Thanks to all who attended the session tonight; it was great to be in a room full of real estate investors, getting questions answered and learning some ways to protect themselves from unscrupulous tenants.
Personally, I found the entire evening fascinating, and was able to learn some things from some of the attendees as well as the guest speakers. The head of the Investigations & Enforcement division was particularly informative, and taught me something about potential liability that I could easily take on in my day-to-day life as a Realtor.
The basic premise of the evening was that any successful landlord should get to know the Residential Tenacies Act very well, and make sure to work within the rules of the Act. As things were explained, it would seem that the Board is neither pro-tenant nor pro-landlord, but rather, takes the stance that smart actions prevent problems, and to be a good landlord means to act smart.
I’m sure that the tenants of the landlords who attended tonight’s session will be better served by having a more informed landlord.
Look for a follow-up session in the Fall.
