Step 5 Running a credit check – why and how Watch the video below…
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A tenant credit check is a wealth of information and is the final step in the tenant screening process. It shows you a snapshot of the tenant’s financial history, spending habits, and most importantly, their payment habits. Based on the credit history, you can make an informed decision about the tenant’s creditworthiness and financial condition.
Many landlords are nervous asking for a tenant’s credit score because they’re unsure of how to read a tenant credit report. How is a credit score rated? Credit reports are part of your tenant’s financial picture. In Canada,there are two national credit bureaus: TransUnion and Equifax. Although the two credit bureaus have separate algorithms for determining credit
Tenant verification services, or how to conduct a background check for tenants, is the process landlords and property managers use to evaluate prospective tenants. Here
Who’s naughty/nice – landlords can do themselves a favour by following a due diligence checklist. Here are 7 items to check off your naughty/nice list.
You have a property for rent and you want to find a quality tenant. Where do you start? Finding tenants or renting a property is a multi-step process that involves: Tenants Advertising for tenants Define the type of tenant you’d like to live in your property and write the ad to that tenant, while leaving
Watch my free webinar Tenant Screening – how to find the best tenants in 5 Easy Steps Watch Recording now! Helping you achieve profits affordably Menu Home About Resources Offerings Coaching 10 Essential Editable Landlord Forms Find the Best Tenants masterclass Landlord Fundamentals 101 Program Know the Rules – The RTA & Acts for Rental
Whether you’re a novice or a vertern, here are 9 landlord hacks to save you time & money and fast-track your learning curve.
Knowing how to avoid rental scams that target landlords can prevent you from becoming a victim. Rental scams hurt both landlords and tenants. Tenant scams are frequently in the media, making landlords look like villains. Landlord scams make it difficult or impossible for landlords to recover financially or emotionally. But how can you avoid rental