When Luz Romero heard about a rental property for sale a few years ago, she jumped at the opportunity to be a landlord.
She and her husband renovated the Niagara Falls, Ont., semi-detached home and attempted to build a good relationship with the tenants they inherited, she said.
The home has two rental units — one on the main floor, where one couple lives, and a basement apartment, home to a single renter.
When the main-floor tenants were late on their $1400-a-month rent payments a few times last year, Romero said she was understanding and gave them extensions.
- Advertisement -
But since February, those tenants haven’t paid rent at all and now owe her around $7,000,