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How to Price your Rental and Why Renting Above or Below Market Is Not A Good Idea

Establishing the rental price is critical to generate returns from your rental property as an investment owner. You are in the driver’s seat when it comes to setting the right price. Your decision now will be a chief factor in your returns in the long run.  The Art of Establishing the Right Rental Price  If … Read more

WHY YOU SHOULD ALWAYS GIVE YEARLY RENTAL INSPECTIONS

WHY-YOU-SHOULD-ALWAYS-GIVE-YEARLY-RENTAL-INSPECTIONS

You get lots of questions like “What’s it like?” and “Tell me a crazy landlord story.” If you’ve been a landlord for a long time, you’ve probably got some funny, inspiring, crazy, and educational stories to tell regarding Rental inspections. In the project called The Landlord Chronicles, Chad Gallagher and Matt Faircloth have assembled a … Read more

END OF TENANCY

END-OF-TENANCY

You may not realize just how many essential procedures must be completed by a landlord at the End of tenancy. The goal here is to help landlords better understand these requirements, particularly where it comes to handling deposits and move-out inspections. The unfortunate reality of tenancy is that they don’t always end positively, meaning that … Read more

HOW A TENANCY ENDS

HOW-A-TENANCY-ENDS

It is possible to end a tenancy without complication as long as all of the RTB processes are understood and followed correctly. The following explanations will provide more information about the forms that are used in the process of ending a tenancy. FIXED TERMS There are several important things to be aware of in relation … Read more

5 TECH TOOLS THAT MAKE A LANDLORD’S LIFE EASIER

5-TECH-TOOLS-THAT-MAKE-A-LANDLORDS-LIFE-EASIER

Nobody ever said becoming a landlord was easy, thats why we outlined below 5 tech tools for Landlords. Of course, the likelihood of passive income from property ownership appeals to many people. However, property management is not a passive activity. Aside from collecting rent regularly, you must also manage property repairs, vacancies, disputes, and emergencies. … Read more

BEGINNING A TENANCY

Begining-of-the-tenancy

After a tenant has been chosen it is important that both of you communicate clearly to ensure that you and the tenant understand both your rights and your responsibilities and are therefore fully protected in the case of something going wrong. If something does go wrong, having this initial paperwork helps to ensure that the … Read more

SELECTING THE RIGHT TENANT – BEFORE TENANCY

SELECTING-THE-RIGHT-TENANT-BEFORE-TENANCY

Making sure that you have a water-tight selection process for potential tenants is essential for any landlord. While parts of the process may vary from person to person, there are some elements of the selection process that every landlord needs to consider. These include; Applications PIPA The Human Rights Code Credit Checks References Tenant Application … Read more

FIRST-TIME BUYER CHECKLIST

FIRST-TIME-BUYER-CHECKLIST

In 2018, 66.2% of first-time buyers in Canada bought their homes because they wanted to become homeowners, with 50.6% of these buyers under 35 years of age. If you are a first-time buyer, you will generally have more questions than someone who has already gone through the process. Some of the questions you may have, … Read more