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 […]
When a tenant in Alberta signs a lease, they become bound by its terms for an allotted period of time. Among other key aspects of the lease agreement, the tenant pledges to: Pay rent when it’s due. Not cause excessive property damage. Take care of the property by ensuring it’s clean and sanitary. Not do […]
Are you curious on how to respond to maintenance requests during the COVID-19 crisis? Rental property owners and managers have also been affected by the current pandemic. As a landlord, you may be wondering how to handle maintenance tasks and requests in the current times. What used to be regular duties could now raise justified […]
Each province has different laws when it comes to lease-breaking. This article tackles breaking a lease in Alberta, Canada, and more specifically, in Grande Prairie. While both landlords and tenants want to avoid exiting a lease early, certain situations occur that make this impossible. RCPM has gathered some important information for both tenants and landlords […]