In a province with an average snowfall of 146″ per year, snow removal is a serious matter to avoid issues like snow blocking doors and windows. Clearing sidewalks, driveways, and other outdoor areas isn’t just about convenience; it’s a matter of safety and legal compliance. Municipal bylaws across Alberta require timely snow removal to prevent … Read more
It’s fall, and the start of a new season is an ideal time to check on your tenants regarding the current state of the property and take care of the maintenance work needed to keep it in good shape as we enter the colder months of the year. Whether your rental property needs several repairs … Read more
Whether you own a single rental property or manage a portfolio, keeping your rentals occupied is essential for maximizing the return on your investment and is the lifeblood of your overall success as a landlord, as high occupancy rates ensure a steady stream of revenue and help build your properties’ long-term value and reputation. In … Read more
A property manager can be fundamental for maintaining and maximizing the value and profit of a rental property while minimizing the stress and effort required from property owners. However, many property management company options are available, and not every company fits every type of property or the landlord’s needs. If you’re an owner in the … Read more
Whether a tenant decides to leave your rental property due to work or lifestyle changes or a landlord needs to end the tenancy due to conflict or other reasons, ending a tenancy in Alberta requires both parties to take some fundamental steps to close their lease agreement within the terms of the laws and regulations … Read more
As a landlord, one of the most important things you must do to ensure your investment’s success is to keep your tenants safe. From ethical reasons and legal obligations to tenant retention, ensuring tenant safety helps foster a good relationship with them and a sense of trust that will translate into a stable revenue stream … Read more
One of the most important skills landlords must develop is identifying red flags in their potential tenants. Knowing what warning signs to look for when pre-screening tenants is crucial for landlords to protect their investment, avoid or mitigate the risk of legal disputes, preserve their financial stability and ensure a positive rental experience for themselves … Read more
Just like other individuals, landlords need some time off from their daily responsibilities taking some vacation days to rest and reset. However, unlike corporate 9 to 5 employees with scheduled vacation periods, landlords must take certain precautions and prepare before vacation to ensure the smooth operation of their rental business. These are our recommendations to … Read more
The beauty of investing in real estate lies in the different investment options available, and one of the main options we see the most opportunities in 2024 is commercial real estate: office buildings and condos, retail and industrial spaces, warehouses, medical facilities, restaurants, etc. Any space destined for business activities falls into this category and … Read more
Tenant retention is one of the most critical aspects of the profitability of your rental real estate venture. Retaining long-term tenants ensures a steady income, saves costs, and helps you build a good reputation as a landlord. The good news is that creating and implementing an effective tenant retention strategy is easier than you think. … Read more
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