I would describe myself as a sceptical investor. It usually takes a lot of research before I am convinced. Surrey real estate convinced me. Surrey properties are currently the most affordable real estate investment in Metro Vancouver. We have been looking after a number of properties in Surrey and the prospect of owning a brand new condo in Metro Vancouver…
29 Jun SELLING TENANT OCCUPIED PROPERTY: How to Avoid Landlord – Tenant Conflict
29 Jun 0
Here are some options available to you as a landlord 1. Consider the month – to – month lease Month-to-month leases are fairly common and if your tenant happens to be on one, then it may be the easiest way to have them vacate in order to get to selling the property. Different locations have different rules on notifying tenants…
06 Apr How a Tenancy Ends
06 Apr 0
It is possible to end a tenancy without complication as long as all of the RTB processes are understood and followed correctly. The following explanations will provide more information about the forms that are used in the process of ending a tenancy. FIXED TERMS There are several important things to be aware of in relation to the ending of fixed…
02 Apr 5 Tech Tools That Make a Landlord’s Life Easier
02 AprNobody ever said becoming a landlord was easy, thats why we outlined below 5 tech tools for Landlords. Of course, the likelihood of passive income from property ownership appeals to many people. However, property management is not a passive activity. Aside from collecting rent regularly, you must also manage property repairs, vacancies, disputes, and emergencies. So something that will make…
02 Apr VANCOUVER REAL ESTATE MARKET RENTAL REPORT – MARCH 2021
02 Apr 0
In March, Metro Vancouver experienced unprecedented levels of home buyer and seller activity. Let’s go over the Real Estate Market Rental Report of March. According to the Real Estate Board of Greater Vancouver (REBGV), residential home sales in the area totaled 5,708 in March 2021, a 126.1 percent improvement over the 2,524 sales reported in March 2020 and a 53.2%…
23 Mar During TENANCY
23 MarServing Notices To Tenants Once you have found a tenant and a lease is signed for your property, you’ll need to know both your and your tenants’ rights. At some point, you will have to provide documentation to your tenants During tenancy. You may even have to take legal action. Proper documentation is important when starting any tenant/landlord relationship. Maintaining…
17 Mar Beginning a Tenancy
17 Mar 0
After a tenant has been chosen it is important that both of you communicate clearly to ensure that you and the tenant understand both your rights and your responsibilities and are therefore fully protected in the case of something going wrong. If something does go wrong, having this initial paperwork helps to ensure that the problem can be resolved. This…
09 Mar SELECTING THE RIGHT TENANT – BEFORE TENANCY
09 Mar 0
Making sure that you have a water-tight selection process for potential tenants is essential for any landlord. While parts of the process may vary from person to person, there are some elements of the selection process that every landlord needs to consider. These include; Applications PIPA The Human Rights Code Credit Checks References Tenant Application A fundamental part of finding…
08 Mar First-Time Buyer Checklist
08 MarIn 2018, 66.2% of first-time buyers in Canada bought their homes because they wanted to become homeowners, with 50.6% of these buyers under 35 years of age. If you are a first-time buyer, you will generally have more questions than someone who has already gone through the process. Some of the questions you may have, could be: What are important…
06 Mar Vancouver Real Estate Market Rental( February)/Sales report.
06 MarIntense competition amongst home buyers is putting upward pressure on home prices across Metro Vancouver’s housing market. The Real Estate Board of Greater Vancouver (REBGV) reports that residentialhomesales in the region totalled3,727inFebruary 2021, a73.3per centincreasefrom the2,150sales recorded inFebruary 2020, anda56per centincreasefrom the2,389homes sold inJanuary 2021. Last month’s sales were42.8percent above the 10-yearFebruarysales average. “Metro Vancouver’s housing market is experiencing seller’s…
05 Mar Formative Legislative Changes To Prevent Illegal Renovictions & Extend the Rent Increase Freeze
05 Mar 0
The landlord-tenant relationship can often be abused if proper legislative rules are not passed and practiced and this has been a common theme and motivator behind tenancy disputes that make news headlines. In one especially offsetting scenario, loopholes in the laws give less scrupulous landlords a certain edge of exercising their power through illegal renoviction and geographic rent hikes. Tenants…
03 Mar Optimizing Communication Between Tenants & Landlords – Permitting Emailed Document
03 MarAn email has become the common and quintessential method by which parties communicate and share information. The current amendment to regulations comes at the behest of a recommendation from the Rental Housing Task Force, who had sought input from landlords and tenants, and fielded suggestions to recognize email as an acceptable form for notification Coming into effect on March 1,…
02 Mar Why is Burquitlam Red hot for real estate?
02 MarBurquitlam is a neighborhood located on the boundary of Coquitlam and Burnaby, and its exponential growth has been underpinned by the development of the Evergreen Skytrain line. It’s easy to access to Hwy 1 makes it a natural selection for homeowners looking for a bigger return on their investment dollar. As the community and general public manage the covid situation,…
23 Feb How to be a Good Landlord
23 FebGetting the rental property is the easy part of becoming a landlord. You need to get people to rent out your property and stay as long as possible and ensure that people will want to rent from you. Being a landlord can be such an exciting adventure, but it can be a complicated and overwhelming one if you don’t have…
06 Feb January 2021 Vancouver Real Estate Market Report
06 FebThe Vancouver real estate market is growing according to the sales prediction made by the R.E. Association The Real Estate Board of Greater Vancouver (REBGV) reports that residentialhomesales in the region totalled 2,389inJanuary 2021, a52.1% increasefrom the1,571sales recorded inJanuary 2020 anda22.76per centdecreasefrom the3,128homes sold inDecember 2020. The B.C. Real Estate Association has just forecast sales for 2021 that are the…
31 Jan Skiing in Whistler – What You Should Know
31 JanFamed for its epic terrain, Whistler is the go-to ski destination in North America. It’s one of those bucket-list places that you’ll want to visit again after experiencing all it has to offer. With Whistler Blackcomb being the largest ski resort in North America, and consistently ranking as number one, it attracts millions of visitors each year. Its over 200…
30 Jan How to Sell Your Condo: 25 Tips for Selling Faster and For More Money
30 JanThe prospect of homeownership can, in itself, be daunting. So can the prospect of selling your house when you determine the time is right to make a move. Selling your condo can prove to be an equal challenge, especially since there are certain rules that govern what you can and can’t do to spruce up your condo property. Fortunately for…
29 Jan 5 Tips for Collecting a Security Deposit from Renters
29 Jan1. Collecting a Security Deposit: Ensure that the Security Deposit is Part of the Rental Agreement Whether you own a large apartment building or a small duplex, make sure that you have a boilerplate rental agreement. Having a standard format with standard requirements will make any negotiation you may have with a potential tenant easier to manage and more quickly…
02 Sep August 2020 Vancouver Real Estate Market Report
02 SepVancouver’s Real Estate market continues to show up despite Covid pandemic. The Real Estate Board of Greater Vancouver (REBGV) reports(housing market report) that residentialhomesales in the region totalled3,047inAugust 2020, a36.6per centincreasefrom the2,231sales recorded inAugust 2019, anda2.6per centdecreasefrom the3,128homes sold inJuly 2020. “People who put their home buying and selling plans on hold in the spring have been returning to the…
31 Aug Property Management from a Property Manager’s Perspective
31 AugThere has been much written on BiggerPockets recently about property management – Do you use a professional property manager? Should you use a professional property manager? What do they do? Are they worth it? I’d like to discuss who we are as property managers, what property managers shouldoffer, and why I think property management services can be of huge benefit toreal…
28 Aug Habitat
28 AugHabitat is a new condo developmentbyPorte Communities,Hudson Morrisandfabric livingcurrently in preconstruction at 2520 Guelph Street,Vancouver. The development is scheduled for completion in 2022.Habitat has a total of 70 units. Habitat Details Website:lifeathabitat.comBuilding Address: 2520 Guelph Street,Vancouver,BC Building Type: CondoOwnership:CondominiumSelling Status: Registration Sales Started:2018Construction Status: Preconstruction Construction Started: Winter/Spring 2021 Estimated Completion:Fall/Winter 2022Builder(s): Porte Communities,Hudson Morrisandfabric living Architect(s): FormosisCeilings:–Interior Designer(s): Cristina…
Recent Posts
-
How a Tenancy Ends
April 6, 2021 -
5 Tech Tools That Make a Lan...
April 2, 2021 -
VANCOUVER REAL ESTATE MARKET...
April 2, 2021 -
During TENANCY
March 23, 2021 -
Beginning a Tenancy
March 17, 2021