In a perfect world, landlords wouldn't have to predict in advance what it may cost to restore a unit that a tenant damages. For instance, tenants simply could take out insurance that would pay the full amount owed to a landlord at the end of a lease term. But for now,...
The Keyword That Could Make a Difference in Your Rental Ads
An eye-opening study on metaphors could affect your wallet in ways that might surprise you. Every one of us is affected by the power of metaphors, whether we realize it or not. For instance, phrases using the word "up" are associated with being in a good mood, while...
How to Protect Your Vacant Property from Thieves and Vandals
Imagine stopping by your rental property only to find broken glass, a bent screen, or graffiti. One of the most frustrating experiences landlords may encounter is discovering their vacant property has been targeted by thieves or vandals. These criminals target...
Vancouver Landlords May Be Forced to Accept Pets
Vancouver lawmakers are pondering whether to adopt pet policies similar to those in Ontario, which prohibit landlords from restricting pets. According to Councillor Tim Stevenson, the low vacancy rate in Vancouver, coupled with the fact that the city supplies over...
Ontario Announces 2014 Rent Increase Guideline
Ontario's Rent Increase Guideline for 2014 is set at 0.8 per cent. The annual Guideline applies to most private residential rentals and represents the maximum rent increase allowed without requesting an increase before the Landlord and Tenant Board. The figure is...
Canadian Landlords See More Vacancies
The average rental apartment vacancy rate in Canada's 35 major centres increased to 2.7 per cent in April 2013, from 2.3 per cent in April 2012, according to the spring Rental Market Survey released last week by Canada Mortgage and Housing Corporation (CMHC). “While...
How Landlords Can Minimize Rental Expenses
You’ve heard the saying, “A penny saved is a penny earned.” There’s no better place to focus that advice than on your rental business. You don’t have to be miserly to save a bundle of money on your rentals. Rather, adopting a conscious approach of minimizing both...
What Should I Ask Previous Landlords?
Just as a credit report can show whether a rental applicant is financially responsible, a previous landlord reference will reveal a tenant’s rental history. If it’s been a while since you obtained a landlord-to-landlord reference, it’s helpful to refresh your memory...
Persistence Pays Off In Contested Eviction
When a San Francisco tenant was served with eviction papers, she did what many tenants do -- she contested the eviction. In this case, the tenant claimed the landlord was discriminating against her due to her disability, raised complaints about the condition of the...
Non-Smoking Test Proves Profitable for Landlord
After completing a pilot program that started in 2009, property management giant Related Companies has launched a portfolio-wide smoke free initiative for all of its over 40,000 luxury, workforce and affordable rental residences. Related, a premier brand of luxury...
How Landlords Can Minimize Rental Expenses
You've heard the saying, “A penny saved is a penny earned." There’s no better place to focus that advice than on your rental properties. You don’t have to be miserly to save a bundle of money on your rentals. Rather, adopting a conscious approach of minimizing both...
What Should I Ask Previous Landlords?
Just as a credit report can show whether a rental applicant is financially responsible, a previous landlord reference will detail a tenant's rental history. If it's been a while since you obtained a landlord-to-landlord reference, it's helpful to refresh your memory...
Health Canada to Prohibit Growing Medical Marihuana at Home
The Honourable Leona Aglukkaq, Minister of Health, has announced new regulations that will change the way Canadians are allowed to access medical marihuana. Under the new regulations, production will no longer be allowed to take place in homes, and municipal zoning...
Ontario Landlord and Tenant Board Announces Rule Updates
Earlier in the year, the Ontario Landlord and Tenant Board proposed changes that pertain to hearings before the Board. Specifically, the Board proposed a new rule and form that require landlords seeking to evict a tenant for non-payment of rent and to collect rent the...
8 Ways to Spot a Good Tenant
What do you look for in a tenant? There are three basic traits that describe the ideal tenant: The ability and willingness to pay rent, to care for the property, and to avoid creating a disturbance. Nothing short of a tenant background check can paint a truly...
How Often Can Landlords Visit Rental Property?
Ask landlords how often they are allowed to check up on a rental property, and the answer might be, “Whenever I want. After all, it’s my property.” But ask the same question of tenants, and they’d likely say, “Never!” The answer lies somewhere in between, but...
Jury Awards Tenant $800,000 in Bedbug Case
A jury in Annapolis, Maryland awarded a tenant $800,000 in damages after she moved into an apartment infested with bedbugs. According to a news report, the jury took just 45 minutes to deliberate, and handed down a verdict for twice what the tenant had asked for,...
Oregon’s New Rental Law Limits Tenant Screening
Oregon lawmakers have just passed a set of rental regulations that restrict the rights of landlords to screen tenants. A key provision of the measure prohibits landlords from rejecting tenants for prior evictions. Landlords cannot reject an application who was evicted...
8 Ways to Spot a Good Tenant
What do you look for in a tenant? There are three basic traits that describe the ideal tenant: The ability and willingness to pay rent, to care for the property, and to avoid creating a disturbance. Nothing short of a tenant background check can paint a truly...
How Often May Landlord Visit Rental Property?
Ask landlords how often they are allowed to check up on a rental property, and the answer might be, "Whenever I want. After all, it's my property." But ask the same question of tenants, and they'd likely say, "Never!" The answer lies somewhere in between, but...