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COVID-19: BC HYDRO Financial Relief Opportunity

04 May

BC Hydro Financial Relief With not only our nation but our entire world in the middle of a crisis, many of us have lost our income, and for how long no one knows. This affects everyone, because everyone is at risk of catching COVID-19, becoming unemployed, or incurring huge amounts of debt due to a loved one becoming sick or…

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COVID-19: SUPPORTS FOR SMALL AND MEDIUM BUSINESSES IN B.C.

29 Apr

Resources for Small Businesses Affected by Coronavirus The Provincial and Federal Governments are providing a wide-range of supports for businesses in British Columbia which are facing hardship as a result of the global COVID-19 outbreak. This list of supports is subject to change. Please contact support providers directly for eligibility and application details! 1. Work Sharing Program The government is…

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Renting out your property during the COVID 19 crisis

28 Mar

The guide on renting out your property during the COVID 19 crisis Our world has literally changed overnight. Amid the COVID 19 health crisis, all of us need to do our part and practice social distancing in order to keep safe and contain the virus. If you are a landlord looking to rent out your property, you might be asking…

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A Comprehensive Guide to Being a Better AirBnB Host

15 Jan

Airbnb continues to be a great platform to turn available space into a profitable business. For people with extra rooms in popular cities or vacation homeowners looking to monetize their property when it’s not in use, there is something for every kind of traveller.  In the early days of Airbnb, the target market tended to be a little more frugal,…

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The Pros and Cons of Allowing Pets on Your Rental Property

09 Dec

The regulations surrounding what rules a landlord can enforce regarding pets in their rental unit fall under provincial jurisdiction. As such, there are a variety of laws nationwide that govern precisely what recourse an owner has when it comes to enforcing a pet policy. In British Columbia, Section 18 of the Residential Tenancy Act, allows landlords to restrict pets completely,…

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How To Get More Rental Booking During Off Season

29 Mar

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…

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5 Ways To Keep Good Tenants

26 Feb

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…

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

30 Jan

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…

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How To Be a Successful Landlord

23 Jan

If you are on the road to becoming a successful landlord, then here are a few things that you should consider doing consistently to become a successful landlord: Run Your Property as a Business Don’t treat your property as your personal bank account, run it like a business with its own bank account, profit and loss and contingency funds. You…

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6 Things You Should Not Do as a Landlord

16 Jan

6 THINGS YOU SHOULD NOT DO AS A LANDLORD If you’re a new investment property owner you’ve probably realized, there’s a lot to learn! Here’s a list of things on the absolute do not do list… trust us, avoiding these things will save you lots of time and money. 1. Don’t Assume Your Property Will Always Be Rented Don’t…

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10 Questions You Must ask a Property Management Company Before you Hire Them

02 Jan

Out of all the things you could have invested in you decided real estate was probably the best option for long-term growth. And so, you’ve decided to purchase an income property or maybe income properties. Of course, you’re not, nor have you ever been a property manager and the idea of being on call 24-7 to deal with tenant…

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

28 Nov

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…

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How to Maximize Your Rental Marketing Ideas

24 Oct

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…

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

17 May

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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