| Marketing Your Rental
Unit - Information for Landlords
Every landlord wants to find the ideal tenant — the
person who always pays rent on time, never disturbs others,
doesn't complain or cause conflicts and keeps the premises
in better condition than when he or she moved in. While this
theoretical ideal may be unattainable, the way you maintain
and market your property will affect what type of tenants
you attract.
Effective marketing involves differentiating your property
from others. In a tight rental market that can sometimes occur
in Kingston, advertising may not be as critical, but when renters
have many places to choose from, you need to let them know
why your place is better than others. Is it newer, bigger,
cheaper, cleaner or safer than comparable units in the area?
Does it have better appliances and amenities for the price?
Effective marketing will increase your chance of attracting
the ideal tenant for your situation. The more clearly you
state the benefits of your premises, the greater the odds
of attracting appropriate prospects.
Where to Advertise a Rental in Kingston:
- Place a for rent/lease sign at the rental property.
- Advertise in newspaper classifieds and specialty publications
that list rental accommodations. Remember community and
neighborhood newspapers. There are many of these in Kingston
from the Glebe Report to Manor Park news.
- If you are interested in attracting students, campus
housing offices often provide a free listing service. Both
Carleton University, and Kingston U have listings services.
- Post a flyer on bulletin boards at libraries, community
centres, grocery stores, and places of worship.
- Talk to friends and family members, letting them know
that you are looking for tenants.
Advertising Online:
Finding Tenants
Someone offering a tiny bachelor apartment will have a different
market than someone renting a spacious penthouse with extra
features, such as a fireplace and a fantastic view. Consider
the profile of the people you are trying to reach and then
advertise in the places where they would be likely to look
for a rental premises.
If you are renting a fairly basic basement apartment, you
have a good chance of attracting people willing to live in
a basement for the benefit of a lower monthly rent. University
campuses, postings in local supermarkets or "accommodations
available" advertisements in community newspapers might
be the best place to advertise this type of rental.
If you have an expensive condo to rent, advertise where people
with the appropriate income might search. The local condo
news, business-focused newspaper classifieds, or working with
a rental locator at a real estate agent's office might work
best.
If you are not sure where people look for rentals, ask! Talk
to several people in the same demographic as prospective tenants.
Evaluating Prospective Tenants
Every landlord wants to find good tenants - ones who pay
the rent on time and take care of their rental property. Finding
the best tenant can be offset by the need to have the premises
rented within a narrow timeframe. While time to show the unit,
accept and review applications and do background checks may
be limited, a hasty decision could cost you money in the long
run. If the wrong tenant moves in, you may end up losing money
due to damages or disputes.
Choose your tenants wisely
If you can afford a possible rent loss while waiting to
fill the unit, take the extra time to make the right choice
of tenant.
You should thoroughly research a prospective tenant before
making a final decision. Getting candidates to fill in a rental
application and properly screening for applicant suitability
before accepting a new tenant are vital. If you accept tenants
without screening and verifying their information, terminating
the rental agreement may be difficult even if you discover
that they provided false information.
As a landlord you can ask
- You can ask questions that will help you assess the suitability
of a tenant, as long as you do not infringe on his/her rights.
For example, you can ask a prospective tenant:
- What is your income? Where do you work?
- How many people will be living with you and what are their
names?
- Do you have pets? Do you smoke?
- Could you provide written permission for a credit check?
- May I see your references and their current contact information?
As a landlord you cannot ask
You cannot ask questions that infringe on the rights of the
tenant under the Human Rights Code for your province. For
example, you cannot ask a prospective tenant:
- Do you plan to have (more) children?
- What is your ethnic background, religion, or sexual preference?
- Will your family be visiting?
- What is your social insurance number? If you don't provide
your SIN, I won't rent to you.
- Are you married, single, or divorced?
You will want to find out as much as you can legally about
prospective tenants. Check their financial suitability through
a credit bureau report. To access a credit report on a prospective
tenant you must be a member of a credit bureau.
Changing Times …
In many areas information beyond basic financial data was
previously available in a credit bureau report. However, in
many areas this information is no longer being collected.
Some provinces, such as British Columbia, are in the process
of setting up independent Rent Bureaus. Ontario already has
a rent bureau, Rent Check, in place. These agencies will provide
information that can be used to assess potential tenants that
goes beyond the basic financial data. The easiest way to find
a Rent Bureau in your province or territory is to check with
a local association for landlords and tenants. Inquiring at
the local rental authority is another avenue to consider if
there isn't an association in your area.
Beyond credit information, try to discover what kind of tenant
will be living in your unit. Ask former landlords about the
tenant's character and past rent-payment patterns. Consider
talking to even the last two or three landlords to get a clear
idea.
In some provinces, landlords can easily access information
compiled by order registries and landlord advocacy groups.
A landlord unsure about a tenant's suitability can turn to
these groups for more information. These registries include
information about unlawful tenants and help landlords when
they face difficult tenant situations. Provincial offices
can also offer assistance to landlords who are experiencing
tenant problems. They may also be able to pass along information
on registers and advocacy groups in your region, if these
organizations exist.
Kingston Apartment Rental Guide

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