What’s your greatest fear in becoming a revenue income landlord?
How landlords can avoid bad tenants
What about having to evict a tenant?
Landlords must carry out background checks on the people they let to, says Banny Bar ,Property Manager and Broker in Montreal. Nearly 40 per cent of Landlords had problems with bad tenants in 2012.
Picking the right tenant can save a long, costly eviction process further down the line.
Be thorough in conducting background checks and reference-gathering, including bank statements , previous landlord references to check the tenant paid rent on time and credit checks incorporating fraud indicators and employer references.
To reduce possible disputes over damage to the property, take a thorough inventory, with photos, at the start of the tenancy.
Make your life much easier, Higher a professional Broker to take care of all the necessary steps for you
Banny Bar,Your Trusted Real Estate Broker For Life