Having your own property for rent can bring you an indefinite stream of income that many people want. However, if you are new to the game, it takes some time, patience, and capital in order to succeed. If you are not a well-organized landlord, you might not be able to find trustworthy tenants that will … Read more
Congratulations, 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 tenant’s rights. What’s next after acquiring tenants? Once your tenants signed the rental agreement, there are some things you need to take care of … Read more
Now what if you have found the perfect tenant? What do you think are the top concerns of any tenants? While tenant insurance is usually neglected, let me share with you a property manager perspective in this matter. Once you have finalized a deal with a new applicant, you’ve just completed the puzzle of your … Read more
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 … Read more
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. I’ve prepared three property tax saving tips for landlords … Read more
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 … Read more