Streamline Landlord Service @StreamlineLS

Reminder: If you treat your tenants right, you’ll rarely have a vacancy. Good tenants know good tenants and will ask if you have other properties for rent.

Maintenance pro tip 🔧 Check toilet flappers for silent leaks. A worn flapper can slowly leak water all day, increasing utility costs without being obvious. Add a few drops of food colouring to the tank. If it seeps into the bowl, it’s time to replace it!

Thinking about getting into real estate investing? Remember that a great purchase price doesn’t guarantee a great investment. What happens after you close: tenant selection, lease structure, expense control - often matters just as much, if not more than the deal itself.

If you have new tenants moving in on the 1st, make sure that you complete your walk-through reports! Most deposit disputes don’t come down to damage. They come down to documentation. If you can’t prove the unit’s original condition, you’re negotiating - not enforcing. Walk-through reports protect both sides!

Balance is key in real estate. Find your equilibrium between risks and rewards, business and personal life, and short-term gains and long-term growth. Hopefully you’re set up to actually enjoy some time off this summer! 🌞⛱️⛵️

Financial Friday: Many landlords focus heavily on gross rent. Sophisticated investors focus on what remains after: • Maintenance • Vacancy • Insurance • Management • Capital reserves Net performance is what matters!

Are you thinking about expanding your portfolio to another province? Assuming consistency is one of the fastest ways to make a costly mistake. Regulations aren’t just legal requirements - they directly impact your operations. Rent increases, notice periods, deposits, and entry rules all vary by province. Make sure to do your due diligence before you jump into that‼️

Say goodbye to frustrating chatbots! 🚫🤖 Our property management software comes with genuine human customer support. Whether you need help setting up or troubleshooting something down the road, we're here to help 💪

Risk Management Reminder: Owning multiple properties does not automatically mean diversification. Risk remains concentrated if your portfolio is heavily exposed to: • One market • One neighbourhood • One tenant demographic • One asset class or a single type of investment Diversification should be intentional!

Pet rules differ by province. Examples: • Ontario → “no pet” clauses often unenforceable • BC → pet deposits allowed • Alberta → more flexibility in restrictions, but pet deposits are not allowed – only non-refundable pet fees Don't assume you can enforce a clause without checking your provincial rules.

Clogged dryer vents are one of the most overlooked fire risks in rental properties. Check exterior vent flaps: • Are they opening fully? • Is lint buildup visible? Restricted airflow also increases drying time - something tenants will notice immediately. Send them a reminder to regularly clean the filters in their dryers, and even check for it in your next inspection!

“Tenants don’t report issues early enough.” Sometimes true, but sometimes: They’ve reported things before, and nothing happened. Your responsiveness also trains their behaviour.

Do you register all of your appliance purchases? How well do you keep track of warranty expiries?

Monday Motivation: Every rent payment your tenants make contributes to more than a property. It contributes to your: • Long-term equity • Future leverage • Financial security • Expanded investment opportunities Real estate is not just about today’s return, it brings about tomorrow’s options too!

Scaling efficiently should reduce decision volume, not increase capacity. Systems should eliminate repetitive decisions, allowing you to focus on exceptions. If you’re not using automation to support consistent execution, send us a DM to we can walk you through how we can help!

Turnover strategy: 📋Prepare detailed move-in checklists for new tenants - it sets clear expectations and protects your property. @StreamlnineLS documentation keeps records clean! Is your move-in process streamlined?

Maintenance pro tip: Lubricate door hinges and locks before summer heat causes sticking. Small task with big impact on tenant satisfaction. @StreamlineLS can help you schedule recurring tasks like this. Need help getting that set up? Send us a DM 📩

Most new landlords focus on finding the next deal. The better starting point is building your systems: • How will you track rent? • How will you handle maintenance? • Where will documentation live? A small portfolio with strong systems outperforms a larger one without them!

Rent day stress? With @StreamlineLS 's Pre-Authorized Debit feature: ✅ Tenants got an automatic reminder leading up to the 1st ✅ Rent is withdrawn today ✅ No chasing, no time spent depositing, no hassle for your tenants either. Win-win.

End of May check-in: What actually caused stress this month? • Volume of requests? • Poor organization? • Vendor delays? Fix the root - not the symptoms. That’s how the rest of the year gets easier. Message us to find out how our platform can help your business.