The province of Ontario has tens of thousands of cottage rental properties of all shapes and sizes and this tour is the perfect opportunity for registrants to view 3 very different properties.
With the ever increasing risk of rental bans in urban areas it makes good business sense to thoroughly investigate the pros and cons of an urban investment. Fortunately the rapid rise of real estate prices can give a profitable exit should your investment go south.
Toronto is one of the most multiculturally diverse city on the planet: over 140 languages are spoken. It's estimated that over half of Toronto's residents were born outside Canada, and despite its complex makeup, Torontonians generally get along. When the weather is fine, Toronto is a blast: a vibrant, big-time city abuzz with activity. In the winter it is a magical winter wonderland unlike any other icy metropolitan city.
See how a local owner has harnessed the tourist popularity of the city to build a very profitable business.
Small Rental Property
As the tour heads out into the country you will get to see some of the beautiful Ontario countryside in the spring on your way to a smaller rental property.
Small properties have a charm and profitability that are far more appealing to most owners. Not to mention the less likelihood of issues with larger groups.
This small property will give you some great insight into how to prepare a property that has a more intimate setting and the niche marketing that this affords to fill those off-season weeks.
We often have the dream of owning a large property for rental and quiet often people don't get into the rental market because they don't feel they can afford the kind of property of this size that guests are looking for.
Large properties are large undertakings not just with maintaining and systematizing but with costs and problems. However if you can make all this work the profits can be significantly higher with fewer rental guests based on fair market value per rental week.
At this property you will see how the owners have managed to master all these challenges and what you can do to implement in your property irrelevant of comparable size.
During this tour there will also be a series of smaller workshops and discussions at each location and while en route.
Workshops will include: (Note these topics are subject to change)
- Property Staging
- Photography for capturing the story of your property
- What to include in the kitchen of your vacation rental
- How to make your property truly child friendly
- and many more