Ontario Landlords Association

Welcome to the OLA for Small Business Landlords

The Ontario Landlords Association (OLA) and its sister organization The Canada Landlords Association (CLA) are leading provincial and national organizations for private small residential landlords. We provide a unified voice for private landlords and promote and protect our members' interests to national and local government.

  • Network with top professionals
  • Get advice from experienced landlords
  • Learn how the Landlord and Tenant Board works
  • Meet our recommended partners
  • Take part in landlord activities, social events.
  • A chance to "get involved!"

Toronto Star – Join A Group Such As The Ontario Landlords Association To Avoid Bad Tenants

Toronto Star  Ontario Landlords Use Credit Checks To Avoid Bad Tenants

Toronto Star – “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.”

It’s a situation landlords all over face when renting out a property.

Everyone wants to rent to good tenants who pay the rent on time and respect you and your rental property.

Successful landlords rent to good tenants (and avoid the pro tenants out there who want to rip you off for thousands of dollars!)

This is especially important considering costs for landlords are rising and we can only raise the rent 1.6% in 2015.

Toronto Star Advice For Ontario Landlords 

There is an excellent column for landlords in the Toronto Star called “How Ontario landlords can avoid bad tenants.”

It’s written by Mark Weisleder who writes regularly for The Star.

Mr. Weisleder’s columns are very helpful for real estate investors and landlords and highly recommended.

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The Ontario Landlords Association is the Recognized Voice For Residential Landlords in Ontario

 

“The Ministry greatly values the role the Ontario Landlords Association and its members play in providing quality, affordable rental housing in Ontario and recognizes the OLA provides an important voice for small private residential landlords.”

Ontario Ministry of Municipal Affairs and Housing

 

University of Toronto: How Can Landlords Rent to Students In Ontario?

Toronto landlords rent to students

University of Toronto – More Top Tips of Ontario Landlords Who Want To Rent to Ontario Students

Our post last Spring advising Ontario landlords how to successfully rent to students led to hundreds of emails coming in.

Landlords across Ontario kept telling us how much they appreciated the advice presented by the helpful Manager of Rental Housing Service for the University of Toronto.

It looks like more investors are looking at renting to students as way to create a profitable rental business. We even had some Alberta landlords send some questions in.

One of the highlights of the mail was from a BC landlord. She wrote how the latest CBC News story on some “serial tenants” in British Columbia has led her to thinking of changing her rental business strategy to renting to students only and thanked us for the tips.

The manager is Jennifer Radley and the U of T is lucky to have such an helpful person who cares about student tenants and wants to help student landlords (because creating more educated and professional landlords helps students in the long run).

Here are more questions and answers from Jennifer to help landlords successfully rent to great student tenants.

1. Do students normally have guarantors who can sign the lease?

Not always, especially if they are international students.

Some students will obtain a letter from their Professor or Registrar confirming that they are a F/T student and most likely have the financial means to study/live at U of T.

2. Do students like furnished apartments (beds, tables, chairs, etc.)?And will they

    be willing to pay for the furnishings?

Yes, many students do like furnished apartments. The ideal situation is where furnishings is optional. Depending on how much extra, they could be willing to pay.

3. Most students are pretty young.  Is it worthwhile to do a tenant credit check on

    them before renting?”

We do recommend that landlords protect themselves, but many students may not have much of a credit history, so what you find out may be limited.

However, most students do have funding to cover the costs for their studies, including housing, which they may be able to provide you with evidence of, and may also be able to show they have been responsible in paying off their tuition and other fees to date.

4. How can I screen student tenants?

 We recommend treating a viewing like an interview – ask them questions about past tenancies (if applicable), their source(s) of funding (e.g. OSAP, grants, awards, employment income, etc.), how long they are here to study, etc. and also ask for references – past landlords, registrars, residence deans, etc.

5. Engineering students have a reputation as party animals who wreck their  

    residences.  Any truth to this in 2014?

Not in our experience – most of our residences actually have the opposite experience: Engineering students are so busy with their heavy workload, they do not do engage in enough social activities.

Most engineering students tell us they can only afford to do non-school related activities one night a week.

6. Is it true Masters & PhD students are better tenants compared to undergrads?

Not necessarily. U of T is a challenging school that attracts high caliber students for all its programs.

Most U of T students are hard workers who take their studies, and their financial commitments, very seriously.  

7. How can I explain to students I’m a good landlord who only wants rent paid on   

    time and won’t bother the students at all and will fix things?”

Tell them. Students are looking for honest, kind and hard-working landlords – similar to hat landlords look for in a tenant.

8. Should I hire a female property manager if all the tenants are female nursing

    students?”

 That is not required.

 9. Does the University of Toronto have a department to deal with tenant complaints?”

Yes, Housing Services! We have a formal complaints process for both landlords and student tenants.

Ontario Landlords – Do you want to rent to students?

Learn from the advice provided by the University of Toronto and become the type of landlord student tenants are looking for.

Ontario Rent Increase Guideline 2015

 Rent Increase Guideline 2015 Ontario

Ontario Landlords Can Raise the Rent 1.6% in 2015

With the cost of running a rental property rising Ontario landlords know raising rents to keep up with increasing expenses is important.

Each year the Ministry of Municipal Affairs and Housing announces what is called the ‘Rent Increase Guideline.’

What Is the Rent Increase Guideline?

This informs residential landlords how much they can raise the rent on tenants.

How Does It Inform Landlords on Raising the Rent?

It’s tells you what the cap is for any increases of rent on your tenants. You can’t raise the rent more than the cap unless you apply and get it approved at the Landlord and Tenant Board.

When Does The 1.6% Rent Increase Cap Start?

This will starting on January 1st, 2015 and end on December 31st, 2015.

How Was The Ontario Rent Increase Guideline for 2015 Calculated?

It’s calculated by measuring inflation.

This measurement comes from data provided by Statistics Canada which creates the Ontario Consumer Price Index.

An Increase of Only 1.6% Is Too Low! My Costs are Much Higher!

Many small residential landlords in Ontario agree with you.

The Ontario Consumer Price Index (CPI) upon which the Guideline is based does not include many inflation factors that small landlords face. The formula needs to change.

For example, BC landlords also have an annual rent increase guideline.

However, the government there understands the financial pressures landlords face and the limits of the basing the rent increase on CIP. This means they will take the CPI and also add another 2% to come up with British Columbia Rent Increase Guideline.

Some provinces encourage investment in residential rental properties by not even having this type of rent control.

Alberta landlords can raise the rent according to the market as long as they provide their tenants with proper notice.

Are All Ontario Residential Rental Properties Covered by Rent Control?

No. Some Ontario properties are exempt and don’t have to follow the cap. These are rental buildings built before November 1991.

But around 85% of rentals in Ontario are covered.

Rent Increase Guideline 2015 – With another low cap for rent increases it’s important Ontario Landlords choose good tenants for your rental properties.

Make sure you screen your tenants carefully and always run a tenant credit check to make sure you know who you are renting to.

Ontario Landlords – Nightmare tenant Nina Willis battling with new landlord over 7th eviction

 Ontario Landlords – Make Sure You Rent To Great Tenants (And Avoid Nightmare Tenants) With Good Tenant Screening, Including a Credit Check!

Ontario Landlords – Make Sure You Rent To Great Tenants (And Avoid Nightmare Tenants) With Good Tenant Screening, Including a Credit Check!

The story in the Toronto Star last Friday was shocking for many residential landlords across Ontario.

It was about a person the Toronto Star calls a “Tenant from Hell” who is facing being evicted from her Scarborough rental property.

It’s brought a lot of discussion at the Ontario Landlords forum.

Nina Willis is in the process of appealing a Landlord and Tenant Board decision ordering her to either pay rent on time or move out of the rental property she is staying in

The original Landlord and Tenant Board Order told her she had to move by March 2014.

However, she is “appealing” the Order which means she can delay the eviction (and avoid paying rent) for more months until she gets her say in the next court.

She has done this is each of her previous cases. It’s an easy way for tenants to continue to stay in a rental property and live “rent free” for months.

This isn’t the first time the Toronto Star has reported on this tenant and her tactics to rip off small landlords.

The Star says this is the 7th case of Nina Willis being evicted since 2005.

The Ontario Landlords association has also written about this “Tenant From Hell” in the past to warn landlords.

At least seven different landlords who have been cheated out of rent and dragged through the tribunal system. A system that can be expensive, time-consuming and extremely stressful.

Nina’s current Scarborough landlord won’t even talk to the media as they try to evict Nina from their rental property.

Why Do Landlords Rent To Bad Tenants?

No landlord wants to rent to bad tenants.

The worst tenants (meaning tenants who have a plan to rip off small landlords from Day 1 are often very crafty.

For example, Willis will do an Academy Award worthy performance when she first meets a potential landlord.

Bad tenants will be exceptionally friendly when they first meet you.

They will appear to be really “decent people” who will convince you they will pay rent on time and take care of your rental property like it is their own home.

It’s only when you rent to them that you begin to see their true face.

You won’t believe how they change as they accuse you of neglecting maintenance issues and even harassing them.

How Can I Find Good Tenants and Avoid the Bad Ones?

One of Nina’s former landlords is now an OLA member and is very careful to screen her tenants to avoid “tenants from hell.”

One of the best tenant screening tools is a credit check.

Check out the Ontario Landlord Credit Check site for more information on the importance of doing credit checks on tenants. This site was created to help Ontario landlords learn how to find good tenants and avoid tenants from Hell.

How Can a Tenant Credit Check Help Landlords?

Conducting a tenant credit check will give you the essential information you need to know about a potential renter before you rent to them.

This isn’t only important for Ontario landlords, but also key for Alberta landlords and British Columbia landlords who are also facing challenges.

How Can Tenant Credit Checks Help Me Avoid Tenants From Hell?

That’s an excellent question. After all, small landlords are often on tight budgets and conducting a credit check is an extra expense.

Let’s take a closer look at how a tenant credit check can help Ontario landlords find good tenants and avoid tenants from hell.

#1 Current and Past Addresses

A credit check from the Ontario Landlords Association will show you the current and past addresses of your potential tenant.

You don’t have to ‘trust’ what the tenant tells you. You can see the FACTS on the credit report.

You can then make sure you talk to the REAL current and previous landlords and learn the TRUTH about the tenant who wants to rent your rental property.

#2 Current and Past Employment

It’s very common for bad tenants to lie about their employment history.

They lie because they know landlords want to rent to tenants with stable jobs that provide enough income to cover the rent.

A tenant credit check from the Ontario Landlords Association will show you the REAL employment situation of the potential renter.

#3 Financial Responsibility

Bad tenants will smile and tell you they always pay their bills on time.

A tenant credit check will show you the TRUTH.

Do they pay their bills on time? Do they owe anyone money? Are there judgements against them? Are there any collection agencies after them?

Even British Columbia landlords are now recognizing the importance of credit checks as they face some serial bad tenants ripping off landlords in BC.

We often think of Alberta as the best place to own rental properties in Canada. Yet even Alberta landlords are conducting tenant credit checks to make sure they avoid pro tenants who can end up costing landlords tens of thousands of dollars.

How Can I Run a Credit Check On My Prospective Tenants?

In the past running a credit check was complicated and expensive.

Some of the landlord credit check companies out there add on all sorts of extra fees on you and have a complicated start up process.

As a small landlord, you want everything open and up-front.

You also want low fees and a fast and efficient system.

Join the Ontario Landlords Association

For only a one-time registration fee , Ontario landlords can get access to premium credit checks for only $10/check!

That’s right. No annual fee. Just a one-time registration fee.

You can then access premium credit checks foronly $10/check for credit checks that give you a credit score, addresses, employment and all the information you need to make a smart, informed decision on whether or not you will rent to a tenant.

You will even get a recommendation from the credit report.

Ontario Landlords – Bad Tenants Are Out There But You Can Protect Yourself!\

Become a Member of the Ontario Landlords Association and Get Premium Credit Checks For Only $10/check from your Home or Office Computer.

It Really Is the Landlord Deal of a Life Time!

Ontario Landlords Association Teams Up With the University of Toronto To Help You Find Tenants!

 May 1st, 2014

Ontario Landlords Association Teams Up With the University of Toronto

Ontario Landlords Association Members – Find Student Tenants By Advertising on the University of Toronto Housing Services Portal for a Discounted Member Price !

The University of Toronto is a world famous university with lots of international students.

We were fortunate to have Jennifer Radley, the manager of Housing Services for the University of Toronto, provide important tips and advice on how you can become a successful student landlord.

It was very helpful news for Ontario Landlords and must-see reading for anyone interested in renting to students.

You can read the article here: Top Tips for Renting to Students in Ontario.

Lots of Positive Feedback

We had a great amount of positive feedback after we posted the student landlord tips Jennifer provided.

A Toronto landlord wrote in:

“Read the OLA post with all the tips…thanks, it was helpful and I learned from it… Give Jennifer my thanks!”

There was a thankful email from an Ottawa landlord who feels more confident now:

“I’ve been thinking of becoming a landlord for the past few years but haven’t pulled the trigger because of all the ‘Tenant From Hell’ stories. 

I’m now more confident and will focus on renting to student tenants in Ottawa.”

We even had an Alberta Landlord email us this message:

“Good advice wherever you are. Make sure students know you are better than the rest and you care about them.”

The University of Toronto Teams Up With the Ontario Landlords Association

Housing Services for the University of Toronto is a portal for landlords to reach student tenants.

Here are some of the benefits for landlords to advertise at the University of Toronto portal:

Benefits:

#1  Lots of Student Visitors

15,000+ visitors each month, including U of T, George Brown, OCAD, and ESL students, as well as staff and faculty and students of other post-secondary institutions

#2  Pricing Options for Landlords

Various pricing options to meet your needs and save you money

#3  Insider Tips

Insider tips on topics such as creating a more attractive ad, average rental prices in your area, and current legislation

#4  Find Student Tenants for Electives and Sabbaticals

The best place to advertise housing for medical electives and sabbatical rentals

#5  Customer Service

Customer service available to help at (416) 978-8045

Features For Landlords With Ads at the University of Toronto Portal

There is a huge group of good tenants looking for good landlords renting out safe and well-maintained rental properties.

Here are some of the benefits of with the U of T:

Features:

-Create and maintain your own ad

-Online exposure 24/7

-Track how many times your ad has been viewed

-Include extensive details, and up to 10 photos

-Cost effective for landlords:

    • $39.99 for 6 weeks
    • $19.99 to renew
    • $149 for an annual ad (ideal for week-to-week rentals)
    • $349 for an annual multi-unit building ad

Discounts for OLA Members!

Members of the Ontario Landlords Association are fast gaining a reputation as a group of professional small landlords who understand and follow the Residential Tenancies Act and the Ontario Human Rights Code.

Tenants around Ontario know OLA members put our focus on renting out well-maintained and affordable properties.

Members who want to use the University of Toronto portal to find good student tenants will receive a 25% discount on advertising prices!

Ontario Landlords – Are You Thinking of Renting To Students?

Canada landlords from BC to Newfoundland are investing in student rental properties.

Become a Member of the Ontario Landlords Association and Receive a Big Discount To Advertise and Find Great Student Tenants For Your Toronto Rental Property.