Packing to move can be a chore, but you can make things easier for you. It’s not a good idea to just randomly pack as this can lead to issues and you may break things once you unpack them at the new residence simply because you don’t know what is in the box. Here are … Read more
I have learned a lot over the years when it comes to property management. Our guide to property management provides you with some great tips to help you better manage your properties. Attracting You Tenants Decide the rental rates of your property ahead of time Make a rental ad that stands out and is unique … Read more
The purpose-built rental buildings are excluded from the definition of residential property under the Speculation and Vacancy Tax Act, and exempt from the tax. But the owners still need to file a one-time declaration for the exemption. The deadline to file for the exemption is March 31, 2019. Learn more about the update at LandlordBC website or visit speculation … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
As a residential property owner in Vancouver who keeps a second home or holding it as an investment for rentals, you need to know your landlord rights so as not to get caught off guard with the implemented Empty Home Tax (EHT), also known as Vacancy Tax, for under-utilized residential properties. If you’re not actively … Read more
Daily Habits for Real Estate Investors Who Seek Financial Freedom Any long-term hopes and dreams require breaking tasks down into simpler steps. Real Estate Investment is a long-term investment and there is not a clear end marker on it. Yes, buying a property and getting renters are key steps, but financial goals are different for … Read more
There 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. Whether it is necessary due to tenants refusing responsibility for the repairs of damages they committed or a need for eviction, legal action may be required. You will need … Read more
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 … Read more
The information necessary for new landlords to accumulate and absorb can seem beyond overwhelming. It’s important not to let any of it fall through the cracks, as you could find yourself in legal trouble. We made your life a little easier by putting all the information about tenancy agreements in one place that you could … Read more