Helping you achieve profits affordably
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 …
Does your mind go blank when you think about how to write a landlord-tenant memo? When it comes to educating your tenants and communicating your expectations, although you may have a solid renter’s lease agreement – there will be items outside the rental agreement that require additional landlord-tenant communication. Using a memo/memos can be an …
When organizing your rental property management, ask yourself, do your tenants know what you want? Do yourself and your tenants a kindness and put it in writing. Giving tenants a copy of your landlord/tenant requirements is the best way to bypass uncertainty and misunderstanding
Many landlords believe that they’ll find a good tenant if they trust their gut and do nothing else. Often, they’re wrong and end up going through an eviction. The cost of having a non-paying tenant runs into thousands of dollars of debt, sometimes bankruptcy, and always causes months of stress and strain. Here are the breakdown of costs.
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 …