Rents are climbing, and it can be frustrating to continue making large housing payments towards a property that isn’t even your own. Transitioning from a renter to a homeowner can be exciting and rewarding. It can also be expensive, and you need to be prepared. When...
Effective marketing strategies are required to reduce your vacancy time and attract highly qualified tenants for your rental property. When you can quickly market your home and launch the leasing process, you’ll enjoy higher rental income and better ROI. Most tenants...
Winter is coming, and the maintenance plan you follow for your Kelowna rental property should include taking care of your pipes. When temperatures drop, there’s a risk that those pipes can freeze and burst. This type of plumbing issue is one of the most common causes...
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...
Turnover is expensive, and the money you lose between tenants is hard to recoup as a Kelowna rental property investor. Not only do you have a vacant property that isn’t earning any income, you’re also spending money on repairing wear and tear, making improvements, and...
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...
