How Ontario landlords can avoid bad tenants
June 30, 2014
Whether you’re renting out a one bedroom downtown Toronto condo or a family home in Rosedale, you still need to follow the same steps when choosing a tenant.
Would you rent to a prospective tenant without doing a background or credit check? You’d be surprised how many people go with their gut feeling, especially when they only have one or two units to rent.
The Landlord Tenants act seems to be stacked against landlords in order to protect tenants, so it’s important to thoroughly vet tenants. Mark Weisleder recently published a column on ten things you should do to make sure you’re getting the best possible tenant – and in today’s tight rental market, you can afford to be choosy. Although it’s time consuming, don’t be tempted to skip the credit check or reference check. Visiting an applicant where they currently live may be overstretching, but you can certainly check out what they’re doing online with a couple of keystrokes.
That said, what often helps create a good tenant is a good landlord.
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