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Are Property Managers Worth the Cost in Vancouver?

07 Jul

A financial analysis of why it’s worth the cost of hiring a property manager 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…

How To Get More Guest Reviews For Your Rental Home

14 Jun

I have seen many rental home owners spend a lot of time and effort on achieving the best location and price for their property. This is important for making the best possible profit from a rental, but there is more that can be done after these stages. I do this by cultivating positive guest reviews, which I’m more in control…

How To Get More Rental Booking During Off Season

08 Jun

Are you always busy during peak season? Getting lots of calls, reservations, and requests but find yourself worried when offseason arrives? This is a common problem that some owners like you have with certain properties in tourist areas like Whistler. You may be making a significant amount of money for the rest of the year, but then lose out when…

How To Find A House to Rent

30 May

How many times have you encountered a scenario where you thought the house to rent was the perfect one for you until a couple of months down you faced a lot of problems? It was said that the City of Vancouver aims to have 5,000 new rental units built by 2021. Having these numbers in mind, what are you doing…

How to Maximize Your Rental Marketing Ideas

18 May

Many new landlords think that the only way to market their rental property is by putting an ad on Craigslist or just posting on social media. While that is a good rental marketing idea, you should refine it and make it a better strategy. As the landlord, you need to treat your rental property as your business. This means everything…

How To Create A More Stable Environment for Your Tenants

17 Apr

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 or more years. The worst-case…

9 Common Problems of a Landlord ( and How to Fix Them )

27 Mar

Venturing into the world of real estate is an attractive option for many reasons – why else would so many individuals decide to take the leap and make such a significant investment like this one? Having said that, despite the numerous reasons that make Real estate investment a desirable one, there are also several that can make it a truly…

Managing tenants with pets

14 Mar

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 Columbia’s tenancy laws regarding tenants…

How Tenant Insurance Protect Your Renters

11 Feb

Now what if you have found the perfect tenant? What do you think are the top concerns of any tenants? Once you have finalized a deal with a new applicant, you’ve just completed the puzzle of your new investment, adding the tenant to your rental unit. Now let the cash flow! But just like with any business, you need to…

Landlord’s Insurance: What it is and why it is important?

03 Feb

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 units. But aside from that, you should be looking into a landlord insurance…

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