As a landlord, your livelihood lies on whether your rental property is occupied. However, sometimes you may need to find new tenants with current ones still residing. It’s more challenging to handle property showings when your rental unit is being lived in. Navigating this requires great negotiation skills with the current renters. You also need […]
Did you know that great landlords attract great tenants? You see, landlording is a service industry. You are providing services that a tenant pays for. So, as a landlord, it’s in your best interest to treat your tenants as customers. Broadly speaking, landlords take up to forty hours to find a replacement tenant after eviction […]
Plumbing maintenance and repair problems can occur anytime in a rental property. Often, these issues can become major points of contention between landlords and tenants. Here is an outline of the responsibilities of each party when it comes to handling plumbing maintenance and repair in rental properties: Before the Beginning of Tenancy Before a tenant […]
With being a good landlord, one of the most useful skills is learning to manage tenant complaints. Tenants are the backbone to your success in the rental business, so you want to ensure you always respond to their concerns. In this post, we’ve listed some of the most common tenant complaints and outlined how to […]
There’s more to landlording than just collecting rental payments at the end of the month. To be a successful property owner, you need certain skills and experience. Among these skills is the ability to write a good property listing. As you probably know, vacancies are every Grande Prairie landlord’s worst nightmare because, at the very […]
With an estimated population of 63,166 people, Grande Prairie is the 7th most populated city in Alberta. The city is located 460 kilometers Northwest of Edmonton. Established in 1951, Grande Prairie was Alberta’s first County. There are various ways to reach to Grande Prairie. If driving, you can take Highway 43. This highway is fully […]
No two tenants are alike. While some may be very particular, others may not really care about property aesthetics at all. If you spend a while renting out your property, you’re sure to eventually wind up with tenants who want to have their say in the appearance of their unit. Every tenant deserves a unit […]
As a landlord, consistent cash flow is key to running a successful rental investment. One that’s successful is only possible if you can rent to long-term tenants. However, attracting long-term tenants is perhaps the most difficult part of that equation. That said, it isn’t exactly rocket science. In this blog post, we share 8 tips […]
Are you considering converting your home into a rental? Rental property ownership comes with many financial perks. You may positively impact your financial stability and personal wealth for years to come. But here’s the thing: you don’t have to necessarily buy a rental property. When you already have a home, you can convert […]
Are you planning to acquire your first rental property? Investing in rental properties can become a lucrative venture. However, as with any other investment, purchasing a rental property comes with a set of risks and challenges. You need to be aware of these potential obstacles and threats to have any chance of deterring them. Every […]