Real Talk With Gary - Real Estate Investing

Gary welcomed Howard Tavroges, a paralegal who has represented both tenants and landlords at the Ontario Tenant Review board, but now exclusively represents landlords. Tenants are not paying rent, banding together for support. Since these are difficult times, Gary picked Howard’s brain about the legality of this current situation, and how landlords should proceed. Landlords aren’t powerless, however there must be a process followed to ensure a happy and legal outcome. What you'll learn Why tenants are banding together to defer rent Has the tenant been proactive to propose a rent solution Is the tenant using the pandemic as a ploy, or having genuine trouble paying? Should landlords issue an N4 Should landlords then file an L1 What suggestions Howard has for landlords during this time with COVID 19 What about vacant possession - What if a seller has sold their home with a tenant and the buyer is going to occupy the home Howard’s suggestions about collecting rent Can you use the last month’s rent to fill in the