Minimizing Tenant Turnover Expenses
When you decide to manage all the day-in-day-out aspects that come with owning an investment property you will no doubt digest every bit of information you can find on getting the right tenants. How to screen them and check the details of their applicati...
Read MoreEmpty Home Tax : Implemented in Vancouver
With a home vacancy rate hovering at an unhealthy low of 0.6%, the Vancouver City Council has stepped in and introduced the Empty home tax which will be implemented from January 1, 2017. This tax is an additional 1% of property value on top of your...
Read MoreThe Expert Landlord Tips
Running a rental property is not as easy as it sounds. Landlords do more than maintain the place and collect the monthly rent. So here are some of the best practices from the experts in the business. You probably know by now that being a landlord can b...
Read MoreThe Best Indicators of Tenant Quality
Screening prospective tenants can involve so many different checks and balances. Interviewing, references, criminal court record search, and really anything you can do to get an idea of what sort of tenant a person is going to be. And of course, you have...
Read More9 Reasons to Hire a Property Management Company
There are plenty of reasons why hiring a property management company is a great solution to overcome the problems involved with running a rental property. Let’s take a look at the top 9: Quality Tenants: Companies in the field of property man...
Read MoreInspections
Inspections Permitting Landlord Access to the Premises (Times and Reasons) Landlords must give a minimum of 24-hours up to a maximum of 30days written notice stating the time and purpose of entry, unless either the tenant agrees to allow the lan...
Read MoreTenancy Agreement
Tenancy agreement residential tenancy branch (rtb), ministry of public safety and solicitor general name of act / regulations residential tenancy act (rta) residential tenancy regulation manufactured home park tenancy act (mhpta) manufac...
Read MoreThe Cost of a Tenant Turnover
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...
Read MoreWhere to look for a home?
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, com...
Read MoreChoosing the right place
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 y...
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