The regulations surrounding what rules a landlord can enforce regarding pets in their rental unit fall under provincial jurisdiction. As such, there are a variety of laws nationwide that govern precisely what recourse an owner has when it comes to enforcing a pet policy. In British Columbia, Section 18 of the Residential Tenancy Act, allows … Read more
Being a landlord is not a very easy job. This can be proven by a lot of landlords who manage a lot of properties. You might see on televisions and magazines that being a landlord is an easy life but this is not always the case. You have to dedicate every hour of the day … Read more
When seeking a new residence to rent, if you have a dog, there are things you have to consider. Having any pet brings in a set of different rules and regulations for owners in how to raise them in a certain place that helps the individuals and the pets. All the pet-friendly settings should answer … Read more
Having your own property for rent can bring you an indefinite stream of income that many people want. However, if you are new to the game, it takes some time, patience, and capital in order to succeed. If you are not a well-organized landlord, you might not be able to find trustworthy tenants that will … Read more
Nobody is fond of bed bugs. Many people get creeped out because they can literally come from the bed into our skin to wreak havoc. These are parasites that are common everywhere. This isn’t a problem in undeveloped countries, but right here in your home. When it comes to a rented home, landlords should know … Read more
Being a landlord can be a dream come true for many people. However, many landlords will tell you that their lives are not always full of roses. Sometimes, there are thorns that they have to deal with and they found out that the property that they have is not so profitable as what they have … Read more
Myths roam about for potential renters everywhere. Local laws may prove to be true, but under the laws of British Columbia, there are specific rules about the eviction process, cost of rent, maintenance, and security deposits. BC has been still facing a housing problem, which has led to a rise in rentals. All the tenants … Read more
New-housing construction is expected to decline for the next two years according to the report prepared by the research firm Altus Group. The decrease is influenced by the higher interest rates, new tax measures and a slowing economy. According to Vancouver Sun the report estimates that housing starts in B.C. will fall to 37,475 units in 2019 … Read more
Many landlords myself included, make one mistake that is not an uncommon one, but you might do not think about it as much as other mistakes. The mistake I’m talking about isn’t property inspections, the property insurance, or even screening new tenants, it’s trying to self-manage your properties by yourself. Here is why this can … Read more
According to Vancouver Sun some of the multi-million dollar homes in Vancouver have been rented for a relatively cheap price as a result of the empty home tax. Read a full article how Speculation, Vacancy, and Empty Home Tax influence a drop in a rental price here. See also: Exempt From the Speculation Tax Declaration Resource: Vancouver Sun
A landlord is only able to increase your rent once every 12 months. The amount is the amount that is permitted by the current law or any additional amount that an arbitrator will decide. The landlord has to use the correct forms and they must give you three months notice before the increase can take … Read more
The whole point of being a landlord is always to have a constant flow of income from tenants. The problem is that you cannot bring in money this way without having tenant stability. As a landlord, tenant stability is crucial to your bottom line. If you seem to be struggling to keep good tenants longer, … Read more