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When rent goes unpaid, Housing Providers often find themselves in a tough spot, unsure of how to proceed within the confines of Canadian law. Fortunately, there are legal avenues for Landlords and Property Managers to recover unpaid rent, and one such option is hiring a collections agency.

When rent goes unpaid, Housing Providers often find themselves in a tough spot, unsure of how to proceed within the confines of Canadian law. Fortunately, there are legal avenues for Landlords and Property Managers to recover unpaid rent, and one such option is hiring a collections agency.

If you’re considering buying a home but can’t get a mortgage or don’t have enough money saved for a down payment, rent-to-own programs offer an alternative option to home ownership.

Having a good credit score is critical for many aspects of life, from renting an apartment to getting a loan. Credit scores not only affect how lenders view you, but also to what degree you can be approved for certain financial milestones.

Although evicting a Tenant is typically a last resort, it can become unavoidable in specific scenarios. According to a recent survey, 10% of rental agreements end in a Tenant eviction.

The ability for Landlords to report Tenant rent payments to credit bureaus is relatively new. But it is one that is making waves across the country as Landlords seek to attract Tenants with histories of timely payments and avoiding those who have long lines of late payments, delinquencies, and even evictions in their past.

Tenant screening is often one of the least enjoyable aspects of managing a property. Yet, having a robust Tenant screening process is critical to minimizing risk and identifying the best fit for your rental. As part of that process, credit checks provide the essential resource of data needed to assess Tenant reliability and start the Tenant-Landlord relationship off on the right foot.

When my husband and I owned a property management business, we’d frequently get calls from new landlords in crisis.

A credit report summarizes how promptly an individual pays their bills. Credit reporting agencies assign a credit score ranging from 300 to 850 based on bill payment habits and other factors in handling credit responsibly.

One of the most crucial elements towards building a good Landlord-Tenant relationship is the clear understanding of maintenance responsibilities. Even the most well-kept rental properties will need maintenance and repairs at one time or another.