What to Look for in an Investment Property
Having an investment property can be a great way to receive a steady income stream through rental income, provide diversification for your portfolio, and act
September 15, 2022
Having an investment property can be a great way to receive a steady income stream through rental income, provide diversification for your portfolio, and act
Managing your own rental property can be a time-consuming and stressful chore. That’s why many landlords often hire a property management company to take care
As a landlord, you are responsible for a variety of costs associated with your rental property. While some of these costs are obvious, others can
Owning an investment property is often touted as “passive” income. If you have taken the foray into landlordship yourself, you know that the money won’t
You’re looking to invest in real estate but aren’t exactly excited to become a DIY landlord. Luckily, with a third-party property management company, you don’t
We don’t know a single property owner who gets uncontrollably excited when tax time comes around. We get it! The legalese can be confusing, the
Purchasing a rental property for the first time is an exciting investment when done properly. The income gained from rent and property appreciation can help
Drawing in quality renters is one part business savvy, one part relationship building, and one part simply having what they are looking for in a
As a property owner, your passive income is dependent on tenants paying their rent. If there are no tenants, you aren’t getting paid. This means
Property managers do so much more than just hand over keys to a new tenant. Depending on how a rental property is set up, these
As much as we would love our tenants to stay living at our properties for multiple years, the reality is that rental units can be
For many Albertans, becoming a landlord is a lifelong dream. When done properly, this is a type of investment that pulls in passive income while
When you agree to rent a residential property (single-family home, duplex, apartment, condominium, etc.), you enter into a contract (a residential tenancy agreement). This agreement
If you own a rental property but lack the experience and/or time to manage the duties required of a landowner, a property management company can
Do you own property but lack the time and/or experience to manage the business-related duties required? A property manager may be the answer. But will
Is your property management agency invested in your growth? Are your needs as the owner being met? Is your management company diligent in handling the
The property industry involves many people with varying titles and responsibilities; investors, real estate agents, brokers, developers, real estate attorneys, inspectors, appraisers, marketers, loan officers,
Property management companies are not all the same. Most provide tenant selection, repairs, and maintenance, rent collection, and assistance with evictions. Some firms are trustworthy,
Being a landlord comes with many responsibilities; advertising rental properties, screening potential tenants, collecting rent, maintaining/repairing the premises, responding to resident complaints, handling evictions, keeping
When it comes to protecting your condominium unit, insurance is a crucial aspect that cannot be overlooked. What type of insurance do you need if
When it comes to renting out a property, one of the most crucial aspects for landlords is finding reliable and responsible tenants. Tenant screening plays
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