Being a landlord is not quite as simple as purchase a property and renting out the units you need to learn the tenant and landlord laws. You need to keep in mind that you are dealing with people and there are laws that you need to pay attention to if you are going to have … Read more
A landlord’s dream is to ensure that tenants are happy and stay in their rented space for the long haul. Therefore, it’s essential for landlords to create and implement a plan to retain tenants in their properties. Landlords will want to retain tenant’s stability, which is a tenant who stays in your property for four … Read more
A landlord’s dream is to ensure that tenants are happy and stay in their rented space for the long haul. Therefore, it’s essential for landlords to create and implement a plan to retain tenants in their properties. Landlords will want to retain tenant’s stability, which is a tenant who stays in your property for four … Read more
Throughout the years, dog and pet owners have made notions of changing the tenancy laws in British Columbia. As a landlord, being fair is only compulsory but you do have the power to enforce restriction based on your preference. Last year, Jess Nelson, a dog owner in North Vancouver made an appeal to change British … Read more
Now, what happens when that contract ends? Many problems can occur before and long after the tenant leaves. If you are unsure of what needs to be done when ending a lease then read on! A fixed term tenancy or more commonly known as a lease is a contract between the tenant and landlord that … Read more
Let us skip to the after-market undertakings. Finalizing a deal with a new tenant is a reward in itself. After all, your unit is no longer vacant and probably all the advertising, preparations, and other endeavors to get your place rented out has finally paid off at this point. But what do you need to … Read more
What it is and why it is important? Most rental property owners in British Columbia come across one impending question early on in the stages of their business: What is your most important concern as a landlord? For most rental property owners, the biggest concern would probably be about finding good tenants for their vacant … Read more
The question of whether or not to include utilities in the rental price has been one that has landlords and property management companies going back and forth on for years. The trend seems to shift depending on what the rental market is doing at the time. In the 1990’s, with higher rental vacancy, the trend … Read more
When it comes to renting, both the tenants and the landlords have specific rights and they share responsibilities in order to make sure that the tenant is renting the right way and that the landlord is provided all that is needed. This is a way to avoid unwanted situations such as disputes or discrepancies in … Read more
Finding the ideal tenant is one thing that every landlord should aim for as well as keeping the vacancy rate low if not, at a complete zero. An ideal tenant would be a person who is responsible enough to pay the rent on time, considerate enough to avoid disturbing their neighbors, have no conflict with … Read more
If you have the choice to own an asset, owning one that produces income is much better than owning an asset that expends income. If you own a house or apartment for your own residence, for example, you need to pay for maintenance, repairs, taxes, mortgage interest, landscaping, utilities, or strata fees that cover some … Read more
Running a rental property is not as easy as it sounds. Landlords do more than maintain the place and collect the monthly rent. So here are some of the best practices from the experts in the business. You probably know by now that being a landlord can be extremely overwhelming. Just like with any business … Read more