Are you interested in making Grande Prairie your next home? Make your move to Grande Prairie the easiest one yet by being 100% prepared. This article prepared by us at Real Canadian Property Management, aims at showing you what makes Grande Prairie such a wonderful place to live and where it can improve. The Pros […]
Investing in a rental property or converting your home into a rental can be an exciting challenge. But new landlords tend to prefer running the property themselves, which can cause problems. New landlords can be caught unaware of the demands of running a rental property. Inexperienced landlords may also not be aware of the variety […]
A crucial part of managing rental properties is prioritizing a safe and secure environment. Even State laws require property owners to adhere to building safety, health codes and keeping the rentals habitable. To determine if your rental meets the safety standards, it’s advisable to perform frequent inspections. In addition to shielding your renters from harm, […]
When a new tenant moves in, it is essential that you conduct a thorough walkthrough inspection to document the exact state of the property. By conducting a walkthrough inspection with your tenant, you will protect yourself from having to pay for any potential damage that occurs while the tenant is living on your property. In […]
Of all the options for investments, real estate stands out among the best. For starters, it offers landlords a steady and reliable stream of income. Other benefits that make real estate a notable investment option include the tax benefits, its appreciation qualities, and that it’s a hedge against inflation. However, property follows the same trends […]
“Should I hire a property manager or self-manage my rental property?” This is a question that every property investor has probably found themselves asking at one time or another! For some investors, self-management may be a good option. This is especially true if you live close to your property and have prior experience in managing […]
Owning a rental property is one of the best ways to make a good passive income. Once you have attracted tenants, you can be guaranteed a fixed income. After several years of receiving the same fixed amount, you may feel it’s time to increase the rent. However, increasing the rent may result in a […]
As a landlord, to have a successful property, you need to be intentional with the services that you provide. This is especially true when your property is located in a competitive market. To lure in a tenant, you need to get ahead of your competitors by making sure you’re offering many sought after amenities. First, […]
There is nothing that kills rental profit more than high tenant turnover. When it comes to operating a rental property, the costs of re-renting a unit are some of the most expensive and labor-intensive tasks for landlords, especially if mistakes are made. So, the key to maximizing your rental income is improving your tenant retention […]
Do you like moving? While it can be exciting to change your home location, the process of packing, organizing, and move-out cleaning can be daunting. Cleaning your place needs to be done before moving in most scenarios, or you won’t get your security deposit back. So, how do you do it well and efficiently? The […]