Unpaid Rent Insurance for Ontario Landlords: How RenterCare Works | Ontario Landlord Series Ep 52

<p>What happens to your mortgage when a tenant stops paying rent? Naresh Vyas of Rental Deposits Now joins Kevin Breitner to explain RenterCare, rent protection insurance that covers an Ontario landlord's lost rent, paralegal costs and damage while a non-payment eviction works its way through the Landlord and Tenant Board.</p><p>They walk through a worked example on $2,500 rent, the one month of vacancy cover when a tenant leaves early, deeper tenant screening that flags a pay stub run through a PDF editor, appliance theft on a midnight move-out, and why it costs about what you'd pay to park your car downtown.</p><p><b>Chapters</b><br>0:00 Welcome: Protection Against Unpaid Rent<br>2:01 What RenterCare Is and the Gap It Fills<br>4:15 Benefits for Tenants and Relocation Costs<br>6:10 What Happens When a Tenant Leaves Early<br>8:46 How the Product Adapted to Everyday Landlords<br>12:19 The Three Parts: Screening, Insurance and Electronic Lease<br>15:35 Screening in Practice: The Flagged Pay Stub<br>18:08 Coverage Walkthrough on $2,500 Rent<br>23:19 What It Costs: About $60 a Month<br>25:47 Appliance Theft and the Midnight Flip<br>27:09 Wrap-Up and How to Reach CRESI</p><p><b>🤝 Guest:</b><br>Naresh Vyas, VP, Business Development, Rental Deposits Now<br>naresh@rentaldepositsnow.com</p><p>Prefer to watch? See the full video on YouTube: <a href="https://www.youtube.com/watch?v=XCCLclElkd4">https://www.youtube.com/watch?v=XCCLclElkd4</a></p><p><b>Website: <a href="https://cresi.ca">https://cresi.ca</a></b><br>Have a question about your property? Talk to Kevin Breitner: <a href="https://cresi.ca">https://cresi.ca</a></p><p><i>While we are professionals, this podcast is for informational and entertainment purposes only. The advice shared may not apply to your unique situation. Always seek personalized advice from a qualified professional before making any investment decisions.</i></p>