Tenant screening is one of the hardest aspects of every landlord's job. How can you be certain that the person you're renting to is qualified? That they won't cause problems down the line? Having a rock-solid tenant screening process in place can help eliminate this potentially troublesome variable and guarantee a peaceful and profitable tenancy. In this post, we're going to be hearing from some of our liv.rent landlords on ...
Read More
An effective rental ad is a key part of finding quality tenants fast. The right listing will highlight key details of your unit in a way that piques renters' interest and encourages them to get in touch and apply. Many landlords underestimate the importance of creating attractive rental ads, and later wonder why they're not getting the number of leads they'd hoped for. In this step-by-step guide, we'll be walking ...
Read More
No landlord wants their unit to sit empty for long. Even with a month's notice or the expected end of a fixed-term lease, finding quality tenants in time to fill vacancies can be an arduous process. To counter this, we've made this guide to help landlords prepare for the listing or re-listing process and find suitable renters faster. We'll be going over how to research and create effective advertising that ...
Read More
The last thing any landlord wants is an irresponsible tenant. Choosing the wrong renter can result in late or non-existent rent payments, damage to your unit, angry neighbours, or worse — eviction. Having a rock-solid tenant screening process in place is the most effective way for landlords to counter these problems before they arise. So, what can you do to streamline and improve the effectiveness of your screening strategies? ...
Read More
Lease addendums are an invaluable tool for landlords looking to solidify the terms of their rental agreement and head off potential problems during a tenancy. In Part 1, we gave an overview of what exactly lease addendums are and how you can incorporate them into your rental process. Now, let's dive a bit deeper. In this article, we'll give you a closer look at some of the different types of ...
Read More
Standard tenancy agreements aren't always exhaustive. There could be any number of reasons a landlord may want to modify or add to a lease, including specifying terms related to pets, smoking, insurance, or rent payment. This is where a lease addendum comes in handy. Experienced landlords almost always include addenda alongside the lease agreement, to ensure they're completely covered for all eventualities. It's hugely important to lay out all of the ...
Read More
The overall rental average has risen slightly to a yearly high of $1,233. The average price difference between furnished and unfurnished units has grown to $264. Westmount now holds the highest average price for both furnished and unfurnished three-bedrooms, at $2,952 and $2,523, respectively. Moving into October, rent prices in Montreal have seemingly broken out of the yo-yo pattern established over the last six months, and appear to be moving towards ...
Read More
Rent for unfurnished one-bedrooms in West Vancouver went up 14.53%. Young renters (Under 25) now make up liv.rent's biggest demographic The average difference in cost for a furnished 1 bedroom suite vs. an unfurnished listing is now $172. Last month's sharp increase in rental prices seems to have largely held in most areas, with October seeing few significant fluctuations in price. The largest changes are in West Vancouver, where furnished units fell ...
Read More
Average rent for furnished one-bedrooms in Mississauga is down 16.03% from September to October. Brampton offers the cheapest average rent for everything, but unfurnished 3 bedroom units. Furnished units in Toronto are now $1 cheaper on average than unfurnished units. The slight upward trend in September's rent averages seems to have been an anomaly, as rent in the Greater Toronto Area has once again fallen to its August levels. Overall, there was ...
Read More
For many newcomers, finding a place to rent in Canada can be a daunting task. Instead of trying to secure a rental right after you land, a better option is to secure a home before arriving in Canada. In this article, we'll show you how to secure a place in Canada from abroad by doing everything online — search, apply, view, sign and pay. How to search online for a home to ...
Read More