4 Landlord Mistakes That Stifle Tenant Retention

March 26, 2018

Even in a tight rental market — with virtually no vacancies — landlords still stand to lose money. That’s because low tenant satisfaction leads to time wasted and money lost. Well-managed tenants generate fewer management headaches and higher property values. Income loss from low tenant retention occurs slowly, over time. Fortunately, it can be prevented. […]

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British Columbia Says Landlords Going Too Far When Screening Tenants

March 26, 2018

B.C.’s Acting Information and Privacy Commissioner Drew McArthur has published a report following an investigation into what he says are privacy abuses by landlords within the province. The Commissioner compiled information from 13 landlords, along with informal public comments, and developed a report which was published this week. “Rentals make up 30% of housing in […]

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Landlords: How to Flag a Scammer in 3 Easy Steps

March 12, 2018

Some landlords are lucky. They don’t know what it’s like to open the door of their rental unit and find a sea of hypodermic needles, holes in the walls, broken doors, running water, or strangers living in the property. A landlord who profits from a tenant despite the fact the landlord never ran a tenant […]

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Lease Dispute Proves Costly for Landlord

March 12, 2018

A Michigan-based landlord of a 215-unit property in Colorado has been forced to settle a lawsuit brought by tenants over improper fees. The dispute erupted after the property manager notified tenants of the mobile home park that a water fee was going to be added to rent. However, the lease agreements, some of which were […]

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Premise Liability Verdict a Warning for Landlords to Inspect

March 12, 2018

An HOA is Nevada recently was ordered to pay $20 million in a premise liability lawsuit over poorly-maintained playground equipment. The victim’s attorney, Claggett & Sykes Law Firm of Las Vegas, reports that this is one of the largest negligence verdicts against an HOA in Nevada. Landlords face the same liability when managing rental properties. […]

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Rooftop Revenue a Unique Opportunity for Property Owners

March 12, 2018

From church steeples to farm silos to rooftops, the growing needs of the telecom and solar industries present unique opportunities for building owners to maximize revenue. According to AudioSolutionz, AT&T is planning to increase spending on new antenna leases in 2018, and it’s fair to assume other companies may follow suit. That means empty rooftop […]

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Landlords: Can You Spot the Scammer?

February 26, 2018

Take a look at these rental applicants and see if you can spot the scammer: Tenant A is a successful entrepreneur. A sharp dresser in an expensive suit, Tenant A decided to lease out his luxury home in the U.S. and rent a place in Vancouver — way below his budget — to chill for […]

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Understanding the Risks of Failing to Conduct Regular Property Inspections

February 26, 2018

by Jim Garnett, Canadian Tenant Inspection Services Ltd. When was the last time you inspected one of your rental units? If you can’t put your finger on the date, then you might be in for a surprise, as well as some unexpected expenses, potentially dangerous situations, litigation and more. While you might consider insurance as […]

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3 Ways to Bolster Your Rental Application

February 26, 2018

It’s hard to overstate the importance of a rental application when it comes to tenant screening. By verifying and then cross-referencing the application to the tenant credit report and references, a landlord can spot a bad tenant before it’s too late. But this fundamental landlord tool is only as good as the information provided by […]

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How to Verify Self-Employment Income

February 26, 2018

A significant number of rental applicants own their own businesses. Many of these applicants are highly-qualified and make great tenants. Landlords accustomed to verifying income solely from pay stubs may need to tweak their tenant screening process. Here are some tips that make it simpler to verify self-employment income: Preliminary Questions to Ask the Applicant […]

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