How to Find the Best Tenant for Your Rental Property | Toronto, ON Property Management Advice

To find the best tenant in Toronto, one of the most important things is being really familiar with the owner’s property. We make an effort to understand all the unique aspects of a property so we can present it as the place that a tenant wants to live.

Property Management in Toronto: Online and Referral Marketing

In addition to online marketing and referral marketing through relocation agents, corporate relocation companies, and other channels, a good property manager will form a connection with a potential tenant and bring them to your property, where they will showcase all of the property’s unique elements. During the showing, these soft selling aspects, including sharing all the details about your property that make it special, allows us to casually drop in a few questions so we understand a tenant’s motivations for renting and match the tenant’s needs with the property’s attributes as best as possible.

Property Management in Toronto: Screening Tenants

There’s also the procedural part of going through an application and verifying the tenant is qualified to rent your property. We have to delve into personal details to ensure we have a good picture of the tenant. This includes verifying identity, so we have to look at identity documents. We ask for proof of income so we can be sure the tenants can pay rent. Our process includes looking at the tenant’s credit scores for any information that tells us more about the position of the tenant. You also want to check references so you know what kind of tenants they have been in the past. Finding out information from previous landlords and employers, as well as looking at social media, is an important way to get to know your tenant. Check them out on Facebook, LinkedIn, and other online platforms.

If you have any questions about finding the best tenant for your property, contact us at Toronto Luxury Rentals. We’d be happy to help you find a great renter, and provide any Toronto property management services you might need.

How to Find the Best Tenant for Your Rental Property Toronto, ON Property Management Advice