A Comprehensive Guide to Being a Better AirBnB Host

15 Jan

Airbnb continues to be a great platform to turn available space into a profitable business. For people with extra rooms in popular cities or vacation homeowners looking to monetize their property when it’s not in use, there is something for every kind of traveller.  In the early days of Airbnb, the target market tended to be a little more frugal,…

The Pros and Cons of Allowing Pets on Your Rental Property

09 Dec

The regulations surrounding what rules a landlord can enforce regarding pets in their rental unit fall under provincial jurisdiction. As such, there are a variety of laws nationwide that govern precisely what recourse an owner has when it comes to enforcing a pet policy. In British Columbia, Section 18 of the Residential Tenancy Act, allows landlords to restrict pets completely,…

The Biggest Problems With Renting Your Property on AirBnB and How to Solve Them

21 Oct

When you think of how Airbnb has turned an entire industry on its head, it’s pretty amazing. Just 11 years ago, it was two roommates in San Francisco looking to help pay their rent by offering short-term rentals of their air mattress. The company that was initially called Airbedandbreakfast.com, today has more than 4 million active listings in almost 200…

How to Get Started as a Real Estate Investor in Vancouver & Whistler

02 Oct

Sometimes it seems like the Vancouver and Whistler real estate markets are so far-saturated that they won’t make suitable investments. For anyone just now considering their first rental property(s), there is a real fear that the moment may have passed. Even buyers looking to invest in vacation properties have had concerns that it’s not the opportunity it once was. However,…

The Best Smart Home Devices to Install in Your Investment Property

17 Sep

They’ve long been telling us that one-day smart devices would solve all of our problems. Articles going back 15 years were talking about refrigerators that would give you health tips and reorder your favourite foods before you ever run out. The future was going to be a technological marvel. Well, the future is now. While 5G and the “Internet of…

2020 Residential Rent Increase Allowance Rate

12 Sep

If you operate a rental property in British Columbia, you will want to be regularly following the Provincial Government’s annual rental increase allowance rate. For 2020, the rental increase allowance is 2.6%.  As a landlord, rental increases are what allows you to make proper capital expenditures to maintain your property in a state of good repair. A failure to keep…

The State of the Short-Term / Vacation Rental Market in Whistler, BC

04 Sep

In April of 2018, investors were caught a little by surprise when Whistler overtook Vancouver as Canada’s hottest housing market.   A detached house in Whistler was going for about 4% more than a home in Vancouver. And, it’s safe to say that the trend has continued through 2019.  Of course, numbers like this make investors stand up and take…

How to Triple Your Rental Profits with AirBnB

19 Apr

How to Triple Your Rental Profits with Airbnb Airbnb is a wonderful resource for landlords as they try to increase their profits. Long-term rentals can usually go for $900-1000/month while the same place can be sold for $100-120 per night for a short-term or vacation stay. The difference in earning potential between short-term and long-term rentals can be a major…

Landlord or Tenant: Who is responsible for bed bugs?

10 Apr

Nobody is fond of bed bugs. Many people get creeped out because they can literally come from the bed into our skin to wreak havoc. These are parasites that are common everywhere. This isn’t a problem in undeveloped countries, but right here in your home. When it comes to a rented home, landlords should know that it isn’t because the…

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