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Hamilton Landlords How To Find Good Tenants (with Property Manager Licensing Looming!)
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They are the life blood for the success and prosperity for Hamilton landlords.
If you lease to good tenants your mortgage gets paid as well as business life is good.
On the other hand, renting in order to bad tenants can result in not only financial issues but also stress, sleepless nights and a long and expensive process at the Landlord and Tenant Panel.
Finding good renters is more important than ever considering Hamilton landlords face landlord licensing.
How can you Find Good Tenants?
One of the keys to get as many people as possible interested in your property.
There’s power in numbers. What this means is the more people you receive in to view your unit will result in more choices for your opportunity to rent to some qualified tenant.
What’s Does “Qualified Tenant” Mean?
It’s important to only rent to certified tenants. If you don’t you risk being forced to use the Landlord and Tenant Board to evict them.
The Landlord and Tenant Board is unjust for landlords. Very unfair.
The LTB is really a mess, it’s unprofessional, and it exists to help tenants at the expense of property owners, including good property owners.
At the Landlord as well as Tenant Board, every tenant gets free legal help. The actual legal help is known as Tenant Duty Counsel.
They have an extremely near relationship with LTB adjudicators and frequently use unscrupulous methods (some might say ‘tricks’) to help their renter clients…while being unfair towards the landlord.
-A qualified tenant has a high credit score
-A qualified tenant has stable long-term employment
-A certified tenant will move your person interview and show you as well as your property respect
How do i Attract More People To Be Interested in My Rental Property?
There are plenty of ways to do this.
One idea has been in the news recently at the Greater toronto area Landlords site.
The landlord in Quebec offers free apple ipads to people who lease from him. It might seem a little silly at first, but it has taken in a lot of potential tenants to see his home.
To discuss this and other Hamilton Landlord issues go to the Ontario Landlord Discussion board
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