As a landlord, it’s important to know the laws in Alberta before you rent out your rental property. The same goes for any tenant who rents out a unit in Alberta. A landlord may want to know what your rights and responsibilities are as landlords and tenants. Landlords may also want to have an overview […]
Category: Real Estate Investment Guide
5 Step Guide to Effective Tenant Screening in Grande Prairie, Alberta
It is every landlord’s dream to select tenants who are responsible, respectful, understanding, and pay their rent on time. To have the highest chance of selecting these renters, a thorough screening should be done. This is one of the most important things that you can do to preserve and protect your investment. Furthermore, filtering out […]
Tips for Buying an Investment Property in Grande Prairie, Alberta
Thanks to increased activity in the local oil and gas industry, the housing market in Grand Prairie was strong for 2018. According to the Canadian Mortgage and Housing Corporation (CMHC), resales were up 19% for Grand Prairie from the month of January to November 2018. Meanwhile, resales were down 6.4% for the rest of Alberta. […]
Key Items You Should Include in Your Alberta Lease Agreement
As every successful landlord in Grande Prairie, Alberta will tell you, having an iron-clad lease or rental agreement is key to your rental business. A lease agreement, also known as a rental contract or a residential tenancy agreement, sets out the rules that both you and your tenant must follow. Now, there are certain terms […]