It was only a few months ago the media was screaming Calgary landlords had it good and tenants were hard up. The latest headlines includes talk of a declining economy and higher vacancy rates.
Successful Calgary landlords have a long-term view, have confidence in our city, and know the importance of careful tenant screening.With some economic blips it means Calgary landlords must screen more carefully than ever before.
Being a landlord means you are inviting strangers into your property. And in many cases your property is worth hundreds of thousands of dollars and one of the most important investments you have made. Let’s face it, the stakes are high and you finding a good tenant is key to your success or failure.
Some new landlords who don’t have the same experience will let just about anyone into their homes. As long as the tenant has money to pay rent these inexperienced landlords are satisfied and hand over the keys.
The results can be financially devastating
Read more at: http://calgarylandlords.ca/2015/01/25/c ... t-in-2015/