Archive for the ‘Ontario landlord credit checks’ Category

Become An OLA Member And Begin Running TVS Credit Checks For Only $10/Check!

Monday, May 23rd, 2022

Join the Ontario Landlords Association for a One-Time Registration Fee & Start Running TVS Credit Checks For for Only $10.00/Check.

A Huge Savings For Our Community Members!

Members of the Ontario Landlords Association follow the rules and work hard for win-win landlord-tenant relationships. Unlike other groups we stress the need for lawful tenant screening and have never had a bad tenant list. Landlords need to screen each applicant based on legal screening measures. The good news is you can run credit checks.

But not all credit checks are created equal.

There have been many opportunistic ‘start-ups’ who aren’t landlords offering services that are unstable and not what you want to use for your long term rental business success.

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.”

The Ontario Landlords Association is honoured to recommend our members to TVS – Tenant Verification Service Inc. For Big Discounts For Great Checks In North America

Tenant screening helps minimize the risk of renting to high-risk tenants and reduces the risk of rental income loss. This helps protect your rental investment.

TVS is a premier nationwide tenant screening service that offers a fast and efficient tenant screening service. We can:

  • provide a full credit report from Equifax
  • provide a background criminal check
  • safeguard your rental investment
Whether you are looking for a complete credit evaluation or comprehensive tenant screening, TVS provides 24/7 online access to a variety of consumer reports to meet your specific needs.
Credit reports provide valuable financial information and are great tools to evaluate your applicant’s payment habits and overall credit health.
TVS Criminal reports provide important insights that ensure you’re making better decisions on prospective tenants. Our background checks are essential tools to ensure a safer community and a protected property.

A consumer credit report can provide you with an overview of your applicant’s financial health.  You can see if they have overdue accounts, how much credit they have utilized and their history of payments.  This will help you to determine if they take their financial responsibilities seriously which is an indication of how they might treat their rental payments.

As a member of the Ontario Landlord Association, you pay only $10.00 for an Equifax Consumer Credit Report.

Run TVS Credit Checks For Success

All information received in the background investigation process will be remained by confidential, secured files with restricted access to only those who a need to know.

TVS credit checks give you tremendous information to allow you to make the right decision.

Take Control Of Your Rental Business and Succeed!

Tenants respect landlords who are professional and use the best services. They feel confident in you and will rent from you over other landlords who are not as professional.

A TVS report give you all the information you need to choose the best tenants for your property.

Non-Member Price: $21.58

OLA Members Price: $10.00 per check 

Become an OLA member for a one time community fee just to help us cover our costs and the savings is incredible when you run a premium credit check on your potential tenants with TVS!

How Much Can Ontario Landlords Raise The Rent in 2022? Only 1.2%

Friday, April 1st, 2022

According to the guideline Ontario landlords can only raise the rent by is 1.2 per cent in 2022

Did you know the Ontario government caps how much private Ontario landlords can raise the rent each year?

But It’s My Private Property, How Can That Be True?

Yes, it’s true.

It’s your property that you paid for, that is yours but you are not free to raise rents on your tenants without government interference.

The rent increase guideline is the maximum most landlords can raise a tenant’s rent without the approval of the Landlord and Tenant Board (LTB). It is applicable to most rent increases between January 1 and December 31, 2022.

Alert For Small Ontario Landlords: The Increase Is Not Automatic

Rent increases are not automatic or mandatory. Landlords may only raise rent if they gave tenants at least 90 days written notice using the correct form. In most cases, the rent increase cannot be more than the rent increase guideline.

In addition, at least 12 months must have passed since the first day of the tenancy or the last rent increase. If a tenant believes they have received an improper rent increase, they may dispute it at the LTB within 12 months.

What Does the OLA Say About This?

Our most experienced and successful Ontario Landlord Association Members have been clear about this for over a decade.

With low annual rent increase rules, it’s important that Ontario landlords make sure they raise the rent each year according to the guideline.

We also want the government to allow landlords and tenants to freely negotiate rents between leases without government interference (and get rid of government “allowable rent increases” that are far below inflation and our costs.)