What to Expect when Self Managing Rentals
What your Rental Needs from You Self managing your rentals instead of using a property manager has some advantages. You save on the management costs, you are personally invested in your investment, to …
Tag: Rentals
Negotiating your Rental as a Landlord
Get What you Want by Being Prepared to Negotiate on your Rental This is something I learned from a work friend – renting is a negotiation. For both the landlord and prospective tenant. …
Decline a Rental Applicant the Right Way
How to Respectfully Decline a Rental Applicant We’ve gone through the process of great finding tenants for our rental units a few times now. Whether we have had multiple applicants or interested applicants …
How to Set Up a Rental Screening and Showing Schedule
Rental Screening and Showing Schedule Once you’re ready to rent your unit you need to have a way to keep track of possible tenants’ information and set up a showing schedule. We didn’t …
3 Steps to Finding Great Renters
How to Find the Perfect Renters for your Unit You’ve put an incredible amount of time, money and effort into creating your rental unit so it’s desirable to renters. You want reliable, respectful …
Guide to Deciding on Rental Renovations
As we’ve shared, our real estate investment strategy focuses on updating houses and adding basement suites. This increases the value and equity in our homes (which can be leveraged) as well as creates …
Laundry Room Refresh – the Difference Paint can Make
Paint is one of the cheapest and ways to make any space look better. In fact, it’s our favourite way to update a space. Even a laundry room is more inviting with a …
Make your Budget Count When Building Rental Suites
We have added basement suites in 2 houses (so far) and have learned that spending money in the wrong places is wasted money. In the beginning, this was a challenging concept for us. Mainly …
Fire Prevention in Rental Units: Don’t get Burned by Renters
This past summer, British Columbia declared a state of emergency due to the extreme forest fire season. All areas of the province were either on fire or under a haze of smoke. According …
Renovation Stress: How the Worst Case Scenario is the BEST Thing to Think About
Renovation stress and the what-ifs it brings Renovation stress often stems from the worry about what might go wrong. Like other times in our life when we undertake something new or a big …