When you decide to purchase an income property for the first time, there is always going to be a bit of a learning curve. Especially if you decide you are going to manage the property yourself. Everywhere you look there are going to be friends and relatives with advice; magazine articles with tips and tricks; … Read more
It’s finally summertime. Time to relax with the family and enjoy those long sun-filled days with good friends and a little BBQ. However if you own an investment property, summer is also when you need to get some pretty important maintenance items checked off your to-do list. And of course, the more rain we’ve had … Read more
Stand Out from the Rest Rental property is a wonderful form of income but a vacant property can actually cost you if left too long. When it comes to attracting tenants, the best way to do so is by ensuring that your listing has all of the elements a renter wants. When there is a … Read more
With the vacancy rate in Vancouver reaching the lowest it’s been since 2008 it’s tempting just to jump on the first rental property you find that seems half-way decent. That said, the only thing worse than not being able to find a rental that fits your needs is being stuck in a lease with a … Read more
Trying to figure out whether you need to hire a property manager can be difficult, especially in a highly dynamic and unusual real-estate market like Vancouver. There’s so many different factors to consider! That’s why we’ve compiled all of them into this handy decision chart infographic that will help you figure out whether it’s better … Read more
Property is hot. Especially in Vancouver. The stock market is all over the place; interest rates are still very low. And for these reasons so many people are looking to buy into real estate and buy a lot of it. If you are one of these new property investors, who has bought one, two, or … Read more
Some say it’s a bubble, others say there’s still tons of upside potential, either way, the Vancouver real estate market is without a doubt, unique. Whether you think rising interest rates will begin a correction, or you believe that the falling of the Canadian dollar will further fuel foreign investors to buy property in Vancouver, … Read more
You’re thinking of buying an investment property, and you’re asking yourself, is this something I can manage on my own or do I need help? Which today often means, do I want to use a property management company or list it myself on Airbnb? Ever since Airbnb moved from being a place for wayward backpackers … Read more
HOW TO FIND A GOOD RENTAL PROPERTYBuying rental properties could be a good financial move to make and an excellent choice to take since it’s one of the fastest and most secure way to build wealth. However, as in most real estate investment, a lot of hard work and supreme patience must be invested in … Read more
Landlords will agree with me that most of the temporary vacancies are caused by the tenant turnover. Tenant turnover is basically the time between on tenant moves out and the other one moves in. This is not an issue if you manage to place a tenant at the same time when the previous tenant is … Read more
Identify what your needs are: How flexible are you about where you want to live? normally, your rental choices are restricted to whatever is available in that area and what is also affordable. There may be things you will have to compromise. Like, do you need to have public transit within a short walk of … Read more
General sources Newspapers servicing your search area, including free ethnic papers and community papers. Free publications, often found in local retail stores,that publish rental accommodation ads. Check bulletin board postings at libraries, community centers, grocery stores, laundry mats and places of worship. Word of mouth. For students, campus housing offices. Check with local real estate … Read more