What’s the biggest mistake landlords make during lease renewal season?

 

In this episode, I sit down with Cory Friedman, founder of KompasPM.com, to dig into the real struggles of property owners and managers—especially during Quebec’s intense lease renewal cycle. Cory explains how having proper accounting systems and a smart approach to rent increases isn’t just helpful—it’s essential. From navigating rent control laws to understanding tenant consent for digital delivery, we cover how to simplify the renewal process and avoid delays that cost both time and money.

 

We also talk about the human side of property management. Cory reminds us that tenant relationships don’t start at renewal—they start on day one. And if you’re not communicating clearly or responding to requests throughout the lease, don’t be surprised if that renewal turns into a negotiation or, worse, a court case. Cory shares why it’s better to know your numbers, prepare early, and stay flexible when needed.

 

We wrap with a discussion on tech shifts and lead generation. Cory explains how the rental market is evolving with AI tools, new listing platforms, and rental agents stepping in to help owners keep up. If you want to scale your property business, avoid tenant headaches, and boost your lease conversion rates, you’ll want to hear what Cory has to say.

 

Tune in if you want to stop scrambling at renewal time, reduce vacancy, and stay ahead of the rental curve.

 

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Tired of spreadsheets and admin headaches in your rental business?

 

If you're a real estate investor looking to simplify operations and grow your portfolio, Kompas is your new best friend. This all-in-one property management and accounting software helps you automate the tedious stuff—like receivables, renewals, and leasing—so you can focus on creating value.

 

Boost your cash flow, improve your NOI, cut down back-office work, and scale with confidence.

 

👉 Visit www.kompaspm.com to sign up and get your time back.

 

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patreon.com/realestateeffect and become a part of our real estate family! You’ll get access to exclusive content, monthly virtual meetings [Ask me anything!], special events, and more!

 

And please subscribe to the show, share it with a friend and send us feedback. Visit www.realestateeffect.ca and follow me on IG @monsaxel

 

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Connect with Axel Monsaingeon:

 

Linkedin - https://www.linkedin.com/in/axel-monsaingeon-42577b28/

Website - https://www.realestateeffect.ca/

Facebook - https://www.facebook.com/realestateeffect/

Instagram - https://www.instagram.com/veryrealestateeffect/

Youtube - https://www.youtube.com/channel/UCc8EYrmO1aVvVIgwT7AfNFw

 

Connect with Corey Friedman:

 

Email: [email protected]

LinkedIn: https://www.linkedin.com/in/cory-friedman-cpa-77462b80/

Website: https://www.kompaspm.com/

 

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Do you have any questions about your real estate journey?

 

Whether you're curious about navigating the complexities of development projects, dealing with financial challenges, or anything in between, I’m here to delve into the topics that matter most to you. 

 

I invite you to submit your questions by visiting our website at https://www.realestateeffect.ca/ and clicking on the 'Send Voicemail' widget on the right side.

 

Your inquiries will help shape our upcoming episodes, ensuring we cover the real estate issues you're most interested in.