Lawmakers in San Francisco have passed an ordinance to support landlords whose tenants cannot pay rent due to the pandemic. According to a report by the city's Budget and Legislative Analyst, the eviction moratorium put in place in response to COVID-19 has cost landlords in the city between $81.3 million and $196.2 million. Unemployment, which spiked as high as 12.6 percent in April, continues to trail pre-pandemic levels, leaving many tenants unable to pay rent. Landlords also report lost...
10 Simple Ways to Avoid Nightmare Tenants
Major property management firms report that tenant fraud -- rental applicants...
Eviction Ban Highlights Need for Tenant Accountability
A retired British Columbia couple in their seventies shared their frustration...
How to Succeed in Dispute Resolution
With pandemic eviction bans coming to an end, it is likely many landlords will...
Tenant Screening in a Changing Rental Market
Calgary landlords are being warned they may need to adapt to a dramatic shift in market conditions there, according to a recent news report. Where the vacancy rate neared zero two years ago, CMHC is expecting that rate to spike up to seven per cent next month. This...
Is First Come, First Served the Best Way to Rent?
Seattle recently amended its already comprehensive rental rules to add a provision requiring landlords to accept the first qualified rental applicant. The law is intended to assist vulnerable populations, in particular those tenants who receive "alternative" income...
Landlords: How to Handle Early Termination Requests
As frustrating as it is to discover that a tenant is leaving a rental property earlier than expected, taking a proactive approach to early termination requests often is the best way for landlords to avoid income loss. That approach includes reviewing the landlord's...
Landlords Battle, Embrace Pokemon GO
Pokémon GO may be the ultimate "mobile" app. It is estimated that hundreds of millions of people have checked out the game, with as many as 21 million playing daily, and these players are, indeed, mobile. The object of the game, in case you don't play, is to collect...
3 Reasons to Watch for Bed Bugs in September
Bed bugs -- and pests in general -- are never fun to deal with in rental properties. But when it comes to income loss, prevention is worth the effort. Landlords may see more infestations in the fall. There are 3 why reasons this happens: High Density Dwellers The bulk...
7 Cost-Saving Strategies for Landlords
When it comes to running a profitable rental property, the recipe for success includes finding the right tenants, actively managing those tenants, and reducing common landlord liabilities. Here are some easy strategies that can lower the risk of income loss: 1....
Lease Tips: Assignments, Sublets, and Everything In Between
Built into nearly every tenancy agreement is a paragraph that deals with assignments and sublets. It's important for landlords to understand the impact of these provisions when handling tenant issues. Landlord Responsibilities: Assignments, Sublets, Early Terminations...
Ontario Judges Call for Landlord Protections
An Ontario Divisional Court Justice has added his name to the list of judges who have called for reforms in the eviction process to stop professional tenants from scamming landlords. Asked to hear an appeal by a tenant who made only one rent payment despite months in...
New Law in Alberta Impacts Tenancy Agreements
Alberta lawmakers unanimously passed an amendment to the Residential Tenancies Act that requires landlords to allow victims of domestic violence to terminate leases early. This law was proclaimed in August and is now in effect. The new rule allows victims to flee a...
Landlords: Are You Prescreening Your Tenants?
What's the best way to avoid a problem tenant? The answer is simple: eliminate unqualified applicants early in the tenant screening process. The fewer bad applicants in the queue, the less likely one will make into the rental. That can be easier said than done. Speed...
3 Reasons to Report Tenant Pay Habits
TVS provides a valuable service to both landlords and tenants: the ability to report tenant rent payments each month. When a landlord signs up to Report Tenant Pay Habits, great things happen: Reporting Tenant Pay Habits Helps Tenants Many people choose to rent...
Failed Eviction Highlights Common Landlord Mistakes
A Colorado landlord is caught in a highly-publicized legal squabble with a long-term tenant after its eviction order was overturned. The case highlights some common errors that landlords make in the eviction process: Eviction Mistake #1: Not Following Local Law The...
Landlord Finds Smart Solution to Copper Theft
After losing 18 air conditioning units in three years, a landlord in Ohio is sharing his strategy to prevent future theft: marking the property with an invisible tag that police can trace. The landlord explains to the local news that his properties have been targeted...
How to Prequalify Rental Applicants
Have a vacancy coming up? With vacancy rates low, chances are you will receive a ton of phone calls, emails and texts from interested applicants. So many questions, in fact, it may be hard to keep track. Don't be fooled by the level of interest in the property. Just...
Tenant Screening Tips: Previous Landlord References
Speaking with your rental applicant's current and previous landlords is a crucial part of the overall tenant screening process. Unfortunately, too many landlords skip this step. That may happen because the credit report checks out, or because the applicant seems nice....
6 Reasons Landlords Should Complete Condition Inspection Reports
Condition inspection reports, or move-in and move-out forms, are an extremely useful tool for landlords. In fact, you may be surprised to see how much can be accomplished with these forms. By using condition inspection reports at move-in and move-out, landlords can:...
Vancouver Finds Support for Vacancy Tax
According to a study conducted by the City of Vancouver, there are some 10,800 properties in the city -- many of them condos -- sitting vacant. Meanwhile, residents are facing a housing crisis as the rental vacancy rate dips below one percent and home prices soar. As...
TVS Reporting Rent Payments to Equifax Canada
As previously reported, TVS has launched its new website LandlordCreditBureau.ca, which hosts a comprehensive database showing high and low risk tenants. Now, TVS wishes to inform you that it has signed an Agreement with Equifax Canada, allowing it to report rent...
Landlords Lose Big on Upfront Fees, Deductions
The owner of several apartment buildings in Washington and Oregon has lost a class-action lawsuit over a $400 fee charged to each tenant in advance for carpet cleaning and repainting. The Seattle-based landlord was ordered to refund the fees to all tenants affected by...
Landlord Tips: 4 Common Problems and How to Prevent Them
Oops! Tenants Forgot to Pay Rent Before They Left on Vacation Believe it or not, tenants do sometimes forget to pay rent, not because they are being deadbeats, but because they are in a hurry to get away for vacation. Summertime can be difficult on a landlord's cash...