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Windsor landlords – How To Rent to Great Tenants

July 20th, 2016 · Latest News, Ontario Landlords Association, Tenant credit checks

 Windsor landlords How To Rent to Great Tenants

Successful Windsor Landlords Use Tenant Credit Checks To Make Sure You Rent to Good Tenants

Windsor landlords know there are excellent opportunities for professional and serious landlords to succeed in our city.

We have a competitive market and by being a ‘great landlord’ you can position yourself to rent to great tenants.

Great tenants pay rent on time, follow the lease terms, follow the law and respect you and your rental property.

This strategy is also true for landlords who rent to students. For example, landlords who rent to students studying at the University of Windsor.

Good Tenants Want To Rent From Professional Landlords

There was a helpful article in CBC news about Windsor Fire and Rescue’s Wake up Windsor program.

This is the program where Windsor fire-fighters go around the city and provide education about the importance of smoke detectors (and educate owners that the law says every house must have at least one working smoke detector for every storey of the house and also outside of all the sleeping areas).

Smart landlords make fire safety a priority and welcome making our city safer.

How Can I Rent To Good Tenants?

There are few things worse for serious and professional landlords than renting to bad tenants.

1. You have made sure your rental property is attractive and safe.

2. You meet all building codes.

3. You know the importance of fire safety.

4. Your rent price is competitive.

5. You learned the rules and laws for being an Ontario landlord.

Unfortunately there are bad tenants out there who don’t pay rent and use the system to avoid being evicted for months.

Help Good Tenants Find You

The Toronto Star had an amazing article called “How Ontario Landlords Can Avoid Bad Tenants.”

It’s essential reading for landlords across Ontario (and BC landlords can also use the advice for their rental properties!)

Some of the tips include checking out Facebook and other social media as a way to screen potential renters.

Another tip was the importance of running credit checks on tenants:

Do a proper credit check using Equifax or TransUnion. The cost is approximately $20. Or join a group such as the Ontario Landlords Association where after becoming a member, you can do a credit check for as low as $10, and use their supporting materials to assist you.

What About Renting To Students?

If you are renting to students make sure you check their co-signers and guarantors. Even Alberta landlords are doing this for students studying at the University of Calgary and other schools there.

Join the Ontario Landlords Association

Join the Ontario Landlords Association!

For an affordable one-time set up fee landlords can get access to a huge amount of terrific services such as tenant credit checks and a “Rental Kit” filled with all the landlord documents you need to succeed.

Become a Professional Landlord and Make Sure You Rent To The Good Tenants Out There!

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Windsor Landlord Question: How Much Can I Raise The Rent?

April 13th, 2014 · Property Management Windsor Landlords, Rental Property Windsor

A Reader Wants To Know How Much She Can Raise the Rent For a Tenant In Her New Rental Property

The beginning of the year saw many small residential landlords discussing the issue of landlord licensing of Windsor landlords.

There was another important issue for landlords.  The 2014 Rent Increase Guideline was announced.

The Guideline is the legally allowable amount residential landlords can raise the rent for their current tenants.

Here is how the Ministry of Municipal Affairs and Housing explains it:

“The annual Rent Increase Guideline is a calculation based on the Ontario Consumer Price Index by Statistics Canada and applies to most private residential rental accommodation covered by the Residential Tenancies Act, 2006

The 2014 Rent Increase Guideline is 0.8%

Yes, you read that correctly.

Residential landlords can only raise the rent by less than 1% despite ever increasing costs to run a rental.

Many landlords know that such a small increase won’t allow landlords to maintain safe and attractive properties.

This was explained in report on the Sun News Network about the low rent increase for 2014.

An Ottawa landlord explained how this low guideline harmed good landlords who rent out high quality properties.

The landlord explained many landlords in Ontario are simply selling and investing elsewhere.Popular investment areas include the western provinces.

B.C. landlords can raise the rent 2.2% in 2014. Alberta landlords have it even better. They have no guideline they need to follow.

Do You Own A New Rental Property?

Many small business landlords aren’t aware of many aspects of the Residential Tenancies Act.

For example, do you know you and your rental property maybe not be covered by the Rent Increase Guideline?

There is an important explanation of this at the Ontario Landlords Association website.

Your rental property may be exempt from the guideline. This means you can raise the rent as much as you want to.

For example, if your property was built after November 1991 you are not covered. Te read the full article clicker here: “How Much Can I Raise the Rent For New Buildings in Ontario?

How Much Can You Raise the Rent In 2014?

Of course being able to raise the rent sounds good for landlords and has the usual tenant activists up in arms.

However, experienced landlords know we are at the mercy of market forces.

If you raise the rent too high you will lose tenants and won’t be able to rent to new ones.

This is just part of the complex world of being a landlord in Windsor and everywhere else in Ontario.

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Windsor Landlords: Licensing Landlords 2014

January 1st, 2014 · Landlord Licensing, Windsor landlords

Windsor landlords landlord licensing

Residential landlords all over Windsor were shocked!

A rumour on the internet from a real estate agents website said the Windsor’s Licensing Commission was considering a plan to ‘license Windsor landlords‘ in 2014.

After all Windsor landlords have faced a lot of challenges in 2013 and are looking forward to better times and more success in 2014.

We need our local government to support us (and all the property taxes we pay) not create laws that hurt both good landlords and good tenants in our city.

Landlord Licensing Is Also Called the ‘Tenant Tax’

Landlord licensing simply means residential landlords would require a government license to do business.

However, it’s far more complicated than that.

The government would create new rules, such as how many bedroom a rental unit can have.

And the government would require annual fees.

Other cities have landlord licensing and it’s not improving things for tenants

London landlords have reported they have raise rents since requiring licenses.

Barrie landlords are aghast at the idea.

Landlords in Waterloo say landlord licensing has led to a decrease in investment in rental properties in their city.

In some cases such as what Waterloo landlords face, you even need to submit criminal check in order to get a license.

It Doesn’t Make Sense

Taxing landlords, and therefore taxing tenants simply doesn’t make sense.

1. We already have Bylaws and officers in place to handle problem rental properties

2. Any fees charged by the government for a license will be passed on to tenants

3. We need more investment in rentals and licensing would keep a lot of investors out

This is why Hamilton landlords fought against landlord licensing in their city and won.

So What’s Really Happing in Windsor?

The good news is the Ontario Landlords Association contacted the city to get some straight answers on what’s going on.

The OLA interviewed Michael Chantler

He is  the Supervisor of Licensing & Deputy Licence Commissioner at the Office of the City Clerk for the Windsor

Chantler clarified the situation by saying nothing has been determined at this point but it will be an important issue in 2014.

You can read the interview at the OLA website.

Windsor Landlords 2014

This is a very important issue for good landlords … and our good tenants.

Landlords across our city need to follow how this situation progresses carefully.

Check this blog regularly because we will continually update the situation and keep Windsor landlords informed.

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University of Windsor Student Housing: Tenant Insurance

October 28th, 2013 · Windsor Student Landlords Tenant Insurance

 Windsor student landlords tenant insurance

Welcome back to all Windsor Landlords.

Our goal is to provide news, tips and advice for landlords.  

We aren’t a property management company seeking clients or a real estate agent looking to sell you a rental.

We want to help landlords in Windsor succeed by offering news and low cost, high quality tools.

We hope the Windsor Landlords who decided not to “eat the costs” and take their ex-tenants to small claims court were successful.

Student Housing

We are lucky to have the University of Windsor in our city.

Not only does it generate economic growth, it provides a good stable tenant market for student landlords.

Renting to students can be a great way for a landlord to succeed.

Help Your Student Tenants Help Themselves

There was a really helpful story at the Ontario Landlords Association website about renting to students.

As a landlord you can help educated your student tenants on how to protect themselves.

At the same time you are helping protect your rental property investment.

Tenant Insurance

Many student renters don’t have renter insurance, or as it’s now more commonly known ‘tenant insurance.’

Many students don’t even know tenant insurance exists.

If they do know about it, they usually think it’s expensive or even not need and just a waste of money.

Teach Your Student Tenants About the Important of Tenant Insurance

Ask your students what happens if there is a break-in.

Or a flood.

What if someone steals their notebook computer?

Or the toilet overflows, leaks down the floor and destroys books and clothes?

What if there is a fire?

Tenant insurance protects the student tenant and is very inexpensive.

It can cost as low at $10 a month for a student tenant to be protected.

Windsor Student Landlords Tell Your Tenants Class Is In Session.

Help Them Help Themselves By Teaching Them The Important of Tenant Insurance.

To Discuss This And Other Landlord Questions Visit the Ontario Landlords Forum

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Windsor Landlords and Small Claims Court

September 14th, 2013 · Landlord and Tenant Board

 Windsor landlords Windsor small claims court

In Ontario the laws for landlords and tenants is called the Ontario Residential Tenancies Act. This is also called the “RTA.” It’s also often referred to as the “Act.”

The Ontario Residential Tenancies Act covers most residential rental units including care homes, mobile homes, and boarding houses.

This law sets out the rights and responsibilities of landlords and tenants who rent residential properties.For example, it presents landlords with the rules for pets.

The Landlord and Tenant Board is also called the “LTB”. It’s also often referred to as simply the “Board.” You need to get used to all the names because they are all used frequently.

The Landlord and Tenant Board’s role is to provide information about the Residential Tenancies Act and to resolve any disputes between most residential landlords and tenants. 

Most landlords in Ontario at some point will need the Landlord and Tenant Board to help solve some sort of issue, so it’s vitally important to know how it operates and how it can help you.

If there is a dispute or conflict, landlords and tenants can file an application with the LTB. 

Things Change If the Tenant Moves Out

Under the RTA, if the tenant moves out they have up to one year to still file a dispute with their ex-landlord.

However, landlords are not treated equally or fairly.

If the tenants move out the landlord can go to Small Claims Court.

Ontario Landlords Association Member Won’t ‘Eat the Costs’

One Ontario Landlord faced a big problem when his tenants moved out. They left a big mess. The landlord took the ex-tenant to Small Claims Court.

A Newmarket Landlord Knows All About This

One landlord in Newmarket, Ontario said they have seen this type of mess before.

We know this happens in Newmarket and Aurora because if you drive around at the first of the month you can usually see some big large steel garbage bins on some driveways.

Windsor landlords are well aware it also happens here.

The courthouse in Windsor is located at 245 Windsor Ave. Windsor ON N9A 1J2

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Windsor Landlords – Property Management and Pets

September 7th, 2013 · Windsor landlords

Windsor landlords snake pets property management

Dangerous pets have been in the news a lot lately.

This is an important wake-call for all Windsor Landlords to do inspections to make sure your tenants and your rental properties are safe and secure.

There Have Many Recent Examples of Problems

According to a report on the Mississauga landlords site, police were recently called to a Brantford, Ontario motel.

A motel guest notified police he suspect a guest in another room at the motel had a lot of snake in his room with him.

Yes, snakes.

When police arrived they found the guests along with five young children (one was an infant) … along with 40 pythons.

The police found the snakes in plastic storage bins in the room. The snakes were in distress and not being taken care of property.

Against the Law

It is illegal in Brantford to own a python. It goes against the City bylaw.

And the Stories Continue

According to the Barrie Landlords Association tenants have been given one week to get rid of their exotic pets.

A Barrie man has one week to get rid of two Red Tail Boa Constrictors in his home where two young children live.

That’s after he was already given 30 days to get rid of them.

Two Barrie police officers went to a Worsely Street apartment today with Barrie by-law officers. The man was charged with harbouring exotic animals.

Last month, by-law officers heard the man had the two snakes in his apartment and gave him 30 days to remove them. He didn’t.

Because of the two children under the age of five living in the apartment, the Simcoe County Children’s Aid Society was notified.

 Excellent Property Management

Successful landlords regularly check to know what is going on in their rental units. Regular inspections are part of good property management.

Always make sure to provide property notice before doing any inspections or entering a rental property that has tenants.

To Discuss This And Other Landlord and Tenant Issues Go To The Windsor Landlord Forum

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