canada landlords header image 1

Welcome to the Canada Landlords Association Site!

October 21st, 2014 · Canada landlords, Canadian Landlords, Latest News

 Canadian landlords association networking, tips, credit checks

This site is designed to help landlords across Canada and be a top resource for landlords, investors and managers of rental housing.

Canadian landlords have a lot of wonderful opportunities. There are also a lot of challenges we face. This site is designed to provide important news, advice and information to Canadian landlords.

Whether you are a BC landlord who owns a single family home, an Alberta landlord with a duplex or an Ontario landlord who rents out hour basement to help cover the mortgage, the Canada Landlords Association site has you in mind and want to help you succeed.

Comments Off on Welcome to the Canada Landlords Association Site!Tags:·······

Canada Landlord Credit Checks

July 9th, 2016 · Canada landlords, Canadian Landlords, credit checks, Latest News

ola credit check 2

Canada Landlord Credit Checks – An Important Way To Find Great Tenants (and avoid the ‘professional tenants’ out there)

Many landlords all over Canada have seen some sort of news about bad tenants who ripped off a small residential landlord.

You might have seen a news segment on your local television station about a trashed rental property in your city or town. Or about sneaky tenants who manipulate the system to live rent free.

Some might even have friends or a co-worker with a story of a tenant who refused to pay rent for months on end leaving the landlord high and dry (and out thousands of dollars and maybe even forced to declare bankruptcy).

As we have written about before on the issue of Canada Credit Checks, experienced and successful Canadian landlords have learned some valuable lessons during their years of being landlords.

Valuable Landlord Lessons

When you see a successful landlord you might think they have a ‘magic wand.’

How else could they do what so many cannot: handle tenants in a country that is, in most cases, biased for tenants against landlords. The reality is these experienced and successful landlords have seen it all. They’ve been scarred, lost money, had sleepless nights, etc.

They have also learned some hard lessons.

Landlord Lesson 1 – Lots of Good Tenants Are Out There

The good news is most veteran landlords will agree that most of the tenants out there are good people and will be good tenants. This is especially the case in areas where property prices are rising and qualified tenants are deciding to rent instead of buying. They need a nice place to stay for a year or two or three to save up for a down payment on their own place.

Landlord Lesson 2 – And Bad Tenants (Sad, But True)

There are also a lot of bad tenants out there. And these bad tenants can lead to some really big challenges for small landlords. You see, while the large corporate landlords have hundreds of units, one or two trouble makers won’t hurt their bottom line. Unlike small landlords who rely on rent to pay their mortgage and not lose their house!

And the corporate landlords can easily afford to pay a lawyer to deal with any issues. Or they have their own legal team on staff and on a salary. It can be really tough for struggling small landlords to pay thousands of dollars to a lawyer or paralegal to evict a bad tenant.

For what bad tenants can do to a small landlord we only have to go see the Ontario Landlords Associate website where a small landlord was on the edge as tenants played the system.

Landlord Lesson 3 – Good People Can Go To the “Dark Side”

These ‘bad tenants’ might be good people in other aspects of life. However, when they see how vulnerable small landlords are and just how easy it is to rip them off and they can’t help themselves.

If you saw someone drop their wallet and jump into a taxi what would you do? Most of us would do our best to contact the person and return it….but if the person is gone and there is lots of money in the wallet some people will be tempted to keep it.

Landlord Lesson 4 – Tenant Screening is the Key To Success

Tenant Screening is the key to success as a landlord in Canada. Experienced and successful landlords know putting good tenants into your rental unit is the ‘engine’ that drives your rental business.

Landlord Lesson 5 – Credit Checks are the Most Important Tool for Landlords

Credit Checks are the most important tenant screening tool a landlord has. Not only do you see if someone is financially responsible, you can also see if their real employment history and if they owe anyone money.

Canada Landlords Association Success

Credit checks are the key to landlord success. It’s the only ‘real deal’ way we can see if the tenants are financially responsible or not.

As an Ontario Landlord wrote on the Ontario Landlords Association forum: “A credit check is a MUST! All the corporate landlords make this automatic, as part of their screening system. It’s a no brainer!”

Let hear from some experienced landlords on how important running credit checks are.

1. Alberta Landlord Credit Check

An Alberta landlord wrote in with a story of a really decent and trusting landlord with a great single family home for rent.

This Alberta landlord met with a nice younger couple with a child who wanted to rent the place. During their meeting and showing of the property this couple said the loved the property and wanted it. They explained that the local public school down the street was perfect for their daughter and they liked how safe the neighbourhood was.

This couple sounded like ideal tenants and their stories make perfect sense!

A few months later the landlord drove by the rental and saw police squad cars in front of it. The police had done a drug bust as the tenants didn’t actually have jobs and were using the property as a grow op!  The property was damaged and the situation was so stressful the landlord ended up selling the property and saying he would never be a landlord ever again.

No, he didn’t do a credit check. If he did he would have seen they owned lots of people money and their previous landlord addresses were fake.

2. BC Landlord Credit Check

An experienced BC landlord wrote us about how a credit check is far more than just a ‘score.’ For example, by seeing past addresses you can contact past landlords. And you know they are the ‘real’ past landlords and not friends acting as them (to trick you into renting to their pals who will rip you off).

3. Ontario Landlord Credit Check

A landlord from Ontario wrote this piece of advice he wants to give new landlords: “The best measure of future behaviour is past behaviour and a credit check is the way to measure this past behaviour.”

Canadian Landlords Make Sure Always Run a Credit Check On Prospective Tenants

Remember, you are running a business. And just like the largest companies out there are careful who they hire, you have to be careful who you put in your rental property.

Canada Credit Checks

A credit check is an important tool for small landlords to learn the truth about prospective tenants and make sure you know who you are renting to. For a small fee, you can earn large profits…and avoid costly evictions and even worse!

Comments Off on Canada Landlord Credit ChecksTags:···

Ontario Landlords Association: Change the Residential Tenancies Act!

January 20th, 2016 · Latest News, Ontario landlord, Ontario Landlords Association

Ontario Landlords Association Change the Residential Tenancies Act

According to Ontario Landlords Association Members It’s Time to Change the Residential Tenancies Act

There was a an important report for Ontario landlords in a report from one of the nations leading real estate publications. The report in Canadian Real Estate Wealth magazine was called ‘Time to Update the Landlord and Tenants Act?

Some municipal government want to change the laws to require residential landlords get a license in order to own and operate a rental property.

For example, there is an Ottawa councillor who wants to license all the small landlords who have rentals in an area that predominantly houses students. He says the area has experienced both pollution and noise complaints from neighbours and he believes a ‘landlord license’ would solve the problem.

How Would Landlord Licensing Solve Tenant Noise and Pollution Issues?

Some politicians, including this Ottawa councillor, want to put the burden of tenant behaviour on to the back of the landlord / property owner. If a neighbour complains about noise from a rental property the landlord will have to solve the issue or they will lose their license.

What Happens If a Landlord Loses Their License?

If they lose their landlord license they will not be able to rent out the property again. They will lose their ability to rent out the property.

Are Any Other Ontario Cities Thinking of Licensing Landlords?

Besides Ottawa, there have been moves to require small residential landlords to get a license in cities such as Windsor, Guelph, and Hamilton.

Do Any Ontario Cities Have Landlord Licensing Laws?

Yes. There are licensing schemes in Waterloos, Oshawa and London. In 2014 the city of Mississauga started charging landlords with basement suites $500 annually. If you own a duplex it’s $1000 per year to be legal and be allowed to run your rental business.

What About In Other Canadian Provinces?

The calls for this type of scheme are primarily in Ontario.

Alberta landlords have enough to worry about as the rental market has changed.

Ontario Landlords Association Advocates for Landlord Rights

The Canada Real Estate Wealth team reached out to Ontario Landlords Association (OLA) members for their opinions on the subject.

After all the Ontario Landlords Association is recognized by the Ministry of Municipal Affairs and Housing as an important voice for private small residential landlords in Ontario.

The OLA does not approve of landlord licensing. In large part this is because the idea of punishing landlords for their tenants’ behaviour is unreasonable and shows a lack of understanding of the Ontario Residential Tenancies Act. 

Residential Tenancies Act (Ontario) and Reality

The Ontario Landlords Association wants to change the Residential Tenancies Act (RTA). As of now it is not fair and balanced. Landlords don’t have enough power or legal rights, especially when tenants don’t pay rent, damage the unit, bother other tenants or bother neighbours.

If tenants make noise and the landlord tells them to quiet down under the RTA tenants can file against the landlord for ‘harassment.’

Landlord Licensing Hurts Good Landlords and Good Tenants

Good landlords don’t want to rent to tenants who cause problems for neighbours. The problem is if their tenants are doing this there is little the landlord can do about it.

Tenants in Ontario have the right to their ‘reasonable enjoyment’ and that means landlords must be careful to avoid being perceived to harass tenants or how they live their lives. Tenants don’t want, and won’t accept, landlords acting like their parents on issues such as noise.

Ontario Landlords Association: Change the Residential Tenancies Act

Small landlords need more power to maintain their rental properties. With more legal power, small landlords will be able to ensure their properties are well run and don’t bother others. This also helps good tenants because the landlord will be able to handle the ‘bad apple’ tenants who are causing issues for others in a quick and effective manner.

Landlord licensing is a simplistic non-solution that will only cause more problems.

Comments Off on Ontario Landlords Association: Change the Residential Tenancies Act!Tags:···

Review of Ontario Landlords Association: Membership Is Highly Recommended

May 23rd, 2015 · Latest News, Review of Ontario Landlords Association

 Ontario Landlords Association Review Recommended

Ontario Landlords Association Membership is Highly Recommended For Ontario Landlords and Investors

Ontario real estate has taken off in 2015. Prices are growing fast, especially in the Toronto and Greater Toronto Area (GTA). 

With such excitement from both local and international investors there has been an increase in the number of rental properties in Ontario, and that means an increase in the number of residential landlords.

Challenges and Opportunities for Ontario Landlords and those Investing In Ontario Rental Properties

Ontario has a lot of advantages for landlords and property investors.

For example, there is a lot of net migration into the province in 2015. This begins with a large number of immigrants choosing Ontario as their new home. This particularly applies to Toronto and the Greater Toronto Area, such as Markham, Mississauga and prestigious areas such as Aurora and Newmarket.

Another advantage is the diverse economy in Ontario. Unlike Alberta which relies heavily on the oil and gas markets, Ontario has a large number of strong economic pillars. These run from banking to telecommunications to auto manufacturing and beyond.

Dangers for Ontario Landlords

By far the biggest downside for Ontario landlords and investors is the current Residential Tenancies Act.

This challenge is multiplied by the controversial and often criticized Ontario Landlord and Tenant Board which is viewed by many Ontario landlords as unfair and hugely biased in favour of protecting bad tenants.

In fact, many landlords who have been through the eviction process at the Landlord and Tenant Board believe the government has purposely made it extremely difficult to evict even tenants who haven’t paid rent for 1.5 years difficult because they want to download these bad tenants from government housing onto the backs of private small residential landlords.

Examples of ‘pro’ tenants manipulating the system are numerous. These include tenants who have refused to pay rent for years and have bankrupted landlords who rented to them.

Ontario Landlords Association Membership Is Recommended

There are only two major landlord associations in Ontario. One, FRPO caters to the large corporate landlords and seems to be associated with large corporate landlords and suppliers to large corporate landlords. The other major landlord association is the Ontario Landlords Association.

Why The Ontario Landlords is Recommended

This group offers the best value for landlords and residential property investors in Ontario.

1. Ontario Landlords Rental Kit

Get documents that protect you at the Landlord and Tenant Board at Ontario Small Claims Court

2. Advice and Assistance

Learn from successful and experienced landlords who have already been through any situation you might face.

3. Landlord and Tenant Board Help

Do you have to go to the LTB? Learn how to prepare and how to win!

4. Educational CDs and Ontario Landlord Manuals

Learn how to become a successful Ontario landlord.

5. Credit Checks

Run premium credit checks for a hugely discounted OLA member price.

Review of The Ontario Landlords Association

Membership with the Ontario Landlords Association is highly Recommended.

There is nothing better in the marketplace. The credit check discount alone is worth the one-time membership fee.Go check it out yourself.

Landlords, join the Ontario Landlords Association for a low one-time fee and become a successful landlord!

Comments Off on Review of Ontario Landlords Association: Membership Is Highly RecommendedTags:···

Canada Rent Increase Guide – How Much Can Landlords Across Canada Raise the Rent in 2015?

January 18th, 2015 · Alberta Landlords, BC Landlords, Ontario landlords, Rent Increase Guideline 2015

 Canada Rent Increase Guide  How Much Can Landlords Across Canada Raise the Rent in 2015

Are you going to raise the rent on your tenants this year?

2015 looks to be a good year for Canadian landlords. With the economy strong in most areas, people are getting jobs and looking to live in high quality rental properties.

Many Canadian landlords are going to raise the rent in 2015. Did you know rent controls differ from province to province? Yes, it’s true. There is no nation-wide policy.

So to help you know how much you can raise the rent we have prepared a helpful list with links to your provincial regulatory bodies.

1. Ontario Landlords Can Raise the Rent 1.6% in 2015

The Ontario 2015 rent increase is 1.6% You can get more information here.

Please note that there are exemptions to the Ontario Rent Increase Guideline. For example if your property was built after 1991 you can raise the rent as high as you want as long you provide proper notice. Here are the rules for properties that may be exempt:

The Ontario Residential Tenancies Act and the rent increase guideline doesn’t apply to landlords if you meet the following criteria:

The provisions of the RTA that deal with the maximum amount by which rents can be increased do not apply with respect to a rental unit if:

#1 It was not occupied for any purpose before June 17, 1998

– meaning it is either in a new building (often a condominium building) built since 1998, or an older building with a new unit or never occupied, residentially or otherwise, before June 17, 1998;

#2 It is a rental unit no part of which has been previously rented since July 29, 1975

– meaning only the owner has used or occupied the unit since 1975; or

#3 No part of the building, mobile home park or land lease community was

occupied for residential purposes before November 1, 1991

– meaning the building was probably commercially used before 1991 and then was converted to residential use.

2. BC Landlords Can Raise the Rent in 2015 up to 2.5%

British Columbia’s rent increase guideline for 2015 is 2.5%.

The percentage is based on inflation plus two per cent. While the yearly rental increase cap is meant to be the maximum amount rents can go up, most landlords usually opt to raise rents by the full rate.

A 2.5 per cent increase means rent on a $1,000-per month one bedroom apartment will go up by 25 dollars a month, or $300 a year.

You can get more information here.

3. Alberta Landlords Are Special

There are no controls on the amount of a rent increase for Alberta Landlords, but it can only be increased if there has not been a rent increase within the previous 365 days or since the start of the tenancy, whichever is later.

Before the rent can be increased the landlord must give written notice in advance. The specific time-frame is dependent on the term of the tenancy:

weekly: 12 full tenancy weeks

monthly: 3 full tenancy months

any other periodic tenancy: 90 days

A notice of increase in rent must indicate the date on which the increase is to be effective and must be dated and signed by the landlord.

4. Quebec Landlords Face Specific Rules

In Quebec, some specific rules apply to residential rent increases. For leases longer than 12 months, the landlord and the tenant are free to adjust the rent during the course of the lease. If the duration of the lease is 12 months or less, the rent may not be increased during the course of the lease. There is no cap on rent increases or fixed rates of increase however the tenant must be given proper notice in writing. Read about it here.

5. Manitoba Landlords Rent Increase

In Manitoba, the allowable rent increase for 2014 is 2.4%.

The rent guideline applies to most residential rental properties, including apartments, single rooms, houses and duplexes.

It does not apply to units renting for $1,435 or more per month as of Dec. 31, 2014; personal care homes; non-profit housing with subsidized rent; approved rehabilitated rental units; and new buildings that are less than 15 years old, where an occupancy permit was first issued or a unit first occupied after April 9, 2001, or less than 20 years old, where an occupancy permit was first issued or a unit first occupied after March 7, 2005.

Read more about it here.

Are You Going To Raise the Rent In 2015?

If you are make sure you follow the rules of your province carefully.

Landlords across Canada, how much will you raise the rent in 2015?

Comments Off on Canada Rent Increase Guide – How Much Can Landlords Across Canada Raise the Rent in 2015?Tags:····

What is Rent Control and What Does It Mean for Canadian Landlords?

October 20th, 2014 · Rent control

 What is Rent Control and What Does It Mean for Canadian Landlords

Mayor Of Calgary Claims Alberta Landlords Are Raising Rents Too Fast and Too High. Does This Mean Rental Control is Coming To Alberta?

Most provinces in Canada have what is called ‘rent control.’ Rent control means the government controls how much landlords can raise the rent. This can happen in many different scenarios.

One such way government control how much landlords can raise the rent is called “vacancy control.” Vacancy control means when a tenant moves out a landlord can only increase the rent by a government approved percentage for the next tenant who moves in.

Vacancy control existed in Ontario until the mid-1990s. Many landlords (both large corporations and small ‘mom and pop’ landlords) complained it didn’t allow landlords to cover their increasing costs and they were stuck with one basic rent charge for years on end.

A more common form of rent control in Canada is an annual increase guideline. This means the provincial government will announce how much landlords can raise the rents on tenants each year they live in the rental property.

This type of system exists in British Columbia. For example, BC landlords can only raise the rent on existing tenants by 2.2% in 2014.

What is Rent Control and What Does It Mean for Canadian Landlords?

In Ontario there is a Rent Increase Guideline system of rent control but it’s a bit more complicated. Residential units built prior to 1991 can only raise the rent by 0.8% in 2014.

However, if your rental property was built after November 1991 landlords are not subject to rent control. landlords owning these types of rental properties can raise the rent as much as they want to as long as they provide proper notice to their tenants.

Calgary Mayor Says Calgary Landlords Are Gouging Tenants

One province that doesn’t have rent control is Alberta. This means Alberta landlords can raise the rent according to supply and demand and market rates. This has some people upset and wanting to change things.

One of those people who wants things to change in Alberta is Calgary Mayor Naheed Nenshi. There was a story by CBC news that had a lot of Alberta landlords shaking their heads.

In the interview on the CBC Nenshi claimed many landlords are treating their rental properties as “get rich quick schemes” and ripping off renters with huge rent increases.

He went on to say that he was a landlord himself and hasn’t raised the rent in over 4 years. He said landlords who raise the rent are gouging their tenants instead of doing what he says they should be doing – only seeking a decent return on their investment.

Nenshi added Calgary landlords are raising rents when their mortgages and energy costs haven’t gone up and shamed landlords who aren’t running their rental businesses the same as he does.

Alberta doesn’t have rent control

Lots of landlords were outraged by Nenshi’s comments. They know that while the economy is now good, it’s wasn’t so long ago and Alberta landlords know the importance of tenant screening and renting to good tenants.

Experienced and successful landlords know raising the rent by a crazy amount will lead to tenants moving. Landlords will then need to pay money to advertise their rental unit, pay for credit checks, and spend lots of time for tenant screening.

Canadian Landlords And Rent Control

Investing in rental properties in Canada is a political hot potato. It’s so easy for politicians like Calgary Mayor Nenshi to attack hard-working small landlords for political gains…after all there are more tenant voters than landlord voters.

Alberta is a province that allows landlords to raise the rent without the government being involved. This means it is an attractive place to invest in rental property.

Comments Off on What is Rent Control and What Does It Mean for Canadian Landlords?Tags:····

Canadian Landlord Associations

October 1st, 2014 · Alberta Landlords Association, BC Landlords Association, Landlords Association, Latest News, Manitoba Landlords Association, Ontario Landlords Association

 Canadian landlords associations credit check

Make Sure You Join A Helpful Canadian Landlords Association To Network With Experienced Landlords, Get Rental Kits, and Get Access to Premium Credit Checks

If you are thinking of becoming a Canadian landlord it’s important you become a member of a landlord association to help you succeed.

According to the Canada Mortgage and Housing Corporations (CMHC) each province and territory in Canada has their own rules and laws for landlords and tenants.

For example, BC landlords can charge a pet and damage deposit on tenants.

Meanwhile, Quebec and Ontario landlords aren’t allowed to do this.

It’s important for new landlords and investors to learn how things work in the province you are investing in.

How Can I Join A Landlord Association?

It’s easy, but you need to make sure you join an association that truly helps landlords. There are a lot of so-called associations that charge high annual fees that don’t offer the services small residential landlords need to make sure you rent to good tenants and succeed!

#1 If you are an Ontario Landlord we recommend you join the Ontario Landlords Association

The Ontario Landlords Association is the premier landlord association for residential landlords and helps Ontario landlords succeed.

Even the number one newspaper in Canada recommended landlords to join the Ontario Landlords Association.

Here is the Toronto Star recommending landlord join the Ontario Landlords Association and start running credit checks on tenants for as low as $10/check.

#2 BC Landlords you should join the BC Landlords Association.

You can join the BC Landlords Association for only a low one-time fee and get access to the BC Landlord Rental Kits and premium credit checks.

That’s right, all this for a one time registration fee.

Compare this to other organizations which charge set up fee of up to $50 and annual fee of up to $150 per year plus extra annual fees for how many properties you own!

The BC Landlords Association is simply the best affordable for small British Columbia landlords.

#3 Do you own rentals in Alberta? If so make sure you join the Alberta Landlords Association.

You get access to the Alberta Landlord Rental Kit and Premium TVS Credit Checks for only $10 per check.

#4 Manitoba landlords are facing a low rent increase guideline of only 2.4% in 2015.

This means it’s more important than ever to screen your tenants carefully. You can join the Manitoba Landlords Association for only a one time fee of $99 and start running TVS credit checks for only $10 per check!

Canadian Landlord Associations

It’s important for new landlords to join a landlords association.

It is also important you join the RIGHT landlord association that is run by successful landlords and only need you to pay a one-time registration fee to get access to terrific services!

Comments Off on Canadian Landlord AssociationsTags:·········

Canadian Landlord Rental Kit (Leases, Applications, Notices and More)

September 1st, 2014 · Alberta Landlords Association, BC Landlords Association, Canada lease, Canadian Rental Kit, Latest News, Manitoba Landlords Association, Ontario Landlords Association

Canadian landlords Leases and Rental Kit

Leases and Rental Kit for Canadian Landlords. Get All The Documents You Need Including Leases, Applications, Notices and More!

More Canadian landlords are realizing the importance of screening tenants carefully before renting to them. They also know the importance of using property leases, applications and notices in a Rental Kit.

Good screening is a key to having a profitable rental business. This means including running tenant credit checks to make sure you know who you are renting to avoid bad tenants.

Successful Canadian Landlords realize they are running a business and this means you have to take it seriously in order to be successful.

Leases and Rental Kits

Along with good tenant screening including tenant credit checks successful landlords make sure they use the right documents to protect themselves.

The most common documents landlords use are a applications, a lease, and notices.

Where Can I Get Leases and a Rental Kit?

It’s very important to get premium documents and they are available to landlords across Canada. Using property leases, applications and other notices shows renters you are professional landlord and you take your the success of your rental business seriously.

#1 Ontario landlords can get leases, applications and other premium documents by becoming a member of the Ontario Landlords Association.

Information on the information you need from tenants and answers to other landlord question can can be found here.

#2 British Columbia landlords in need of an on-line rental kit that offers excellent documents can join the BC Landlords Association.

Once you are a member you get 24/7 access to the documents you need.

To get more information on the rules for BC landlords go here.

#3 Alberta landlords need to get your own personal Rental Kit.  Join the Alberta Landlords Association for a low one- time registration fee gets you access to premium credit checks and the Alberta Landlord Kit.

For more information to help Alberta landlords deal with your tenants click here.

#4 Manitoba landlords know the important of using good documents to protect yourselves from bad tenants. Membership with the Manitoba Landlords Association is an easy way to access the Manitoba Rental Kit where you can download documents at any time. For more information for Manitoba landlords click here.

Why Is Access To the Rental Kit Important?

One of the most important reasons why small landlords need to use professional documents when renting to tenants is in case anything goes wrong.

If you have to go to the Ontario Landlord and Tenant Board or if you are an Alberta landlord who has to go to the Residential Tenancy Dispute Resolution Service (RTDRS) you need to present your documents to the judge.

The more professional your documents the better chance you have to win your dispute.

Canadian Landlords – Rental Kit

Landlords across Canada know the value of investing in rental income properties.

Protect yourself by making you use the best leases and other rental documents out there by joining your provincial landlords association.

Comments Off on Canadian Landlord Rental Kit (Leases, Applications, Notices and More)Tags:·······

BC Landlords Association Review

August 2nd, 2014 · BC Landlords Association Review, Landlord BC

 BC Landlords Association Review

Are you thinking of investing in British Columbia? Make sure you join the BC Landlords Association for a one-time fee and get credit checks and the BC landlord Rental Kit!

Many investors view becoming a BC landlord as a sure path to success.

And why not?

Property prices are rising in British Columbia and Vancouver was rated by as one of the best cities in the world to live in.

Huge Competition For Renters To Find a Rental Property

According to The Columbian the rental market is tight and tenants are spending months looking for good rental properties in BC.

One tenant named Jacinta Cox has spent nearly three months trying to find a new place. She has to move because her landlord is selling her rental home.

She saw a nice BC rental property advertised on Craigslist and called the landlord fast! She was told that even though she called as soon she saw the place advertised there were already over 70 calls and the place was rented out!

She says there is so much competition in finding a property it’s like playing the lottery and hoping she wins.

CMHC: British Columbia Vacancy Rates Are Dropping in 2014

Vacancy rates are dropping in British Columbia in 2014 compared to the year before.

According to the Canada Mortgage and Housing Corporation (CMHC) the apartment vacancy rate is down to only 2.4% in 2014 compared to 3.5% in 2013.

This means more tenants are looking for rental properties.

BC One Bedroom Apartments

In British Columbia one bedroom apartments make up half of all rental properties.

The vacancy rate for 1 bedroom apartments was only 2.2% in 2014 compared to 3.3% in 2013!

Beware of Bad Tenants

While there are lots of good tenants in BC there are also a large percentage of bad tenants out there.

Take a look at to read about a couple of serial bad tenants who have ripped over 8 landlords in only 2 years!

These bad tenants know how to play the government system and take advantage of small landlords who aren’t careful and who don’t conduct proper tenant screening, including tenant credit checks.

BC Landlords Association Review

It’s very important Canada landlords join a good landlord association to help them succeed.

For example, we recommend Ontario Landlords join the Ontario Landlords Association.

And Alberta landlords can get the tools and services you need for success by joining the Alberta landlords association.

How Can BC Landlords Succeed?

We strongly recommend British Columbia landlords to join the BC Landlords Association.

For only a low one time registration fee BC landlords can get a lot of amazing services.

There are some other groups out there who charge high annual fees and even want you to believe they will give you legal help if you become a member (which they cannot do under BC laws) and in reality offer small landlords very little help for your annual fee (that pays for the salaries of their employees!) Smart BC Landlords don’t pay to support employee salaries!

Here’s only some of what you get when you join the BC Landlords Association for a one time registration fee –

1. BC Landlord Rental Kit

You get access to premium documents such as leases and application in the BC Landlord Kit.

2. BC Landlord Networking

You can also network with other successful landlords and property managers in BC and across Canada.

3. BC Landlord Premium Credit Checks

You can start running premium tenant credit checks to make sure you rent to good tenants.

4. Partners With Equifax

Equifax is a leading financial security company and a world leader in detecting financial fraud.

Equifax has partnered with the BC Landlords Association.

5. Recognized by the British Columbia Government

The provincial government recommends the BC Landlords Association as a place for small residential landlords to get advice and assistance.

Joining the BC Landlords Association Is A Must For a BC Landlord!

For only a low one time fee you get everything you need to become a successful BC Landlord.

Comments Off on BC Landlords Association ReviewTags:···

Canada Landlords – How Can I Run a Legal Credit Check On A Tenant?

July 4th, 2014 · Alberta Landlords Association, BC Landlords Association, credit checks, Equifax, Ontario Landlords Association, Tenant credit check

 Tenant Credit Checks Equifax Canada Landlords

Canada Landlords – Run credit checks the right way! You can’t run credit checks on your tenants using a mortgage agent, car dealer, real estate agent or you can get into trouble.

You need to use a verified company such as TVS or GARDA to run tenant credit checks.

Landlords across Canada are waking up to find lots of tenant from hell stories in the local news. It’s a real wake-up call and a warning for landlords to take tenant screening seriously.

British Columbia

BC landlords are waking up to stories about serial bad tenants who have ripped off six landlords in only the past two years. They move in and simply don’t pay rent.

Alberta Landlords

Alberta landlords are still in shock after reading about a landlord who did employment checks and reference checks but it wasn’t enough as he is now out hundreds of thousands of dollars after the tenants started a marijuana grow-op.

Ontario Landlords

According to a report in the Toronto Star a woman called the Toronto tenant from hell is now in the middle of her 7th eviction.

Tenant Credit Checks

One of the landlord lessons to be learned from these three stories are in each case the landlords didn’t run a credit check on the tenant to verify their stories.

Rules of Running Tenant Credit Checks

Now many landlords are aware of the importance of tenant credit checks. But the problem is many small landlords don’t know the rules for running credit checks on tenants.

How Do I Run a Credit Check on Tenants?

To run a credit check on tenants you have to use an approved tenant credit check company.

The Ontario Landlords Association has a great interview with Equifax on the rules for landlords.

#1 Can My Friend Who Is a Mortgage Agent, Real Estate Agent or Car Dealer Run Tenant Credit Checks for Me?



Given the nature of the existing credit reporting/privacy legislation and the terms of use (agreement) by the Equifax member, the consumer can report this type of unacceptable activity to the Ministry of Consumer Services, who will then investigate.

Any inappropriate use or breach of contract could lead to termination of membership with Equifax.

#2 What If I Have a Waiver on my Lease To Run Credit Checks By A Third Party?

I have a waiver on my application form saying I will use a “third party” to obtain credit data on a potential tenant (I don’t say who will do the check, only that it will be a third party).

I then contact a friend who is a mortgage agent, Realtor, insurance broker, someone who works at a car dealership, etc. to do the credit check on the potential tenant for me. 

I wonder if the waiver clause allows them to use a ‘friend’ is okay.


The service agreement signed by EACH of our members clearly articulates that they will not “share” a credit file with another entity: the credit file is for their exclusive use ONLY.

Any entity that does share is in violation of this agreement.

#3 What Can Tenants Do If a Landlord Runs an Unauthorized Tenant Credit Check?

Some tenants complain they have a ‘credit hit’ on their credit reports from mortgage agents, insurance agents, etc. which they never agreed to (as they only wanted to rent an apartment). 

How can tenants get these unauthorized credit hits off their records?


Due to privacy legislation, once Equifax delivers a file to a member, we MUST post an inquiry (by law).

As such, we do not remove these inquiries as they are factual and the consumer has a legal right to know their file has been disclosed.

#4 What Actions Can Tenants Take for Unauthorized Credit Checks?

Some tenants who have credit hits from people they never authorized have asked if they should contact the Ministry of Consumer Services to make formal complaints that their credit data was obtained fraudulently. They would like advice on this.


Yes, they should contact the Ministry of Consumer Services who will launch an investigation.

They can reach also reach Equifax directly at the following telephone numbers to lodge a complaint and we will do an investigation:

English: 1-866-828-5961

French: 1-877-323-2598

Canada Landlords – Run Tenant Credit Checks The Right Way!

You can join the Ontario Landlords Association, the BC Landlords Association or the Alberta Landlords Association and start running legal tenant credit checks for only $10 per check.

→ 3,649 CommentsTags:···