As a homeowner, letting your property out to a tenant is a big deal. You’ll probably be conscious of how your tenant will treat your home. Renting out your home isn’t a light decision, but it can be well worth it. However, having a rental property isn’t just about collecting rent. Your duties will also … Read more
As a real estate investor, knowing how to set a rental price for your investment property is important. We go in-depth about why it’s essential to set the right market rent for your home, and you can read more about this topic [HERE]. Understanding the rental value of your home is important to managing your … Read more
There has been much written on BiggerPockets recently about property management – Do you use a professional property manager? Should you use a professional property manager? What do they do? Are they worth it? I’d like to discuss who we are as property managers, what property managers should offer, and why I think property management services can … Read more
Very often, people purchase vacation rental properties because they want to have a vacation home for their family to enjoy. And, by turning the property into a rental investment, they can cover the costs of maintaining the house throughout the year. In many cases, if the property is in regular use, it means the owner … Read more
Everyone knows that you can use Airbnb to rent out your vacation property. That you can earn money from your primary residence while you’re out of town. Or even that you could make a side income by letting out an extra room in your home to budget-conscious travellers. The system has become so ubiquitous that … Read more
When you think of how Airbnb has turned an entire industry on its head, it’s pretty amazing. Just 11 years ago, it was two roommates in San Francisco looking to help pay their rent by offering short-term rentals of their air mattress. The company that was initially called Airbedandbreakfast.com, today has more than 4 million … Read more
Sometimes it seems like the Vancouver and Whistler real estate markets are so far-saturated that they won’t make suitable investments. For anyone just now considering their first rental property(s), there is a real fear that the moment may have passed. Even buyers looking to invest in vacation properties have had concerns that it’s not the … Read more
They’ve long been telling us that one-day smart devices would solve all of our problems. Articles going back 15 years were talking about refrigerators that would give you health tips and reorder your favourite foods before you ever run out. The future was going to be a technological marvel. Well, the future is now. While … Read more
If you operate a rental property in British Columbia, you will want to be regularly following the Provincial Government’s annual rental increase allowance rate. For 2020, the rental increase allowance is 2.6%. As a landlord, rental increases are what allows you to make proper capital expenditures to maintain your property in a state of good … Read more
Being a landlord is not a very easy job. This can be proven by a lot of landlords who manage a lot of properties. You might see on televisions and magazines that being a landlord is an easy life but this is not always the case. You have to dedicate every hour of the day … Read more
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
In this modern era of constant security checks when flying anywhere, although it may not be true that there are only two types of baggage, carry-on and lost, it certainly is true that more baggage you do travel with, the more troublesome your baggage becomes. It is certainly possible your baggage could be lost. Therefore … Read more