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There are many important aspects to managing a Kelowna rental property as a property manager or landlord, but one of the most vital parts is rental property maintenance. Whether that’s doing a spring clean up of the front yard or replacing the lightbulbs in the bathroom, maintaining a property for your tenants is not only important for keeping them happy but also for preserving and improving your property value. But when it gets down to the nitty-gritty, who is responsible for maintenance of a rental property in Kelowna? Is it you, the landlord…

Welcome to Property Management 101 from Vantage West Property Management. As Kelowna property experts with an experienced team of property managers in Kelowna and the Okanagan Valley, we know everything there is to know about property management to better help you and your rental property succeed. From developing rental agreements to maintaining properties, our property managers will handle all the small details of managing your Kelowna investment property. But if you’re not familiar with property management companies and what we do, it can be …

Insights On Finding The Right Property Manager from Vantage West Property Management Are you a property owner in Kelowna looking for a reliable property manager for your rental property? Choosing the right property manager is a crucial decision that can impact your property’s success. But how do you know when you’ve found a good property manager? The best way to find the right property manager for your rental property is by asking the right questions during the interview process. As experts, the team at Vantage West Property Management knows th…

As a landlord and property owner, the goal is to attract high-quality tenants who will pay rent on time and take care of the property. In Kelowna, there are many high-quality properties available for rent. So, owners & property managers must go the extra mile to increase the value of their rental property to attract quality tenants, and to get a higher ROI. Need help increasing your Kelowna rental property’s value to attract higher-quality tenants and increase your retention rate? Read on for Vantage West Property Management’s top 7 tips t…

If you are a first-time landlord or rental property owner, the laws governing rental properties in Canada can be daunting. Each province is different and there may be a lot of confusing paperwork to go through. That’s why it’s important to have an experienced property manager on your side. We at Vantage West Property Management have the expertise necessary to ensure compliance with all applicable laws, helping you protect yourself from potential legal issues down the road. Don’t believe us, or think you can navigate rental laws on your own? K…

Thinking about buying a home, but feeling nervous about the prices and the lending requirements in the current real estate market? There’s a fantastic option that you might not have considered yet: rent-to-own, also known as a Lease to Purchase Agreement. With a rent to own program, you can immediately start leasing the home that you eventually plan to buy — usually within 3 to 5 years. You’re dealing directly with the seller, or the owner of the property , and you’re both bound to a contract that protects the interests of both parties. At …

One of the reasons you sign a lease agreement with a tenant is that you want to know for certain how long a person will be in place, paying rent. Every lease agreement in BC, Canada includes the term of the lease – whether it’s one year or 18 months or two years or something else. Both the landlord and tenant are bound to the timeline of the lease agreement, unless something happens to nullify the lease such as nonpayment of rent or the landlord not maintaining the home to habitable standards. When your tenant wants to break the lease and move …

The tenants living in your rental home have been screened and approved, either by you or your property management team. They’ve signed the rental agreement and have agreed to pay rent in exchange for the use of your rental property. So what happens if unauthorized tenants who are not part of the lease agreement start living in your rental unit? When you find there are people in your property who have not been screened or approved, you’re in a frustrating situation. How are you supposed to handle it? We have some tips for you, based on the Resid…

When you inherit a house, you will need to make some decisions about what to do with it. If you’re not planning to move into it yourself, your main options are to sell it or to rent it out. What makes the most sense for you? As Kelowna property managers with decades of real estate experience, we help owners make this decision all the time. It really comes down to your own financial situation and your own plans for property ownership and future investments. Let’s take a look at some of the most important things to consider as an inherited proper…

Wear and tear isn’t always an easy subject when we’re talking about rental property. Once your tenants vacate your home, you’ll need to do your inspection as part of your turnover process – before you sign a new lease agreement. Normal wear and tear must be covered by property owners, but how do you know the difference between reasonable wear and tear and property damage in BC? It isn’t always easy, but we have a few tips on identifying wear and tear in your rental properties. Identifying Normal Wear and Tear in a BC Rental Property Normal wear…