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
3 days agoMember-onlyRental Property Management — Do your Tenants Know What You Want?When organizing your rental property management, ask yourself, do your tenants know what you want? Do yourself and your tenants a kindness and put it in writing. Giving tenants a copy of your landlord/tenant requirements is the best way to bypass uncertainty and misunderstanding. You might assume that the people…Property Management3 min readProperty Management3 min read
May 14Member-onlyWhat are Be Smart Forms and How Can they Help my Landlording Business?Since December 2022, I’ve been working on getting Sharmane Watt’s “Be Smart” forms into an editable format and available on my website (www.neldaschulte.com). …3 min read3 min read
May 7Member-onlyRenting to RoommatesAre you considering renting to roommates (also called househacking)? There was a massive housing shortage when I first moved to Fort McMurray. The oil and gas companies offered their employees Living Out Allowances (LOAs) to offset the high rental expenses. Employees made excellent wages topped up with LOAs in the…4 min read4 min read
May 1Member-onlyAccording to the Residential Tenancies Act, How many tenants are too many tenants?According to the Residential Tenancies Act, How many tenants are too many tenants in one property? As landlords who’ve been in the property management landlord tenant business for many years, we noticed common tenant patterns. · Renting properties to several unrelated single occupants (friends), brings a predictable risk of bringing…4 min read4 min read
Apr 23Member-onlyHow much does it cost to evict a tenant?How much does it cost to evict a tenant? Let’s start with the background story. Many landlords believe that they’ll find a good tenant if they trust their gut and do nothing else. Often, they’re wrong and end up going through an eviction. …Cost To Evict A Tenant3 min readCost To Evict A Tenant3 min read
