Kelowna is a unique market in that it offers opportunities for both long term rental property investments and short term rental property investments. With the popularity of housing sites like Airbnb and VRBO and HomeAway, it’s easier than ever for owners to rent out a...
The short-term rental market has been growing steadily over the last few years, and Airbnb rentals are becoming more popular than hotel rooms. If you’ve decided to rent out a property on a vacation or short-term site such as Airbnb or VRBO or one of the others,...
When rent isn’t paid on time, many property owners rush right to eviction. However, that should always be a last resort. Your real priority should be to get that rent coming in consistently again. Evictions in Kelowna aren’t easy. The Residential Tenancy Act protects...
The contractors and vendors you work with as a landlord or rental property investor are an extension of you and the services you provide. It impacts what you earn and how you provide customer support to your tenants. If you send a painter over to the property during...
Building a real estate portfolio requires strategy and planning. It’s not as simple as buying a house or a handful of units and then just throwing them onto the rental market. You have to be smart, patient, and somewhat resilient; otherwise you’ll set yourself up for...
When tenants are happy, they’re more likely to pay rent, take care of your property, and renew their lease agreement. This is good news for you, because it means you save money on unpleasant things like evictions, property damage, and turnovers. A lot of landlords...
