This chapter will give landlords hurricane tips for rental properties as hurricane preparations look to be an increasing need given recent weather patterns. It is important to do some preparation before any event might happen. You should know your own limits and ability to do repairs as well as the coverage you have for all of your buildings. Finally, you should also…
Should Landlords Sue if Tenants Post Unfair Reviews Online?
15 AprSocial media can be both a blessing and a curse for all business owners, including property owners. This gives users a platform to share with everyone their experiences, whether they are good or bad. Think about when you had a really terrible experience with a business. You probably couldn’t wait to post about it on your social media account to…
How Lighting Upgrades Can Benefit Residents and Multifamily Operations
12 AprLighting is essential on any property and the effects of particular lights can have a variety of effects for the people who live at the residence. The right house lighting can help people be more alert and energetic, as well as tired at appropriate time frames. Having the proper balance of light wavelengths is important for proper functioning.
How to Solve the 5 Most Common Complaints from Tenants
08 AprThe landlord/tenant relationship is vital to master if you are going to have success as a landlord. This article will highlight 5 common complaints from tenants and how you can resolve those complaints. Knowing how to deal with landlord/tenant issues will prevent many headaches in the future. As a precursor, it is also important to be proactive to try to anticipate problems…
Can Landlords Charge Renters for Repairs if They Do the House Repairs Themselves?
05 AprIn this chapter, I will discuss charging for house repairs. Even if, you as a landlord decide to do the repairs yourself. House repairs can often be a great expense so it is reasonable to charge renters if their conduct has caused damage to the property. Your job as a landlord is to make sure the house is habitable. This is…
3 Steps for Choosing Quality Tenants for Your Rentals
29 MarScreening prospective quality tenants is never a desirable thing to do. Very few people like digging into the private lives of others. However, as a landlord it is very important that you find quality tenants who will not damage your property.
10 House Amenities You Shouldn’t Have at Your Rental Property
22 MarIt is difficult to choose which house amenities your property should have. House amenities vary somewhat depending on location and the architecture; however, there are certain items which you should never have in your rental property. Certain items are impractical for making long-term rental income even if they are convenient in your home. This article will highlight the top items.
10 Interior and Exterior Preventive Maintenance for Rental Properties
18 MarPreventive maintenance for rental properties is always better to perform than emergency maintenance because spotting a problem early leads to a cheaper repair. Finding potential problems in your rental property will take some diligent work and can be daunting for a single person to perform, especially if a person owns multiple properties. A shortcut list can help you examine which…
How to Choose The Best Property Management Company
14 MarJust when you thought you’re going to get a good sleep and you receive a phone call from a loud woman. Guess what, it’s your tenant, telling you to fix their leaking faucet at 10 PM. Maybe it’s time to look for the best property management company? How To Choose a Property Management Company Have you ever had that moment in…
4 Things To Consider When Buying A New Residential Central Air Conditioning Unit For Your Rental
08 MarDid your tenant report about your broken Residential central air conditioning unit– AGAIN? Thinking what Residential central air conditioning units to buy your rentals? Looking into replacing the old dusty Residential central air conditioning unit? Residential central air conditioning units are also difficult to install. It is important to get your perfect choice the first time. Choosing a cheap one…
Daily Habits for Real Estate Investors Who Seek Financial Freedom
03 JanDaily Habits for Real Estate Investors Who Seek Financial Freedom Any long-term hopes and dreams require breaking tasks down into simpler steps. Real Estate Investment is a long-term investment and there is not a clear end marker on it.
How to Triple Your Rental Profits with AirBnB
27 DecHow 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…
The Ideal Home for You Based on Your Zodiac
20 DecWhere is home for you? As a tenant, you will want to find your ideal home. Some people enjoy certain characteristics such as wood floors or marble countertops. Others look at practicality, like how will my house benefit my portfolio in future years.
15 Winter Landscaping Tips to Keep Your Property Looking its Best
14 DecWinter can be the bugbear for gardeners but if you follow these landscaping tips then you’ll have a garden to be proud of. With lots of ways to leave your garden looking stunning, even over winter, these landscape design tips will keep your garden looking bright and colorful even on the greyest of days. So take a look at our…
Changes to Residential Tenancy Act BC
06 DecOn October 26, 2017, the B.C. government introduced changes to the Residential Tenancy Act related to the use of vacating clause in a fixed term residential tenancy agreement. It is a clause that requires the tenants to move out or sign a new lease at the end of a fixed term tenancy. The landlords will be no longer able to…
Property Tax Saving tips for Landlords
06 DecOne of the first steps to becoming a landlord is to think about how owning a property will affect your income. As a landlord doing solo property management, you will want to make money. One of the ways you can save money is by tax planning.
Managing a Property in a Vacation Area
21 NovLet’s face it; self-managing a property in a vacation area is no picnic. It can be not only time-consuming but also quite stressful, if not downright daunting. You will have to find ways to attract guests, set a fair price, clean, renovate, and whatnot – the whole shebang. Tellingly, you need to hire a professional company to manage your property…
Landlord Tenant Problems : When to take legal action
26 OctThere may come a time in your career as a landlord in which legal action will become necessary. Some landlord tenant problems are minor but could escalate.
What to do after sending the notice to end tenancy
19 OctYou’ve sent the notice to end tenancy, they accepted it, then they moved out, now what? We’ve already discussed how to go about ending the rental agreement, but what happens once that’s over? So far, we’ve covered how to get started as a landlord, how to market your rental unit, what to do once you’ve found your tenants, dealing with…
Terminating a Tenancy
11 OctPrior to ending a fixed term tenancy, it is the responsibility of the landlord and tenant to either re-negotiate the terms of the rental agreement or to terminate the tenancy agreement upon its end date.