Just keep a rental application form ..its a standard form ..just like big rental buildings keep. Google the form or visit the websites of various rentals to see those forms. Whatever procedure big rental bldgs and condos follow, do the EXACT sane thing for your basement and you will be fine
Ask people to fill up the form and tell them you will get back to them and NOTHING will be decided on the spot.
Tell them you will consult your real eastate lawyer before making any decision..even if you don't have a lawyer, this will scare brokeass bad people :grin:
Then throw the forms of undesirable people in garbage.
In the ad itself say :
1. 12 post dated cheques required. ( maybe 10 , as first and last month will be by certified cheque ONLY )
2. First and Last month rent will be by certified cheque only.
3. 2 pieces of Photo Id required.
4. SIN card required.
5. Thorough credit check and background check will be done.
6. Professional work/job references required..NOT personal references.
7. Previous landlord references and history will be checked.
8. NO smoking and NO pets.
9. Job letter and recent pay slip required.
10. Recent Bank Statement required.
11. Tenant insurance rquired and its a MUST..and MUST be taken by the tenant.
12. 1 year lease signing is a must.
13. Have a iron clad lease agreement !..and you will be fine
Some of the above things can be faked or photoshopped , so be careful. Sometimes you will get a good refernece from a previous landlord, but that's bcoz he just wants to get rid of his problem tenants and make them someone else's problem..lol.
Lot of these above things will eliminate fake and aggressive people . The rental vacancy in GTA is less than 1 % , so inspite of these strict conditions , you will get lot of good tenants.
Thank you @Delhi Indian and @adamthorat!
@Delhi Indian, yes did that this time
@adamthorat, i like your idea of telling people that i'll be consulting with my real estate lawyer..haha! agreed - that should filter all the bad guys out.
Quote:
Originally posted by scarborough_kudi
Thank you Indian and
Indian, yes did that this time
, i like your idea of telling people that i'll be consulting with my real estate lawyer..haha! agreed - that should filter all the bad guys out.
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