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 So, you’ve found your perfect tenants.
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 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…
12 Sep If 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 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 The 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 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 When 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…
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…
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…
29 Jun After declaring that your property is up for rent, you may be thinking to yourself “How do I find a tenant for my rental property?” With my experience from working with my property management company in Vancouver, I understand that it is a struggle if you are a new landlord and if you do not have a process in place….
21 Jun Ryan owns a home in Vancouver BC, but he travels a great deal for business. He used to worry about his house while he was away, especially for long periods of time. He didn’t know anyone that could check on his house while he was away but he really needed to ensure that property management and upkeep were provided for…
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…
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…
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…
08 May You may think that rental property is pretty straightforward. You just have to pay the mortgage and other fees like taxes or property maintenance and you can just take the rest of the profits to the bank and pay absolutely no other rental costs. What you may not realize is that there’s a lot of hidden costs of renting a…
26 Apr Being a landlord is not quite as simple as purchase a property and renting out the units you need to learn the tenant and landlord laws.
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…
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…