So you have a vacant rental unit, and you know a family member of a close friend that might be perfect for it. Well before you jump in and rent to them consider the consequences if things ever go wrong.
Could Thanksgiving dinner with the family be difficult, if your brother could not pay rent, and now you can’t make a mortgage payment?
Maybe your friend just went through a breakup and now can’t afford the rent, how much longer do you think they will be a friend if you try to evict them?
Check out this video on renting to family and friends, then consider giving the professionals a call to help you out, or at least keep you at a distance if there is an issue. www.agsecure.ca. 705-792-9764