Rental price will vary on the location, property features, type, and amenities. This will vary as well on the landlord and current supply and demand of properties in a specific area.
If you need any help feel free to reach out for a FREE rental property analysis.
The basic landlord will ask the following questions:
Do you have a steady source of income? Have you been employed on a regular basis? Is your current income reliable?
Do you have a good record of paying bills?
Do you have money saved for first and last month’s rent?
Do you have a few outstanding debts? Like car payments?
If you answered “yes” to these questions, you are probably ready to rent that unit!
You should have basic criteria of the type of rental you would like to live in, but here are some extra things to consider:
Is there enough room for both my present and future needs?
Are there enough bedrooms and bathrooms?
Is the home structurally sound?
Do the mechanical systems and appliances work?
Is the yard big enough?
Do you like the floor plan?
Will your furniture fit in the space? Is there enough storage?
Take your time and think carefully about each unit you see. If you are unsure contact our leasing agents and have them help you through the process from a professional standpoint.
There isn’t a set number of units you should see, but there are steps to helping you narrow your choice. You should visit as many as you can, talk to the landlord until you feel comfortable with the unit for you. On average, renters will see about 5-10 properties before choosing one. Make sure there is clear communication on both parties to make sure there will be no hassles down the road.
We are in the process of creating the ultimate tenant guide for Ontario renters. The chapters we touch upon in the guide are: Finding your criteria, knowing your financials, and understanding the terms.
When leasing out your unit make sure you market to the right demographic. Units in certain parts of town will attract a certain type of tenant. Make sure you screen your tenant carefully, background checks, credit checks, social media, calling references, and create an accurate statement of the tenant financials. All of these factors are very important in considering who will be living in your property and what they will be doing.
If you need professional assistance or security in knowing you will rent to the right tenant please contact our leasing agent for more information on tenant screening.
As a landlord, you will have full control over your profile and the types of ads you are allowed to post. At the top right you have the option to log in or sign up and explore your dashboard. Once you have created an account you are then able to click your profile on the top right and click on the menu to submit a property. This will take you to your ad criteria. Make sure you take high-quality pictures and fill in as accurate information as possible to retain the best results.
Properties with high-quality pictures and accurate descriptions are 3x more likely to be responded too.