Monthly Rental Market Report - May 2024
This month, the average prices for both furnished and unfurnished one-bedroom units in Metro Vancouver have decreased, with furnished units experiencing a significant drop. As of May 2024, unfurnished one-bedroom units are, on average, $156 cheaper than t...
Read MoreMonthly Real Estate Market Report - May 2024
In May 2024, Metro Vancouver saw a surge in new property listings, with a total of 6,374 detached, attached, and apartment properties listed on the MLS®. This marked a significant 12.6 % increase from the previous year's 5,661 listings. Despite this surge...
Read MoreReal Estate Investment and Property Management: Are They The Same?
Have you ever considered investing in real estate, but weren't sure where to start? Or maybe you have a few properties and are considering hiring a property management company to help you keep things running smoothly. Either way, this blog post is for you...
Read More5 Tips for Collecting a Security Deposit from Renters
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 landlo...
Read MoreWhat Should I Do When My Tenant Doesn’t Pay Their Rent?
As a landlord, you’ll want to treat your rental property as an investment, and you should see consistent cash flows from rent. Seeing as consistent rent flows is important, how can you manage it so that a tenant pays rent on time? What can you do when you...
Read MoreHow to Set a Rental Price for Your Investment Property
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]. Understandin...
Read MoreWhat you should know as a landlord about unpaid rent
During these challenging and often confusing times, many Canadians have struggled with the repayment plan. To address this crisis the government of British Columbia has set the rules on how to deal with the unpaid rent that every landlord should be famili...
Read MoreProperty Management from a Property Manager’s Perspective
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 p...
Read MoreAugust 2020 Vancouver Real Estate Market Report
Vancouver's Real Estate market continues to show up despite Covid pandemic. The Real Estate Board of Greater Vancouver (REBGV) reports(housing market report) that residential home sales in the region totalled 3,047 in August 2020, a 36.6 per...
Read MoreFIRST-TIME BUYER CHECKLIST
In 2018, 66.2% of first-time buyers in Canada bought their homes because they wanted to become homeowners, with 50.6% of these buyers under 35 years of age. If you are a first-time buyer, you will generally have more questions than someone who has already...
Read More