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only-way-avoid-empty-home-tax-blog 24 May

What You Need to Know to Avoid Empty Home Tax in Vancouver

24 May
Leo Chrenko 0

As a residential property owner in Vancouver who keeps a second home or holding it as an investment for rentals, you need to know your landlord rights so as not to get caught off guard with the implemented Empty Home Tax (EHT), also known as Vacancy Tax, for under-utilized residential properties. If you’re not actively utilizing your property as a…

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sample-properties-you-can-purchase-10k-savings-blog 20 May

Sample Properties You Can Purchase with 10k in Savings

20 May
Leo Chrenko 0

Real Estate is a wonderful investment, though, it can be intimidating to get into your first real estate purchase as you often need either 20% down to buy a rental property. This can be a good amount of money, especially if you are trying to find a property which will net you a stable income. However, there are a few…

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managing-short-term-resort-rental-properties-need-know-featured 17 May

Managing Short-Term & Resort Rental Properties: What You Need to Know

17 May
Leo Chrenko 0

Resort and short term rentals can be a great way to earn money, however, this isn’t a line of work that should be jumped into without proper preparation. Short term rental lease has different demands compared to standard property letting and these can be quite a shock to the system for those who have only dealt with standard property leases in the past. If…

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3-things-remember-buying-first-investment-property-blog 13 May

3 Things to Remember When Buying Your First Investment Property

13 May
Leo Chrenko 0

Buying your first investment property can be a major challenge if you just starting out as a potential landlord. Being a landlord is a desirable goal because it allows you to build a recession-proof asset in your properties. Before you can get to many properties, you have to start with one property. This chapter will examine three key things you need…

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6-small-apartment-amenities-attract-renters-blog 10 May

6 Small Apartment Amenities to Attract New Renters

10 May
Leo Chrenko 0

As a property owner, you understand that you need to do whatever you can to make your property stand out to renters. One of the best ways to do this is to offer amenities. What do amenities mean in apartments? Amenities refer to additional perks that a renter will have when they choose your property, such as a swimming pool or laundry…

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expect-tenant-files-bankruptcy 03 May

What to Expect When Your Tenant Files for Bankruptcy

03 May
Leo Chrenko 0

The biggest concern any landlord has when finding a tenant is finding someone that is going to pay their rent. However, sometimes problems do come up and you have to understand everything you can about things like evictions and bankruptcy. The problem with tenant bankruptcy is that it offers its own difficulties for the landlord. Understanding tenants in common bankruptcy will help you to…

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collecting-rent-blog 29 Apr

The Dynamics of Collecting Rent: The Do’s and Don’ts

29 Apr
Leo Chrenko 0

As a business owner operating as a landlord, you would understand that the actual sale in your business is the rent you collect. Collecting rent means having cash flow to operate your business, have enough fund to set aside to pay for repairs and maintenance, or pay any due tax on your property. That said, you simply can’t afford the…

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unfair-reviews-online-blog 26 Apr

Should Landlords Sue if Tenants Post Unfair Reviews Online?

26 Apr
Leo Chrenko 0

Social media can be both a blessing and a curse for all business owners, including property owners. This gives users a platform to share with everyone their experiences, whether they are good or bad. Think about when you had a really terrible experience with a business. You probably couldn’t wait to post about it on your social media account to…

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hurricane-blog 19 Apr

Hurricane Season: What Property Managers Can Do Before, During, and After Extreme Weather

19 Apr
Leo Chrenko 0

This chapter will give landlords hurricane tips for rental properties as hurricane preparations look to be an increasing need given recent weather patterns. It is important to do some preparation before any event might happen. You should know your own limits and ability to do repairs as well as the coverage you have for all of your buildings. Finally, you should also…

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10 House Amenities You Shouldn’t Have at Your Rental Property 22 Mar

10 House Amenities You Shouldn’t Have at Your Rental Property

22 Mar
Leo Chrenko , 0

It is difficult to choose which house amenities your property should have. House amenities vary somewhat depending on location and the architecture; however, there are certain items which you should never have in your rental property. Certain items are impractical for making long-term rental income even if they are convenient in your home. This article will highlight the top items. Rate This Post

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Preventive Maintenance For Rental Properties 18 Mar

10 Interior and Exterior Preventive Maintenance for Rental Properties

18 Mar
Leo Chrenko 0

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 can help you examine which…

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4 Things To Consider When Buying A New Central Unit For Your Rental 08 Mar

4 Things To Consider When Buying A New Residential Central Air Conditioning Unit For Your Rental

08 Mar
Leo Chrenko 0

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. Choosing a cheap one…

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How to Triple Your Rental Profits with AirBnB 27 Dec

How to Triple Your Rental Profits with AirBnB

27 Dec
Leo Chrenko 0

How to Triple Your Rental Profits with Airbnb Airbnb is a wonderful resource for landlords as they try to increase their profits. Long-term rentals can usually go for $900-1000/month while the same place can be sold for $100-120 per night for a short-term or vacation stay. The difference in earning potential between short-term and long-term rentals can be a major…

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Chanfes to residential tenancy 06 Dec

Changes to Residential Tenancy Act BC

06 Dec
Leo Chrenko 0

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…

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