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As a rental property owner, you can reduce your expenses and increase your profits from your real estate investment by taking tax deductions. Deductions reduce your taxable income by designating part of your income as having been spent on qualifying business expenses. You can also take deductions for expenses you incur to produce more income from your Airbnb or short-term rental property.

Nothing beats gathering around a restaurant table for good food and good conversation. There are a number of great restaurants you can try in the Collingwood-Blue Mountain area for enjoyable food and time with friends and family. Here are our top five places to eat out in the area, so give them a try and let us know how you like them!

Being an investor in an income-producing property requires more than just choosing the right property if you want to achieve the best return on your investment. It also involves a diligent eye on keeping that property in good condition so that you can command the best rental rates, attract the best tenants, and avoid costly repairs.

When you have a rental property, you basically have two ways to go regarding generating income. You can rent out your property on an annual basis or treat it as a short-term accommodation. There are advantages involved with both, but also drawbacks, so it is important to fully understand what is involved. One thing you’ll need to consider is the short-term accommodation by-laws in Collingwood & The Blue Mountains area.

You want your Airbnb to stay booked all year long, and while this may be an ambitious goal, there are things you can do to increase your bookings. Here are a few things guests look for when booking that they want out of their rental when they come to stay at a property:

There are many factors that impact your success in the short-term rental market, but good communication with your guests is one of the most important. Effectively communicating with your guests before, during, and after their stay can garner great reviews for your property and as a result, increased bookings.

Many people choose to invest in rental properties as a way to supplement their income without realizing how much work it is to maintain a second house or condo, let alone find tenants to rent it.

If there is one thing that everyone notices when visiting The Blue Mountains, Ontario area, it is that there is always something fun to see and do, no matter what time of year you are there.

If you own a rental property, our team at Property Valet wants to help you make it the best it can be and maximize the value it provides. To do this, it’s important to adjust your approach to fit the type of rental that you are offering–a property intended for long-term tenancy needs different services than a vacation rental. In this article, we’ll be focusing on vacation rentals specifically, and going over what amenities you should include in yours in order to attract interested renters.

If you own a property that you want to rent out, you’ll need to make some key decisions before you welcome your first tenant. One of the most important of those decisions is whether to offer long- or short-term rentals.