Canadian Real Estate in 2022: What’s the Best Investment?
In the wake of the past two years of uncertainty, real estate investors are looking to the future. In fact, this may be the perfect time to leap into the housing market as interest rates are still recovering, but demand is skyrocketing. If you’re a brand new investor, or even one who has been in […]
Top 5 Most Common Reasons People Hire a Property Management Company
Property investment can be a highly rewarding venture if done properly. Many would-be investors take the plunge into landlordship without a full picture of what they are getting into. Whether you’re still wet behind the ears or you’ve been in the game for years, you may be considering if hiring a property management company is […]
Landlord Liabilities: Be Prepared
There are many reasons you may have chosen to become a landlord. You may be looking to build your investment portfolio, save up for retirement, or simply enjoy the relationships you get to build with tenants and even vendors. Whatever the motivation, no landlord is exempt from the responsibilities of ownership and providing a safe […]
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 […]
Smart Home Tech Tips for Landlords
As a landlord, you may be wondering if smart technology for your rental unit is even worth the investment. It turns out, however, that there is a growing demand. A recent study conducted in Utah revealed that over 75% of tenants would pay more for a property with smart home amenities, even more than traditionally […]
What To Do When Tenants Break Their Lease Early
As a landlord, you’ve worked hard to ensure your investment property stays rented. But what happens when your tenant wants to break their lease early? Suddenly that dependable income isn’t as much of a sure thing as you expected. In cases where renters seek to step out of their lease before the allotted time, knowing […]
Turning Your Home into a Rental Property
In Canada, 26% of homeowners own rental properties. It’s no wonder when landlordship allows Canadians to generate consistent passive income over a period of years or even decades! Whether you’re looking to pay off your mortgage or a student loan, expand your investment portfolio, or start making money off of a house that just won’t […]
4 Tips to Keep Your Investment Property Safe
Adding an investment property to your portfolio is a great source of passive income. That being said, anything that comes with high rewards is often followed by high risk. Mitigating this risk is key to ensuring you get the best out of your investment. Aside from choosing reputable tenants and undertaking renovations to increase property […]
What are the Perks to Off-Site Property Management?
Multi-family rental units can be complicated to manage on your own and that’s why most landlords choose to work with property managers to operate on their behalf with these types of real estate. The first question to ask yourself is whether to work with on-site or off-site managers. In this week’s article, we break down […]
Tired of Dealing with Tenants?
You’ve been a landlord for a while now and you went in with big dreams. You may have thought you were a people person at the start, but somewhere along the way you’ve realized you’re having difficulty managing renters’ concerns or even bringing in quality renters in the first place. If dealing with your tenants […]