless the resident stays in the property along with the guest. Others, like Chicago, allow unhosted short-term rentals but require property owners to register and pay a fee. Rules can change, so if you’re considering investing in a new area, pay attention to proposed legislation and local officials’ general attitudes toward short-term rentals, says James Carlson, co-owner of Colorado-based real estate firm Erin and James Real Estate, which specializes in short-term rental properties. Particularly in areas where policies seem unsettled, investors may want to have a “Plan B” strategy for … Continue Reading