PinnedMember-onlyWhy Invest in Student Rentals?Why invest in student rentals? For real estate investors looking into a viable real estate investment, student rentals are a popular choice. To put things in perspective, let’s look at some statistics: · Canadian universities draw in 1.4 million students from 82 university institutions across Canada. · 5 million students…Student Rentals4 min readStudent Rentals4 min read
PinnedMember-onlyLessons Learned from 18 Years as a Landlord- here’s what you need to knowLessons learned from my 18 years as a landlord can be summarized into 10 areas. New and existing landlords require a large body of knowledge to run a residential rental business and this blog outlines the ten cornerstones needed to build a residential rental business foundation. Laying the foundation Before you start shopping…Landlord4 min readLandlord4 min read
PinnedMember-onlyHoarding — Tips for Handling a Hoarding TenantHow do you handle a hoarding tenant? When Skip Byrnum of Texas, USA, a regular fixture at meetings and church, went missing, friends called the police. Rescue workers had to cut holes in the roof to get into his cluttered property. …Landlords3 min readLandlords3 min read
PinnedMember-onlyBC Landlord ResourcesBC Landlord Resources is a regional overview of organizations that support landlord knowledge and education in British Columbia. This listicle is a continuation of the promised provincial resources for landlords that I started last week with Alberta Landlord Resources. …Landlords5 min readLandlords5 min read
PinnedMember-onlyProperty TechnologyTechnology has permeated every aspect of our lives, and property technology or PropTech has found a solid foothold in the property management sector. According to Deloitte, PropTech start-ups have already raised over $43 billion in funding worldwide since 2012. …Property Technoloty9 min readProperty Technoloty9 min read
13 hours agoMember-onlyWhat is an acceptable credit score for your tenants?Is there a magic number for an acceptable credit score for tenants? Many landlords view the credit score as the most important factor in the tenant screening process. I certainly do. But understanding how to interpret the credit report sometimes leaves landlords needing clarification. Lenders use credit scores to determine…5 min read5 min read
Jan 22Member-onlyWhen Tenants Don’t Move InWhat can you do when tenants don’t move in? You’ve shown your property to dozens of potential tenants; one couple stood out as “the ones.” You’ve done your due diligence, completed the application and screening process, everything looks great, you accept them, and set a move-in date. The day of…3 min read3 min read
Jan 15Member-onlyShould you reimburse your tenants?Should you reimburse your tenants for emergency repairs–if so, what, when, and how? You’re out of town for a wedding and miss two panicky calls from your tenants after midnight telling you water is pouring out of the ceiling. …Reimburse3 min readReimburse3 min read
Jan 8Member-onlyTrCanada’s Housing Market Predictions for 2023Canadians have been anxious over Canada’s housing market predictions for 2023. Both buyers and sellers are sitting on the sidelines waiting for the interest rates to stabilize. Interest Rates The Bank of Canada began aggressively raising interest in March of 2022, and interest rates currently sit at 4.25%.4 min read4 min read
Jan 1Member-onlySo, you Want to Buy a Canadian Rental Property?So, you want to buy a Canadian rental property? Purchasing a rental property in Canada as an investment can be a smart financial move. At its best, real estate can provide a steady stream of income and potentially appreciate over time. However, it’s important to be aware of and carefully…19 min read19 min read
