A landlord in British Columbia is living with the fallout from tenants who trashed his rental property. According to a news report, RCMP and bylaw enforcement officers stood guard as the recently-evicted tenants picked through heaps of trash to claim their belongings....
Category
Tenant Screening
Tenant Fraud Running Rampant
A newly-released study finds that over 80% of property management companies surveyed have experienced tenant fraud -- as many as 20 times -- in the past two years. That staggering statistic is a key finding in the study conducted by Forrester Consulting on behalf of...
Clean Slate Initiative Likely to Impact Criminal Background Checks
A powerhouse of well-funded community activists is promoting the "Clean Slate" initiative, a movement aimed at helping individuals charged with crimes rehabilitate by clearing their criminal history. In August, federal lawmakers introduced the Clean Slate Act of 2018....
6 Tenant Screening Strategies That Always Work
There is a lot to know about screening tenants - and a lot at stake. Choosing good tenants is the cornerstone of a profitable rental business. These tried-and-true tenant screening strategies always work when it comes to finding the right tenants and preventing costly...
10 Tips for Avoiding Damage to Your Rental Property
Every rental property is going to undergo some level of wear and tear. It's inevitable. But that doesn't mean landlords can't take steps to prolong the life -- and value -- of each rental unit: 1. Check rental history. When screening tenants, watch for a pattern of...
4 Easy Ways to Beef Up Your Rental Forms
Landlord forms are the mainstay of any rental business. Make your rental forms work harder by following these easy strategies: 1. Make Your Rental Ad Do Double-Duty Landlords may not think of an ad as a rental form, but it can be an effective tool when it comes to...
Eviction Delays Highlight Need for Tenant Screening, Property Management
Citing a shortage of adjudicators, Ontario's Landlord and Tenant Board is warning those seeking dispute resolution that they may experience longer-than-usual delays. Based on reported decisions over the past two months alone, including a tenant who was ordered to stop...
Landlords: Are You Asking Tenants the Right Questions?
Different landlords use different methods for screening tenants. For some, choosing the right tenant is as simple as a gut feeling. Others turn to artificial intelligence to conduct more elaborate personality tests to find the ideal renter. Rules that protect tenant...
Tips for Managing Students and First-Time Renters
Rental properties located near colleges and universities often are lucrative investments. Landlords enjoy a steady stream of prospective renters but leasing to students or inexperienced tenants is not without its challenges. Students tend to be young -- 18-22 -- and...
Landlord Punished for Double-Dipping: Understanding Sublets and Substitutions
An Ontario landlord is in the news after she was ordered to return rent she collected from students while at the same time subletting the property on Airbnb. After apparently signing a tenancy agreement, the students asked the landlord for permission to sublet their...