In this chapter, I will discuss charging for house repairs. Even if, you as a landlord decide to do the repairs yourself. House repairs can often be a great expense so it is reasonable to charge renters if their conduct has caused damage to the property. Your job as a landlord is to make sure the house is habitable. This is…
29 Mar 3 Steps for Choosing Quality Tenants for Your Rentals
29 Mar 0
Screening prospective quality tenants is never a desirable thing to do. Very few people like digging into the private lives of others. However, as a landlord it is very important that you find quality tenants who will not damage your property.
22 Mar 10 House Amenities You Shouldn’t Have at Your Rental Property
22 MarIt 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.
18 Mar 10 Interior and Exterior Preventive Maintenance for Rental Properties
18 MarPreventive 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…
14 Mar How to Choose The Best Property Management Company
14 MarJust when you thought you’re going to get a good sleep and you receive a phone call from a loud woman. Guess what, it’s your tenant, telling you to fix their leaking faucet at 10 PM. Maybe it’s time to look for the best property management company? How To Choose a Property Management Company Have you ever had that moment in…
08 Mar 4 Things To Consider When Buying A New Residential Central Air Conditioning Unit For Your Rental
08 Mar 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…
14 Dec 15 Winter Landscaping Tips to Keep Your Property Looking its Best
14 Dec 0
Winter can be the bugbear for gardeners but if you follow these landscaping tips then you’ll have a garden to be proud of. With lots of ways to leave your garden looking stunning, even over winter, these landscape design tips will keep your garden looking bright and colorful even on the greyest of days. So take a look at our…
06 Dec Changes to Residential Tenancy Act BC
06 Dec 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…
06 Dec Property Tax Saving tips for Landlords
06 Dec 0
One of the first steps to becoming a landlord is to think about how owning a property will affect your income. As a landlord doing solo property management, you will want to make money. One of the ways you can save money is by tax planning.
26 Oct Landlord Tenant Problems : When to take legal action
26 OctThere may come a time in your career as a landlord in which legal action will become necessary. Some landlord tenant problems are minor but could escalate.
19 Oct What to do after sending the notice to end tenancy
19 OctYou’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…
What Makes the Ideal Landlord?
02 Oct 0
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…
27 Sep After Acquiring Tenants
27 SepSo, you’ve found your perfect tenants. You did thorough interviews and investigations into your tenants’ employment, renting history, and character and settled on the ideal tenants. You even discussed the bc tenants rights. What’s next after acquiring tenants?
Dealing With Difficult Tenants
22 Sep 0
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…
19 Sep Property Management 101: Quick and Straightforward Guide To Marketing Your Rental Unit
19 SepThe 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…
12 Sep Property Management 101: Getting Started
12 SepIf you’re looking into becoming a landlord, you may need some help with how to get started. There’s a lot to do in property management and a lot of laws you need to know about, things can get confusing. For instance, when you search for tenants, is it okay to exclude those with children? Can you evict a tenant for…
02 Sep 5 Ways To Keep Good Tenants
02 Sep 0
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…
29 Aug Three Powerful Ways To Maximize Your Vacation Rental Marketing Plan
29 AugThe over saturated vacation rental property market is cut-throat. Due to its over saturation, you have to be sure your marketing plan is top notch so you can stand out amongst the crowd. You need to make sure your potential renters know why your property is better than the others. You want to be as descriptive as possible and price…
21 Aug How to Get a Property Managed if You are a Non-Resident
21 Aug 0
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…
29 Jul How to Raise the Rent on Your Tenants as Painlessly as Possible
29 JulWhen you raise the rent on your tenants, it can be a difficult thing regardless of your reason. You shouldn’t raise the rent for no reason, but expenses or the cost of living – raising is a reasonable cause for a rent hike. However, it’s important to keep in mind that raising the rent might cause the tenants to move…