What Is a Property Manager? Key Roles Explained
Posted on Jan 27, 2025
Are you considering hiring a property manager and would like to know the essential roles they play? According to the Property Management Global Market Report 2025, the industry's market size is expected to grow at a compound annual growth rate of 9.3% to $33.11 billion in 2029.
So, what is a property manager? These are professionals who maintain and...
8 Pros and Cons of Private Owner House Rentals For Port Moody Investors
Posted on Jan 23, 2025
Is owning a rental property worth it? Well, that depends on different factors, the most important being how you manage the property.
There are various benefits to owning private owner house rentals, and now is the best time to invest. According to the Bank of Canada, inflation remains at a steady rate of 2%. Port Moody is also one of the growing are...
How Often Can a Landlord Inspect a Property? Find Out Now
Posted on Jan 10, 2025
Eating vegetables. Dental checkups. Rental property inspections.
What do they all have in common? Well, they can all be a hassle, but they're vital to take care of on a regular basis.
As a landlord, you know how important inspections are when it comes to keeping your property in order. But how often can a landlord inspect a property?
In Canada, laws r...
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...