5 Tips for Collecting a Security Deposit from Renters

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1. Collecting a Security Deposit: Make Sure the Security Deposit is Part of the Rental Agreement BC tenancy laws enable landlords to collect a deposit in trust as security against damage to your property—albeit within strict guidelines. As a landlord, you can ask for a maximum security deposit equal to a half month’s rent at … Read more

Property Management 101: Quick and Straightforward Guide To Marketing Your Rental Unit

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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

WHAT TO DO AFTER ACQUIRING TENANTS

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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

Property Management 101: Getting Started

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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

What to do after sending the notice to end tenancy

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 You’ve sent the notice to end tenancy, they accepted it, then they moved out, now what? We’ve already discussed how to go about ending the rental agreement, but what happens once that’s over? So far, we’ve covered how to get started as a landlord, how to market your rental unit, what to do once you’ve … Read more

Terminating a Tenancy

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Prior to ending a fixed term tenancy, it is the responsibility of the landlord and tenant to either re-negotiate the terms of the rental agreement or to terminate the tenancy agreement upon its end date. Ending A Fixed Term Tenancy A tenant who gives written notice to ending a fixed term tenancy agreement before the … Read more