Tenant Verification Services: How to conduct a background check for tenants
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
Landlording
Best Property Management Software in Canada
What is the best property management software in Canada and why would it interest you? The property management industry is expected to generate $114.9bn in 2023.With the upsurge in money generated from real estate rentals, it’s no wonder we’re seeing an abundance of rental manager software designed to help landlords and property managers stay organized. Which is the …
What is a Landlord Tenant Board?
What is a Landlord Tenant board, and how does it affect you or your tenants? The landlord tenant board is an adjudicative tribunal that is operated by individual provinces throughout Canada. It is an alternative to the courts in resolving disputes for landlords and tenants under the Residential Tenancies Act (RTA). If you or your …
How to determine Fair Market Rent
A key factor in keeping a property rented and profitable is learning how to determine fair market rent (FMR). Unfortunately, this is an area where many landlords falter. Generating cash flow means your rental income should be high enough to cover operating expenses and still make you a profit. But many new landlords don’t know how to price their properties, and either over or under-change. Both have their drawbacks
What is an acceptable credit score for your tenants?
A credit report shows you a picture of the tenant’s financial history. Based on their credit history, you can make an educated decision about the tenant’s creditworthiness and financial condition.