BEGINNING A TENANCY

Begining-of-the-tenancy

After a tenant has been chosen it is important that both of you communicate clearly to ensure that you and the tenant understand both your rights and your responsibilities and are therefore fully protected in the case of something going wrong. If something does go wrong, having this initial paperwork helps to ensure that the … Read more

SELECTING THE RIGHT TENANT – BEFORE TENANCY

SELECTING-THE-RIGHT-TENANT-BEFORE-TENANCY

Making sure that you have a water-tight selection process for potential tenants is essential for any landlord. While parts of the process may vary from person to person, there are some elements of the selection process that every landlord needs to consider. These include; Applications PIPA The Human Rights Code Credit Checks References Tenant Application … Read more

VANCOUVER REAL ESTATE MARKET RENTAL( FEBRUARY)/SALES REPORT.

VANCOUVER-REAL-ESTATE-MARKET-RENTAL

 Intense competition amongst home buyers is putting upward pressure on home prices across Metro Vancouver’s housing market. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,727 in February 2021, a 73.3 per cent increase from the 2,150 sales recorded in February 2020, and a 56 per cent increase from the 2,389 homes sold in January 2021. Last month’s sales were 42.8 percent above the 10-year February sales average. “Metro Vancouver’s … Read more

FORMATIVE LEGISLATIVE CHANGES TO PREVENT ILLEGAL RENOVICTIONS & EXTEND THE RENT INCREASE FREEZE

FORMATIVE-LEGISLATIVE-CHANGES-TO-PREVENT-ILLEGAL-RENOVICTIONS-EXTEND-THE-RENT-INCREASE-FREEZE

The landlord-tenant relationship can often be abused if proper legislative rules are not passed and practiced and this has been a common theme and motivator behind tenancy disputes that make news headlines. In one especially offsetting scenario, loopholes in the laws give less scrupulous landlords a certain edge of exercising their power through illegal renoviction … Read more

Optimizing Communication Between Tenants & Landlords – Permitting Emailed Document

OPTIMIZING-COMMUNICATION-BETWEEN-TENANTS-LANDLORDS-PERMITTING-EMAILED-DOCUMENT

An email has become the common and quintessential method by which parties communicate and share information. The current amendment to regulations comes at the behest of a recommendation from the Rental Housing Task Force, who had sought input from landlords and tenants, and fielded suggestions to recognize email as an acceptable form for notification Coming … Read more

Why is Burquitlam Red hot for real estate?

Why-is-Burquitlam-Red-hot-for-real-estate

Burquitlam is a neighborhood located on the boundary of Coquitlam and Burnaby, and its exponential growth has been underpinned by the development of the Evergreen Skytrain line. It’s easy to access to Hwy 1 makes it a natural selection for homeowners looking for a bigger return on their investment dollar. As the community and general … Read more

Is the Most Affordable Real Estate Investment in Metro Vancouver also the Most Profitable?

Is-the-Most-Affordable-Real-Esate-Investment-in-Metro-Vancouver-also-the-Most-Profitable

I would describe myself as a sceptical investor. It usually takes a lot of research before I am convinced. Surrey real estate convinced me. Surrey properties are currently the most affordable real estate investment in Metro Vancouver. We have been looking after a number of properties in Surrey and the prospect of owning a brand … Read more

January 2021 Vancouver Real Estate Market Report

The Vancouver real estate market is growing according to the sales prediction made by the R.E. Association The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,389 in January 2021, a 52.1% increase from the 1,571 sales recorded in January 2020 and a 22.76 per cent decrease from the 3,128 homes sold in December 2020. The B.C. Real Estate Association has just forecast sales … Read more