Preventive 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 … Read more
Just 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 … Read more
Did 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. … Read more
Where 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. There are many aspects of having an ideal home. In this chapter, … Read more
Winter 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 … Read more
On 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 … Read more
You’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 … Read more
Prior 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. Ending A Fixed Term Tenancy A tenant who gives written notice to ending a fixed term tenancy agreement before the … Read more
Now that we’ve covered tenancy basics let’s discuss how to be better prepared for tenant problems that may arise during your time as a landlord. You have to make sure your building is fully up-to-date with codes and policies and, if not, that you make the necessary repairs. You also may have issues with tenants … Read more
Attracting and retaining good tenants isn’t always a walk in the park. In fact, the cost of getting rid of bad tenants can be quite expensive. Frequent repairs, vacant home expenses, and your own personal time and effort can quickly rack up. That’s why it pays to be a great landlord. How to Be an … Read more
Dealing with difficult tenants can make your job as a landlord incredibly hard. And let’s face it; if you don’t do a bang-up job screening them out, these bad tenants can slide into your property. Some will play ridiculously loud music to the wee hours of the morning, while others are notorious for late payments … Read more
If you’re interested in getting into the rental property game in Canada, but don’t live there, you’re probably wondering how to go about it. Is it even possible to become a landlord in Canada if you don’t live there? The simple answer is, yes it’s possible. There are some special rules and taxes that apply … Read more