How to Conduct Thorough Background Checks on Potential Tenants
Posted on Jan 06, 2025
Canada has a historically low rental vacancy rate of only 1.5%. Demand is so much higher than supply right now.That may make it more tempting than ever for landlords to avoid screening. Why bother vetting applicants when they're practically knocking down your door?The truth is it's more important than ever. You need to sort through the flood of app...
Discover Lease Renewal Benefits And Retention Strategies
Posted on Nov 22, 2024
What if you could keep trustworthy, rent-paying tenants in place to minimize vacancies and boost your returns? Tenant turnover can drain both time and resources for property owners, cutting into potential earnings and adding the hassle of finding reliable new tenants. A well-structured lease renewal agreement offers a powerful solution by building...
Rental Valuation: Maximize Your Property's Worth Now
Posted on Nov 19, 2024
The rental market is tight almost everywhere, including in British Columbia. According to data from Zillow, the average rent in Vancouver, BC is approximately $3,200 per month.
If you're a property owner, a thorough rental valuation can help you maximize your investment potential.
Read on to learn more about what a rental valuation is and how it can...
Port Moody Landlord Rescue Strategies: 7 Proven Approaches
Posted on Oct 19, 2024
Just 30% of Port Moody's residences are renter-occupied. That said, there's incredible demand for rentals here, making it a great place to own investment property.Not all of Port Moody's landlords actively participate in property management. Whether you inherited your property from a relative or you're a hands-off landlord who isn't happy with your...
5 Smart Tips Every Coquitlam Landlord Should Know
Posted on Oct 16, 2024
Port Coquitlam has long been one of metro Vancouver's thriving rental markets.
If you're a property owner in Port Coquitlam, there's a massive opportunity to generate wealth from your investment. It's not simple or easy, however. You get out what you put in with rental properties and to be a great landlord, you need to be attentive and proactive.
In...
If you're a property owner in Port Coquitlam, there's a massive opportunity to generate wealth from your investment. It's not simple or easy, however. You get out what you put in with rental properties and to be a great landlord, you need to be attentive and proactive.
In...
What Landlords Should Know About Property Management in Port Coquitlam
Posted on Sep 24, 2024
Tricity News recently reported that new census data showed a 5.3% population increase in the Tri-Cities, including Port Coquitlam. For local investors, that means thousands of new residents have entered the area, likely looking for a rental.
Should you sit back and wait for new tenants to show up on your doorstep? Not exactly. To boost rental occupa...