Archive for the ‘Manitoba landlords’ Category

Manitoba Landlords – Take Control of Your Rental Property With Tenant Credit Checks

Sunday, June 12th, 2016
Join the Manitoba Landlords Association and Run Credit Checks To Find Great Tenants

Join the Manitoba Landlords Association and Run Credit Checks To Find Great Tenants

 

Manitoba Landlords Can Make Sure You Rent To The Good Good Tenants Out There By Running Credit Checks

Experienced and successful Manitoba landlords know the importance of renting to good tenants.

After all, you have bought and prepared a great place to live with you rental property. Many Manitoba landlords were tenants ourselves at one point, or we have friends and relatives who rent now, and we know how good tenants appreciate a good landlord and a safe, affordable, well-maintained rental property 

We also know how important it is for tenants to have a great landlord!

What Makes A Great Landlord?

A great landlord is just like most of the readers here. We have invested a lot of our savings into a rental property. We maintain it well and want to make it as pretty as possible.

We hope to find great tenants who will live in our rental property and be happy and appreciate the property and us, as landlords, who have invested a lot of our hard earned money to create the property.

Landlords Keep Getting Ripped Off Bad Tenants

The stories keep coming. Tenants come in, and either don’t pay rent or trash the property.

This lead many landlords to give up. They just give up or look for a better place to invest.  We know of a case where a couple of Brandon landlords sold and became Newmarket Ontario Landlords and have achieved great financial success.

Did You Run Proper Tenant Screening Including a Credit Check?

Very few Manitoba landlords run credit checks and proper tenant screening on their potential tenants before handing over the keys.

Are they too trustful? Yes. You need to be very cautious and know who you are renting to. You need only to view what the situation is for Ontario Landlords to realize you need to screen carefully.

How Can Great Landlords Find Great Tenants?

A credit check will show you the financial history of a potential tenant.

Do they pay their bills on time? Have they not paid someone before? It’s a key tenant screening check!

Most Manitoba Landlord Don’t Screen Tenants And Don’t Run Credit Checks

This is the sad reality, so who is to blame when landlords rent to bad tenants? A Winnipeg landlord said she just trusts what a tenant says. She sold her rental after a bad tenant ripped her off.

How Can I Run Premium Credit Checks At A Great Price?

Join the Manitoba Landlords Association and get access to amazing credit checks at great prices.

Manitoba Landlords: Rent Increase Guideline 2014

Wednesday, January 1st, 2014

Manitoba landlords 2014

How Much Can Manitoba Landlords Raise the Rent in 2014?

We’ve received lots of emails from landlords across Manitoba in December.

Landlords across the province are facing difficult tenant challenges and increased costs.

They want to know how much they can raise the rent in 2014.

One Winnipeg landlord emailed in saying:

“My last tenant left with rent owing and the place was a mess costing me over $5000. I rented out to new renters last year for a low price. She has now brought in several ‘friends’ to live with her and my utility costs are going through the roof? Can I raise her rent to cover my additional expenses?”

Another landlord from Brandon wrote in:

“I’m a new landlord and trying to be professional and caring. The problem is the wear and tear from my tenants is often excessive. They say they don’t mean to cause damages and I believe them. It’s just I’ve had to spend hundreds of dollars for new windows and new appliances that are suddenly always broken. What can I do?”

Rent Control In Manitoba

Alberta landlords can raise the rent as much as they want for their renters because the provincial government doesn’t control how much landlords can raise the rent.

Manitoba landlords face rent control which means the government controls the rent in our province.

This is the same as what BC landlords face (they can raise the rent 2.2% in 2014) and what Ontario landlords deal with each year (Ontario landlords can only raise the rent 0.8% in 2014 and they aren’t happy about it!)

How Much Can Manitoba Landlords Raise the Rent in 2014?

The 2014 rent increase guideline for Manitoba landlords is 2.0 per cent, effective Jan. 1, 2014.

Under the Residential Tenancies Act, tenants must be given proper written notice at least three months before the rent increase takes effect.

A notice to increase rent must meet the requirements of The Residential Tenancies Act. The branch provides rent increase forms for landlords to use. In most circumstances, rents can only be increased once a year. The guideline applies to rented residential apartments, single rooms, houses and duplexes.

According to a statement from the Manitoba Residential Tenancies Branch, there are some exceptions to the guideline. These are:

1. Premises renting for $1,395.00 or more per month as of Dec. 31, 2013

2. Personal care homes

3. Approved rehabilitated rental units

4. New buildings less than fifteen years old where an occupancy permit was first issued or a unit was first occupied after April 9th, 2001

5. New buildings less than twenty years old where an occupancy permit was first issued or a unit was first occupied after March 7th, 2005.

What If Tenants Disagree With the Rent Increase?

Manitoba tenants can object to any increase in rent regardless of whether it is at, below or above the guideline.

Landlords can apply for a larger increase if they can demonstrate that the guideline amount will not cover cost increases they have incurred.

For more information on how to legally raise the rent in 2014 go to  the Manitoba Residential Tenancies Branch.