Mark Alban Carter

With so many new faces coming to Toronto, the rental market is booming. With that in mind, you need to be that much more careful to avoid being scammed out of your deposit by someone you thought was a landlord.

It’s tough to be 100% protected from having something like this happen, but one way to stay on the safe side is to ask if the person you’re speaking with is a real estate agent. When you’re working with a realtor, you can rest easy knowing that your first and last month’s rent is being put into a trust fund made out to their brokerage. This is just one of the ways to keep your money safe.

Hope this helps!

This might come as a surprise, but it’s getting almost harder to rent these days than it is to get a mortgage!

One reason for this is that when it comes to choosing a rental applicant, a lot of Landlords aren't experienced, and don’t really know what to look for, compared to being evaluated by a trained professional when you’re applying for a mortgage.

For that reason, when you’re applying for a rental, your application needs to be self-evident, clear as day, so that people know what you’re bringing to the table.

If the information comes with a story, it’s not going to fly!