Grow ops can be extremely problematic for a Landlord. Your homeowners insurance may not cover the damage caused by a grow op in your tenanted property. There have been a sharp rise in grow ops showing up in the GTA. For this reason it is extremely important to insure that you do due diligence as a Landlord. Here are 10 helpful tips to help you not become a victim.
How Can A Landlord Know Their Tenants Have a Grow-Op?
It can be very difficult to spot overuse of electricity, when it’s the tenants who control their own utilities. This makes it difficult for landlords to know if there are grow ops in their investment properties.
That’s Right. And Tenants Can Take the Landlord To the Landlord and Tenant Board For Harassment
There are sure signs of an illegal grow-op, such as blacked out windows, no garbage or recycling placed on the curb, lack of snow on the roof and frequent visitors at irregular hours. If you have tenants who you suspect may be up to no good it’s important to get experienced professionals to help you deal with them…before the police do (and you pay).
Here are some tips:
1. Tenant Screening
Make sure you know who you are renting to. If possible, do a check on the potential tenant to see if they have any criminal background.
2. Tenant Insurance
Make sure you see proof tenants have insurance before handing over the key. Put this in your lease.
3. Monitor Your Rental Property
Do regular drive-bys. Make regular inspections part of your lease.
If your tenants are going to pay for their own utility usage, make sure you know which tenant is going to have the account in their name.
Get to know your neighbours. Give them your contact information in case they see anything suspicious going on.
Here are some suspicious things you should always be aware of:
6. Is Anyone Home
If your rental property doesn’t look like anyone is actually living there, it’s a red flag.
Are there visitors at strange hours?
Are windows (especially in the basement) boarded up?
9. What Stinks?
Are there any strange smells coming from the property? Particularly anything smelling something similar to a skunk.
10. Hydro Metres
Has anyone messed with the hydro metres?