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 as a hedge against inflation! If you’re thinking of investing in property to help you achieve your financial goals, there are a few key things you need to look for […]
Advantages of Hiring A Property Management Company
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 of their rental property. With a property manager to handle all the day-to-day tasks, you’ll have more free time and less hassle. Here are the top reasons to consider hiring […]
Watch Out for These Hidden Costs When Renting Out Your Property
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 be more difficult to anticipate. It’s critical to be aware of the potential hidden costs that could come up when renting out your property so you’re prepared to handle them. […]
Vacancy Rates and How Your Property Manager Can Help
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 just come to you; you have to work for it. The most important part of that is ensuring your units are filled for as long and often as possible. After […]
Common Property Management Fees and What to Expect
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 have to! Property management companies offer a wide variety of services, from customized to turnkey, to help you get the most out of your investment. Due to the complex nature […]
Tax Tips for Rental and Investment Properties
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 paperwork daunting, and the thought of having to pay the CRA a huge chunk of money isn’t always the most appetizing. If you run investment properties or rental property, all […]
5 Rental Property Investment Tips for First-Timers
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 you achieve your goals, whether that’s building a robust portfolio, saving up for post-secondary, or anything in between. That being said, real estate is a complex industry that can easily […]
Rental Property Upgrades Trending for 2022
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 home. So, what is it that they are looking for? The changing needs of Albertans are clearly reflected in the shifting trends we see in desirable rental property upgrades. Meeting […]
Steps to Improving Renter Retention
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 you put a lot of time and effort into attracting quality people. However, convincing a tenant to sign a lease with you is only half of the battle. Once they’re […]
Top Challenges for Property Managers
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 multitasking masters can be responsible for a long list of duties. From advertising to collecting rent, coordinating maintenance to leasing documentation, property managers ensure budgets are met, units are rented, […]
