Guidance on Accounting & Monthly Statements
Some of the most urgent and important things you may focus on when you’re renting out a Kelowna property include finding a tenant, signing a lease agreement, collecting rent, and taking care of maintenance issues. You need to hold tenants accountable and keep your...
Should You Sell or Rent the Kelowna Rental Property You Inherited?
When you inherit a house, you will need to make some decisions about what to do with it. If you’re not planning to move into it yourself, your main options are to sell it or to rent it out. What makes the most sense for you? As Kelowna property managers with decades...
What is Considered Normal Wear and Tear in BC, Canada
Wear and tear isn’t always an easy subject when we’re talking about Kelowna rental property.
Unexpected Expenses of Owning a Kelowna Rental Property
Most investors buy Kelowna rental property because they understand the benefits and opportunities inherent in real estate. You are earning rental income every month when your property is occupied, and your investment continues to appreciate. It’s easier to sustain the value of your asset even during uncertain market ups and downs. Your rental property is a tangible asset, unlike the stocks you trade or the mutual funds you buy.
Crime Prevention for Your Kelowna Rental Property
Rental property owners in Kelowna are rightly worried about the potential for crime and security issues at their rental properties. You need to keep your assets and your tenants safe, and that can seem difficult when crime rates are rising and ill-intentioned people are getting smarter.