If you’re a landlord in London, Ontario, you’ll need to follow the rules and regulations for renting out your property. The city’s Residential Rental Unit Licensing (RRUL) by-law lays out the standards and guidelines for renting your home or apartment. The by-law is designed to protect the health, safety, and character of residential rentals. It also ensures that your tenants are up-to-date with RRUL requirements and have a valid lease agreement.
Performing a thorough tenant screening is essential to avoiding costly evictions and damage. However, many landlords use a credit database that isn’t very comprehensive and doesn’t include information on evictions or criminal records. By using Sterling Backcheck, landlords can make informed decisions about whether to rent their properties to prospective tenants. EZ to use, our screening packages include a national criminal background check, eviction history, and a ResidentScore. All you need is the applicant’s name and email address to get started! All reports are instantly available online.
A professional property management company can offer you a variety of services. For example, it can help you keep track of your rental income and expenses. This will save you time and money, as well as prevent you from incurring penalties from the IRS. This service is especially helpful for small investors who are not familiar with the ins and outs of tax law.
The’very knowledgeable and efficient’ team at RWK Goodman handles a wide range of commercial property disputes. Its clients include major hotel operators and corporate occupiers. The’very experienced’ Nick Martyn specialises in leasehold enfranchisement work, and the ‘top-notch’ Angela Gregson is adept at dealing with neighbourly issues and rights of light matters.
A recent decision by the city to allow people to pay their property taxes using credit cards may seem like a convenience for London residents, but it could be costly in the long run. It could cost a city as much as 2% of the payment due to fees charged by the credit card companies, according to Family Service Thames Valley.london ontario property management