Advice for First Time Renters

In last weeks blog, we focused on tips and advice for landlords. In this weeks blog, we would like to switch our focus to renters. Whether you are renting for the first time or for the fifth time, there are a few things that you need to know or should keep in mind. We’ve noticed an increase in the number of rental postings, so we’ve put together a list of five items to consider just in case you’re new to this or in case you need a friendly reminder.

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Advice for Landlords

In this week’s blog, we decided to give landlords some advice because without them, there wouldn’t be as many off-campus housing options for students. We get to speak to landlords and tenants on a regular basis, so we are in a unique position where we get to see things from both perspectives, and we would like to share our thoughts with you.

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How to Spot Scams and Fake Postings

At RentWhiz we take safety and security very seriously, so we do everything we can to make sure our community is a safe space and a safe place. In this week's blog we wanted to discuss various ways to identify postings that may be scams, fake or fraudulent. If you ever needed to read one of our blogs to the very end, this is probably the one. If you ever notice a posting that meets any of the criteria below, please flag it and report it as soon as possible so we can protect other people in the community. We will then block these individuals from all our groups and report them to Facebook, so they cannot cause any more harm. We also recommend reporting it to the Canadian Anti-Fraud Centre (CAFC).

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Credit Reports & Co-Signers

If you are renting an apartment for yourself for the first time, one of the most difficult decisions to make is how much you can you afford to pay for rent. I found the rent affordability calculator on the Canada Mortgage and Housing Corporation website that may be a good starting point for you. This will help estimate how much you can afford to pay for rent each month.

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Common Mistakes for First Time Renters

Whenever we are doing or learning something for the first time, we tend to make mistakes simply because we didn’t know better or just because it comes with the territory. We’ve gotten some feedback from some of our group members on things they would’ve done differently the first time they rented.

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