There 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. Whether it is necessary due to tenants refusing responsibility for the repairs of damages they committed or a need for eviction, legal action may be required. You will need … Read more
The next step on your journey to becoming a landlord is finding your tenant. Everyone wants to find the ideal tenant, but marketing your rental unit isn’t always that easy. How you market your unit makes all the difference to the tenants attracted to it. You need to make sure your property stands out in … Read more
Congratulations, you’ve found your perfect tenants! You did thorough interviews and investigations into your tenants’ employment, renting history, and character and settled on the ideal tenants. You even discussed the BC tenant’s rights. What’s next after acquiring tenants? Once your tenants signed the rental agreement, there are some things you need to take care of … Read more
Now what if you have found the perfect tenant? What do you think are the top concerns of any tenants? While tenant insurance is usually neglected, let me share with you a property manager perspective in this matter. Once you have finalized a deal with a new applicant, you’ve just completed the puzzle of your … Read more
Many new landlords think that the only way to market their rental property is by putting an ad on Craigslist or just posting on social media. While that is a good rental marketing idea, you should refine it and make it a better strategy. As the landlord, you need to treat your rental property as … Read more
One 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. I’ve prepared three property tax saving tips for landlords … Read more
If you’re looking into becoming a landlord, you may need some help with how to get started. There’s a lot to do in property management and a lot of laws you need to know about, things can get confusing. For instance, when you search for tenants, is it okay to exclude those with children? Can … Read more
The information necessary for new landlords to accumulate and absorb can seem beyond overwhelming. It’s important not to let any of it fall through the cracks, as you could find yourself in legal trouble. We made your life a little easier by putting all the information about tenancy agreements in one place that you could … Read more
Property tax is due this July 2018. The important dates for your property taxes depend on where your property is located: Tuesday, July 3, 2018 RichmondWhistlerSurreyCoquitlamNew WestminsterTsawwassenPort CoquitlamPort MoodyLangley Wednesday, July 4, 2018 VancouverBurnaby If you do not pay your taxes and any late-payment penalties in the current tax year, your account will become overdue. … Read more
Vancouver rents stop growing, listings spike amid new taxes and renter protections: data The cost to rent a unit across Vancouver hasn’t exactly dropped, but it hasn’t grown much over the past three months, either. The latest report shows that rent prices have “flatlined since March” for most types of rental units. Click here to read … Read more
Ever dreamed of living in a place that communes you to both nature and contemporary lifestyle? The buzz is on at Epic at West being the latest development at the side of breathtaking Vancouver, Southeast False Creek, that bringing everything you need for a lifestyle upgrade and vibrant, endless possibilities. Epic at West is the culmination of Executive … Read more
Real Estate is a wonderful investment, though, it can be intimidating to get into your first real estate purchase as you often need either 20% down to buy a rental property. This can be a good amount of money, especially if you are trying to find a property which will net you a stable income. … Read more