So, you want to own or buy a Rental Property? Join Upper Edge Property Management where, in the next installment of this Guide to Real Estate Wealth, Garret Wong explains their procedure on taking a tenant to court for damages to the rental property.
A Landlord Claim is when you have a monetary claim against the tenant, normally due to damage that occurred during a tenancy. Most commonly, the tenant has already moved out, and you are left with damages, extra items they left behind and a large repair bill.
Your next step is to go to the RTB website, download the Landlord Claim form and fill it out. But before you can file at the RTB, you need to have an idea of your costs. Here is where you can estimate your costs, simply for the purposes of applying for a hearing. Get the junk hauled away, get your quotes and begin the work on the property. As long as you have the complete and total cost before your hearing, you can submit the hearing paperwork with your estimated “ballpark” costs on the RTB form.
Upper Edge Property Management, located in Winnipeg, Manitoba, Canada, has been successfully managing rental property for their investors since 1999, and chooses to specialize in the management of single family homes, condominiums and smaller multiplex buildings and apartment blocks.
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