Tenant Screening In A Softening Market with Kayla Andrade

Let Us Know What You Thought Of The Episode When vacancies climb and rents start to slide, a lot of landlords loosen up on tenant screening just to get the unit filled. It’s an understandable move, but one bad tenant can cost you far more than a couple of empty months. Missed rent and legal fees add up fast, and sometimes the property needs serious work once they’re finally out. In this episode of the Savvy Investor Podcast, Michael sits down with Kayla Andrade, an ambassador with FrontLobby and the voice behind Ontario Landlord Watch. Kayla has spent 15 years advocating for small landlords and regularly appears on CBC and CityNews pushing back on policies that make this business harder. She opened this year’s Savvy Investor Summit, and we brought her back for anyone who missed it. **In this episode we get into:** - What Ontario’s Bill 60 changed for landlords, including filing for non-payment after 7 days instead of 14 - How to search Landlord and Tenant Board orders by a tenant’s name before you hand over the keys - Why reporting good rent payments to the credit bureaus helps you attract better tenants in a tougher market - What to try before you drop your rent, and why cutting corners on screening is never the answer - When to bring in a paralegal or lawyer, and how some tenants are now using ChatGPT to flood hearings with evidence If you’ve got a vacancy right now and you’re feeling the pressure to fill it, listen to this one first. **Follow Kayla on Instagram:** https://www.instagram.com/ontlandlordswatch/ **Learn More About Our Trusted Partner - FrontLobby** *Rent Reporting, Credit Building, Tenant Screening, Debt Recovery* Do you want to reduce your risk, reduce delinquency rates, and build stronger rental portfolios? FrontLobby was built to solve industry challenges. Late payments? Start reporting rent to the Credit Bureaus. Tenant applications? Screen them using fast, affordable services. Unpaid balances? Recover rental debts using effective and compliant tools. Tenancy questions? Ask the industry’s first Landlord Al. We understand how demanding managing rentals can be, which is why FrontLobby helps power smarter decisions and better outcomes. Savvy exclusive offer: Use special code: **SAVVY26** when you activate your premium membership to receive a **$10 credit.** Would you like to learn more? Visit: https://thesavvyinvestor.ca/front-lobby  **Savvy Investor Links:** Website: https://thesavvyinvestor.ca  Instagram: https://www.instagram.com/savvy\_investors  YouTube: https://www.youtube.com/@thesavvyinvestor Join our FREE Savvy Investor Facebook Community:  https://www.facebook.com/groups/341243106757064 *Disclaimer: The views and advice expressed on this podcast are those of the participants and do not necessarily reflect the opinions or beliefs of the podcast host or affiliated parties. The content is for entertainment purposes only and should not be considered as professional financial, legal, or investment advice. Listeners are encouraged to conduct their own research and consult with qualified professionals before making any financial decisions. The podcast host and producers are not responsible for any actions taken based on the information provided.*