Tenant Verification Services provides landlords and property managers with a variety of screening options. Select a market to sign up or learn more.
The interest rate to accrue on security deposits in British Columbia in 2018 remains at 0%. Landlords in British Columbia are required to pay interest on security deposits on an annual basis. That rate is set each year by the Residential Tenancy Branch. The rate has...
Tenant screening is a two-part process. A landlord must verify credit-worthiness -- the ability and willingness to pay rent, along with tenant-worthiness -- the applicant's rental history. Running a tenant credit check is crucial for determining if the applicant tends...
Small landlord businesses - those with a few units or renting out their own houses -- are particularly vulnerable to income loss. Renting only now and again is like having a part-time job. It takes longer to build experience. Fortunately, there are many ways to...
A federal district court in Los Angeles has dismissed a lawsuit brought by major property manager Aimco against online vacation hosting site Airbnb alleging Airbnb illegally interfered with lease agreements by encouraging tenant hosts that Airbnb knew were violating...
California lawmakers this week killed a pending proposal that would have allowed more cities there to expand rent control policies. After hearing testimony from landlords, including the California Apartment Association which offered rigorous opposition to the measure,...
A tenant in Nova Scotia has been charged with fraud after failing to pay her rent while allegedly pretending to be the landlord and collecting money from another tenant, according to a news report. Despite the woman's long criminal history and her failure to pay...
A landlord in Victoria is facing a Human Rights dispute after turning away a family for having too many children. The case brings to light the fuzzy line between occupancy limits and discrimination. The landlord rejected the family of six, with four children under the...
One-year leases have long been the standard for residential rental properties. If the tenant is good, they are invited to stay another year. And if the tenant is bad, the landlord always has the option of running the clock -- waiting it out -- rather than spending...
Secondary suites -- apartments located withing existing homes -- are viewed as a win-win situation, where homeowners can earn a little extra income, and tenants can find a convenient place to live in extreme low-vacancy markets. Another benefit: secondary suites may...
Want 2018 to be your best year yet? Here are some tried-and-true strategies that are sure to improve your property management procedures: 1. The ability to report rental history on a tenant's credit report is the single most important development that has occurred in...
You've probably noticed that there are a lot of labels out there to describe today's tenants -- Millennial, Gen M, Gen X, Gen Z.... Sure, there are differences in renter demographics and landlords benefit from understanding the trends. For instance, most millennials...
A half dozen California landlords have been charged with price gouging after allegedly spiking rents in the wake of catastrophic wildfires that have driven residents there from their homes. The number of landlords charged is expected to climb as more complaints are...
A judge in Mississippi has been disciplined for improperly intervening in a landlord-tenant dispute by coaching the landlord to seek higher damages and an eviction order. As a result, the judge has been ordered to pay $5,400 in restitution and court costs, according...
Want to make 2018 a profitable year for your rental business? Take a look at these top strategies and look forward to a prosperous new year: Tenant Accountability On-time rent payments remain a coveted yet elusive benefit of being a landlord. The best thing that has...
Occupancy Rates Canada's apartment vacancy rate dropped lower this year, down to 3%, that according to the latest CMHC Rental Market Survey released last week. CMHC attributes the low vacancy rate to recovery of rental demand in oil-producing areas like Calgary, which...
The organization Doctors of BC has joined the discussion over Canada's plan to legalize marijuana. In a submission offered to British Columbia's provincial government, the group of medical experts proposes a ban on home cultivation of non-medicinal marijuana. Canada's...
Vancouver has joined a number of major cities, including London, Paris, Barcelona, San Francisco and New York, in regulating the practice of short-term vacation rentals through online hosting sites like Airbnb. At stake are potential lost lodging tax revenues in these...
A lease agreement has a dual purpose. It needs to be strong so if the landlord has to go to court, the landlord will win the case. More importantly, the lease needs to gain the tenant's compliance. Sure, the lease needs to contain a lot of legalese, but it also needs...
The property managers of a housing complex in Colorado are facing a lawsuit after inviting the local police -- including a K-9 unit -- to search for drugs in tenant homes during routine maintenance inspections. The ACLU of Colorado announced that the local police...
The latest reporting by RealPage® and Axiometrics® shows multifamily rent growth through 3rd quarter 2017 remaining stable, despite earlier sluggishness. According to recent statistics, annual rent growth has been holding between 2.5 and 3 percent this year, after a...
