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
When renting out a property, it’s important to start off on the right foot with your new tenants. A good landlord and tenant relationship could make all the difference in the protection of your property and the entire leasing process. Being polite to your tenants, hearing their complaints and handling them professionally, and giving them … Read more
After declaring that your property is up for rent, you may be thinking to yourself “How do I find a tenant for my rental property?” With my experience from working with my property management company in Vancouver, I understand that it is a struggle if you are a new landlord and if you do not … Read more
When you raise the rent on your tenants, it can be a difficult thing regardless of your reason. You shouldn’t raise the rent for no reason, but expenses or the cost of living – raising is a reasonable cause for a rent hike. However, it’s important to keep in mind that raising the rent might … Read more
We know that there are so many other rentals out there on the market, making it somewhat difficult to attract the attention of renters.Our company has been doing this over the years, so we know exactly how to make your home stand out from every other one on the market as we have been a … Read more
