Whether you’ve been managing your property alone for some time or you’ve recently started, you’re likely faced with the choice of whether to continue alone or engage the services of a third party. Both options have benefits and drawbacks and may lead to different situations. When you’re taking on the task of a direct manager […]
Tax Season Tips for Landlords
Do you own an investment property in Canada? If you are, this article is for you! Renting out a property is a lucrative venture if done well. You earn a passive rental income at the end of every month, among other benefits. Being a landlord, however, isn’t without responsibilities, and a key one is being […]
How to Be a Long-Distance Landlord
The reasons that may have led one such as yourself to be a long-distance landlord are varied. For example, you could be investing because: Of a work relocation. You’ve retired and moved to a sunnier locale. You found a great investment in another state that was too good to pass up. In this blog, we […]
How to Boost Your Rental Property’s Curb Appeal
Adding curb appeal is an important part of improving the overall rental experience you offer. After all, prospective tenants’ first impressions are based on how your property looks from the outside. Improving your curb appeal often doesn’t require a lot of investment too. With simple and stylish add-ons, you can create a striking and attractive […]
Pros and Cons of Living in Grande Prairie
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 […]
Becoming a DIY Landlord? Six Mistakes to Avoid
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 […]
How to Know if Your Rental Meets Safety Standards
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, […]
How to Conduct a Tenant Walkthrough Inspection
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 […]
15 Terms All Real Estate Investors Should Know
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 […]
Hiring a Property Manager vs. Self-Managing: What’s Better?
“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 […]