Changes to Residential Tenancy Act BC

06 Dec

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 be no longer able to…

Managing a Property in a Vacation Area

21 Nov

Let’s face it; self-managing a property in a vacation area is no picnic. It can be not only time-consuming but also quite stressful, if not downright daunting. You will have to find ways to attract guests, set a fair price, clean, renovate, and whatnot – the whole shebang. Tellingly, you need to hire a professional company to manage your property…

What to do after sending the notice to end tenancy

19 Oct

 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 found your tenants, dealing with…

Terminating a Tenancy

11 Oct

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.

What Makes the Ideal Landlord?

02 Oct

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 Ideal Landlord? Of course, being…

Dealing With Difficult Tenants

22 Sep

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 month after month. Don’t get…

Property Management 101: Quick and Straightforward Guide To Marketing Your Rental Unit

19 Sep

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 the crowd. Make sure potential…

5 Ways To Keep Good Tenants

02 Sep

The whole point of being a landlord is always to have a constant flow of income from tenants. The problem is that you cannot bring in money this way without having tenant stability. As a landlord, tenant stability is crucial to your bottom line. If you seem to be struggling to keep good tenants longer, you could benefit from some…

How to Get a Property Managed if You are a Non-Resident

21 Aug

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 to non-residents that you should…

How to Make Your Rental Home Stand Out

22 Jul

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 property management company in…

Are Property Managers Worth the Cost in Vancouver?

07 Jul

A financial analysis of why it’s worth the cost of hiring property managers in Vancouver When you purchase your first income property, the first question that usually follows is whether or not to hire property managers. Often, a new property owner will consider if they have the time to manage the property on their own and weigh that against the…

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