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Updated over 6 years ago on . Most recent reply

User Stats

8
Posts
2
Votes
Eve I.
  • British Columbia
2
Votes |
8
Posts

Tenant screening and rent collection in Canada

Eve I.
  • British Columbia
Posted

Hello, I am going to start landlord business in BC.

How do you choose your good tenants, and what method do you use for rent collection?

Does anyone use background check services and/or online payment (other than e-mail money transfer) ?

I've recently joined to BigegrPockets, started to learn, and noticed that while many investors suggest to use online rent payment tool and backgroud check services, the similar services are quite limited available in Canada, especially tenant's "background" check services. Do you think those services work well in Canada?

Any suggestions would be appreciated.

Most Popular Reply

Account Closed
  • Investor
  • Saskatchewan , Saskatchewan
233
Votes |
311
Posts
Account Closed
  • Investor
  • Saskatchewan , Saskatchewan
Replied

I use TVS for credit checks. They also have a form for signing off on reporting payment details (like lates, non payment etc) to affect credit score

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