Posts Tagged ‘ontario landlords’

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!

We Want Win-Win Business Relationships With Tenants

Wednesday, October 2nd, 2019

A Landlord Reveals Her Goals To Tenants

Dear Tenant,

I am an a person who invested in an Ontario property. This makes me an Ontario “landlord”. The term “landlord” has a lot of negativity. It brings back memories of British Lords with castles and ripping off working class people. 

That’s not me.  I work two jobs and have a mortgage. My one rental property is nicer than my own house I live in. My car has over 200,000 kms on it and is 12 years old.

So please call me an Ontario “housing provider” or an Ontario “resident who wants to be a great owner of a property people rent from me.”

This open letter to you is to share information so that we can be a team.

After all, you need me, and I need you. 

Let’s be partners in this venture, working together for both sides to succeed!

1. I am not getting rich on this venture.

In fact, for the first 12-18 months of me buying this property, I am going to lose money. Even then, this duplex/triplex that you are living in will net me approx $200-$300 per month after all expenses have been paid. Doing the math, I believe that works out to $2,400-$3,600 per year.

At some point in time, I hope that this property gains value, and I can sell it for more that I bought it. It’s a great concept that you could work towards in your lifetime – if you are so inclined.

Until then, you need a place to live, and I need a tenant.

2. Please take care of our property.

It’s your home, but it’s my house.

If I know that you will keep your home in decent condition, I will be much more motivated to ask you to help me pick out a colour next time I paint the walls, or replace the carpet.

Please don’t be a don’t be a bad tenant who thinks I’m some kind of super rich predator sucking you you dry and spending your rent on Ferrari’s and caviar.

3. I promise to respect you and your personal rights.

I will give you all the notice I can before I have to enter your apartment. After all, this is your home, but it’s my house. If I need to replace a toilet, or fix something, I will give you advanced notice.

I hope the respect will be mutual. After all, it’s the little things that count. If we can all get along, we will both enjoy working with each other. I am not here to mess with your life.

4. I was you once, perhaps you will be me one day.

I know what it’s like to rent. I know what it’s like to be a tenant. It’s actually a decent way to live.

I never worried about the roof, the plumbing, needing a new stove, or fridge, or even if the carpet was getting worn down and needed replacing.

I never worried if the city increased utilities, or taxes – I paid a flat rent, which can only increase by a very small amount each year. I let my landlord worry and take care of all of that.

You need me, and I need you. If neither one of us are jerks, this will work out just fine.

Sincerely,

Ms. Ontario Landlord

Discuss this at the Ontario Landlord forums

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

Monday, June 2nd, 2014

 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!

The Toronto Sun: Ontario Rent Hike Lowest in 35 Years

Thursday, January 6th, 2011

Ontario’s rent hike lowest in 35 years

By ANTONELLA ARTUSO, Queen’s Park Bureau Chief
Last Updated: January 2, 2011 5:20pm

Ontario rents will be allowed to edge up by only 0.7% in 2011.

It is the lowest increase in the 35-year history of the province’s rent guideline — the maximum annual rent increase allowable without seeking special approval from the Landlord and Tenant Board for a heftier hike.

“The McGuinty government is providing real protection for tenants by linking the rent increase guideline to the Ontario Consumer Price Index which prevents routine rent increases above the rate of inflation while ensuring landlords can recover increases in their costs,” said Liberal cabinet minister Jim Bradley.

Stuart Henderson, a moderator with the Ontario Landlords Association, which typically represents property owners with less than five units for rent, said the tiny increase has many of the group’s members wondering if they can afford to stay in the business.

“We’re the ones that are paying all these new costs — the price of gas, hydro, the HST — and then we kind of get kicked in the stomach with a 0.7% increase,” he said. “It leaves kind of the worst landlords in the market, people who are renting out fire traps, illegal places.”

The next provincial election will be held in October, and Henderson said the McGuinty government is clearly currying favour with tenants.

“It’s political opportunism,” he charged. “We feel that the McGuinty government is trying to protect against a backlash from tenants in Toronto.”

Geordie Dent, executive director of the Federation of Metro Tenants’ Associations, said landlords may be complaining now but they weren’t protesting when the province allowed yearly increases in the range of 5% in the 1990s.

The recession has been very hard on many tenants, and unemployment in Toronto continues to hover at about 10%, he said.

”It’s not renting out a movie at Blockbusters — it’s people’s housing,” Dent said. “Any increase right now during this difficult time is hard for any tenant.”

Also, Ontario does not have “real” rent control because the landlord is only obliged to follow the guideline for an existing tenant, he said.

“If you move into a unit, though, a landlord can charge you whatever he wants,” Dent said. “The last tenant could have been paying $500 a month and they can charge you $2,000.”

http://www.torontosun.com/news/canada/2011/01/02/16734661.html

Landlords get a bad deal when it comes to bad tenants

Wednesday, December 22nd, 2010

By Hugh Adami, Ottawa Citizen December 19, 2010

Why would anyone want to be a small landlord when there is little protection in Ontario from bad tenants?

Take Mike and Cathy Clarmo, who live in the Osgoode community of Edwards. The only way they could get a tenant to leave their rental property was with a cash payout of $3,000. And that was after 4½ years of watching the house’s resale value plummet because of their tenants’ neglect.

Their problems all started because the Clarmos couldn’t say no to an acquaintance who wanted to rent the three-bedroom bungalow they purchased in 2004. The Clarmos had just finished renovating the house when the man — a childhood friend of one of their sons — showed up at their doorstep in the spring of 2005. The couple had been planning to sell the property, which was just down the street from their home, and hoping for a $20,000-to-$25,000 profit to put toward retirement. Mike explained their plans, but the man persisted. He needed a place for his wife and children.

Mike said OK, figuring he would make some of the investment back in rent, and sell later, when the house was sure to be worth more.

Instead, cracks started appearing in their nest egg soon after the family moved in. “It broke our hearts to see the condition of the house deteriorate as it did,” says Cathy.

Probably the worst thing was that the house constantly reeked of animal urine.

The family had a dog, cat and rabbit. Drywall and floors were damaged. The garage was so cluttered that the couple was sure there was a fire risk.

Photos they took also show the front yard of the home littered with junk, including car parts such as engines and tires. The woman, who drove a school bus, damaged the eavestroughing after backing the vehicle into the house, Mike says. Rent was often late.

The Clarmos decided to sell the property after a business deal went sour. In April 2009, they gave the tenants more than two months of notice to vacate.

The tenants offered to buy the house “as is” for a reduced price. The Clarmos agreed. But the tenants couldn’t get a mortgage. The Clarmos abandoned their plan to sell after the husband approached Mike and tearfully told him he couldn’t find another house to rent.

A year later, they planned again to sell the house. But the husband, whose wife was no longer living with him, told Mike he was now well versed in tenants’ rights. He wasn’t going to move, and if Mike wanted to terminate the tenancy, he would have to go before the Landlord and Tenant Board.

Mike did so twice. He says he came away convinced that as the landlord, he was considered the bad guy.

At the first hearing, Mike spoke with a mediator, who suggested he allow his tenant to stay at the house rent-free for five months with the condition that he move by the end of this month. The man’s lawyer suggested that Mike could get him out by the end of October if he gave him a few thousand dollars on top of free rent for three months. Mike refused. He recalls the lawyer telling him that he would regret his decision as he was bound to lose the case.

Mike produced photos that he had taken of the house at the first hearing. The adjudicator joked about the one of the cluttered garage. “‘It looks like my garage,'” Mike recalls him saying. In his written decision, adjudicator Greg Joy dismisses or challenges every complaint made by the landlord.

The Clarmos found a prospective buyer for the home soon after and again applied to have the tenancy agreement terminated by Nov. 1, which was also the closing date of the sale.

The adjudicator in the second hearing reserved his decision, which allowed the tenant to stay put for at least the time being.

Mike’s lawyer suggested they give the tenant $2,000 to get out of the house. The tenant’s lawyer then came back with another figure — $3,000 — plus the demand that his client be allowed to stay until Nov. 15. Worried the board could rule in favour of the tenant and that the prospective buyers of the house would pull out of the deal, Mike agreed.

The former tenant would not return my calls.

The $3,000, which the couple feels was extortion, plus $1,400 in legal fees and $1,000 to refill the home’s oil tank are the smaller losses. The Clarmos did sell the house for $240,000 — about $25,000 more than what it cost them to buy and renovate the property in 2004. But the selling price was still a far cry from the $290,000 to $300,000 a real estate broker had told them the house would have been worth.

The Clarmos don’t know if they should be angrier with their tenants or the board.

They realize the board exists primarily to protect tenants, and with children, their tenant was bound to get even more sympathy. But, they say, their case illustrates the need for rules to protect the good landlords.

http://www.ottawacitizen.com/Landlords+deal+when+comes+tenants/4000351/story.html#ixzz18dUrkiwP