16 Apr The Canada Emergency Response Benefit With many of us suddenly unemployed and no definite end in sight, the workforce as a whole needs somewhere to turn. The Canada Emergency Response Benefit (CERB) aims to address the financial needs of the citizens by providing a temporary “income” of $500 per week to each recipient. Both Service Canada and the Canada Revenue…
14 Apr COVID-19 Measures Expected to Last Until Summer As Canadian’s are already well into their social distancing and preventative measures amid the COVID-19 crisis, the question on everyone’s mind is as to when this will all end. As numbers are spiking every day and Canada’s COVID-19 cases now over 11,000 as of April 3rd, the government officials say, we are far…
10 Apr Keeping You and Your Tenants Safe The government has announced recommendations and restrictions to ensure the safety of both tenants and landlords during the pandemic. Social Distancing in Shared Spaces Restricting Usage of Common Areas – Limiting the use of common areas by tenants or guests. Rent does not have to decrease because of the closures of public spaces like…
08 Apr Don’t Panic – Buy and Stockpile Amid the Coronavirus Crisis By now, it should go without saying that stockpiling and panic-buying does no help to anyone. Though feeling panicked and afraid is entirely reasonable throughout a global pandemic is entirely normal, we need to be careful how we react amid these times. Getting wrapped up in the panic and mob…
06 Apr COVID-19 Update: BC Residents Can Receive a Three-Month Credit on Hydro Bill With the growing crisis around COVID-19, the government is scrambling to find ways to ease the strain on businesses and people across the province. In the newest statement from Premier John Horgan and Minister Bruce Ralston, it was announced that B.C. Hydro and the Government of British Columbia…
03 Apr Updates for Owners and Tenants:Rent Freezes, Evictions and End of Tenancy With the State of Emergency declared by the provincial government, and businesses all over the country being forced to close doors amid the coronavirus outbreak, renters and tenants alike have questions on what this means for them. The provincial government has released a few updates to help ease the…
02 Apr Financial Support for Tenants and Owners during COVID-19 With the whole province under a State of Emergency, and the government mandating the closure of non-essential businesses, finances are tight for countless Canadians. Thus, the provincial and the federal government have begun to find ways to support those who need it the most so we can all get through the global…
30 Mar What Landlords Need to Know During COVID-19 pandemic The global market has frozen. Trade has halted as countries close their borders and are taking drastic measures to manage and combat the disease amongst their population. The economic effect has been immense with global supply chains ceased, businesses shuttered as customers are homebound, and repercussive squeezes in the labour market as…
28 Mar The guide on renting out your property during the COVID 19 crisis Our world has literally changed overnight. Amid the COVID 19 health crisis, all of us need to do our part and practice social distancing in order to keep safe and contain the virus. If you are a landlord looking to rent out your property, you might be asking…
15 Mar Real estate investing is one of the most profitable asset classes you can invest in. One of the best ways to profit from it is by renting it out. But not all investors are making a good income from it. In this article, we’ll show you how to increase your rental property profits. How Much Profit Should You Make For…
13 Mar Thanks to the rise in visitations, housing has become a major business in this part of British Columbia. Short term rentals like Airbnb have been on the rise. That’s why the government created some short term rental rules in Whistler to regulate the industry. These rules are designed to protect everyone involved in the business. Whistler seems to have become…
12 Mar If you’re thinking about selling your real estate property – whether it be residential or rental, you need to up your property’s curb appeal. This article will give you quick and inexpensive curb appeal ideas that will help you sell your home faster. It will also increase the value of not just your house, but also your neighborhood. What Is…
07 Mar It is no secret that Real Estate is one of the best investment vehicles where you can put your money to achieve your financial goals. That is why a lot of people are attracted to this lucrative investment. But what is the best type of investment property out there? There are 5 types of investment property that many investors consider…
06 Mar In 2018, a new law about short-term rental taxes in British Columbia came into effect. It has affected short-term rental businesses such as Airbnb. This article will answer the top questions you might have when it comes to taxes about short-term rentals – especially in British Columbia. What is MRDT Tax BC? The MRDT or Municipal & Regional District Tax…
05 Mar One of the most famous real estate investment strategies out there is the “Buy and Hold” strategy. That means buying a real estate property then holding on to it until the property increases in value. Once it does, you sell it and profit on the value increase. But did you know that your income from that strategy is taxable? In…
01 Mar A lot of aspiring investors are wondering, “Is rental property a good investment?” Like any investment vehicle, investing in real estate has risks. Especially if you don’t know what to look for in a property. Rental properties remain to be one of the best asset classes you can invest in. It’s an investment vehicle that can potentially bring you solid…
29 Feb Many people across the world are intrigued by the idea of starting their own Airbnb business. After all, when it comes to side-hustles, renting out a part of your house to passing vacationers is probably among the easiest and simplest business there is. And with an international network, the potential for some serious income is amazing. But with a big…
28 Feb When homeowners and real estate investors like you invest a property, you expect to have income and positive cash flow from it. But what if you suddenly had plans of selling the rental property? This blog post will list down everything you need to know on how to sell your rented property in Vancouver, Whistler, and other regions of British…
27 Feb If you own a vacation rental property in Whistler, you have no doubt noticed that the costs of ownership have been steadily rising throughout the last number of years. As an owner, these additional expenses eat into your revenues and can hinder your ability to maintain your investment over the long term. So how do you keep these rising costs…
21 Feb Airbnb is one of the hottest ways to make some extra money, especially when you have some space you can spare. A lot of homeowners jump into this bandwagon. But not everyone who does is ready. That’s why there are a lot of common mistakes airbnb hosts make. If you’re planning on using Airbnb to make some side income, you…
