Information privacy is a hot-button issue that's taken centre stage in this new age of digitalization we find ourselves in. Despite efforts to regulate data privacy, 67% of Canadians still feel as though they have no control over their data privacy. This is especially significant in the rental industry, where both landlords and tenants typically need to provide personal details about their identity and income, among other things. That's why ...
Read More
Vancouver, BC is a truly spectacular place to call home. The city's unique proximity to both mountains and sea, its top-notch food scene, and cosmopolitan appeal make for an understandably competitive housing market and have led to the city having some of Canada's highest rental rates. With such a booming rental market, both landlords and renters need an apartment rental website that provides safety and security – not to mention ...
Read More
Every landlord and renter knows all too well that no rental unit can remain pristine forever. Over time, there's bound to be some damage to the suite from sustained use. If the damage is severe enough to impede enjoyment of the unit, or if it's caused by negligence on the part of the tenant, this can quickly become an issue for both parties. That's why most lease agreements set out ...
Read More
Tax season has a way of sneaking up on us each year, and it's never too soon to start thinking about how you're going to file your taxes. Claiming your rental income as a landlord is a must, but are you making the most of the various expenses and deductions Canadian landlords are eligible for? And what can Ontario landlords specifically do to prepare? We're liv.rent, and in this post ...
Read More
Pricing your rental unit correctly is key to attracting more leads and finding renters quickly. Landlords must take the time to figure out precisely how much they'll charge for rent before uploading or publishing their listing, by considering a host of key factors. Regardless of where in Canada your unit is located, you'll likely follow a similar process to determine the amount you'll be charging renters. In this post, we'll ...
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