As a landlord, you count on lease agreements to give you long-term stability and financial security. But what happens when a tenant wants to break the lease early? Whether it’s due to a job relocation, financial hardship, or personal reasons, early lease terminations can be frustrating. Understanding your rights and responsibilities according to Alberta regulations—as … Read more
Every landlord has to transition an old tenant to welcome a new one at some point. The transition between tenants can be challenging because it implies multiple steps, from move-in and move-out inspections to upgrades and renovations, to make sure the property is ready to receive its next tenant. This period requires that landlords and … Read more
Raising rent is one of the most tricky topics landlords have to face while running their rental property, especially in a scenario where the cost of living is soaring in Canada. Whether you’re navigating rising maintenance costs, adjusting to inflation, or trying to match market prices, deciding when and how to increase rent requires careful … Read more
When selecting the perfect tenant, landlords must consider many factors to choose a high-quality renter who will properly take care of their property. We at Amhurst follow the “Longevity-Stability-Ability” formula to select the best tenants for the properties we manage, which we believe is the secret to succeeding in renting any type of property and … Read more
At the best of times, Calgary’s real estate market is a roller coaster and has reached new heights for the past three years. Record net interprovincial migration, increased immigration to Alberta, and a severe housing shortage have caused rents to rise dramatically, making becoming a landlord more attractive despite the increasing sale prices. If you … Read more
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
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