When rent isn’t paid on time, many property owners rush right to eviction. However, that should always be a last resort. Your real priority should be to get that rent coming in consistently again. Evictions in Kelowna aren’t easy. The Residential Tenancy Act protects...
The contractors and vendors you work with as a landlord or rental property investor are an extension of you and the services you provide. It impacts what you earn and how you provide customer support to your tenants. If you send a painter over to the property during...
Building a real estate portfolio requires strategy and planning. It’s not as simple as buying a house or a handful of units and then just throwing them onto the rental market. You have to be smart, patient, and somewhat resilient; otherwise you’ll set yourself up for...
When tenants are happy, they’re more likely to pay rent, take care of your property, and renew their lease agreement. This is good news for you, because it means you save money on unpleasant things like evictions, property damage, and turnovers. A lot of landlords...
Having access to reliable, detailed, and accurate financial data is important for every real estate investor. It helps you make good decisions, and routine financial statements and accounting reports will show you where you stand financially with your property....
The pandemic has gone on longer and been more intense than most of us expected. While news of the forthcoming vaccines is certainly good, it will still be a while before business returns to normal. In some key ways, our version of “normal” may never be the same...
