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

Landlord insurance, also known as rental property insurance or real estate insurance, is a type of insurance policy designed to protect individuals who own and rent out residential or commercial properties. This insurance covers various risks and liabilities associated with being a landlord, which is why it’s fundamental to operate a rental property. We previously … Read more

Calgary is a great place to invest in a rental property because of its livability, long-term stability and appreciation prospects. Still, future landlords need to have a strategic mindset when looking for a property to buy to rent it out. Buyers must look for specific items to ensure the property’s rental market appeal and future … Read more

Dealing with difficult tenants can be a tough aspect of being a landlord. Still, it’s essential to maintain a positive landlord-tenant relationship to ensure the smooth operation of your rental property. If you’re having problems with your tenants, here are some strategies that will help you handle and ease conflict: 9 Strategies to Deal With … Read more

Preventive maintenance for rental properties is crucial to ensure they remain in good condition, minimize costly and unexpected repairs, and keep tenants satisfied. Whether you are an independent landlord wanting to think ahead or you work with a property manager, here are some of the most important preventive maintenance items every rental property needs. The … Read more

Adding a secondary suite in Calgary may be a convenient choice that can provide financial benefits for landlords without the hassle of looking for a rental property to buy, but it also comes with costs, legal requirements, and potential challenges.  If you want to become a landlord or are considering adding a second rental property … Read more

Tenant screening and selection is fundamental to being a successful landlord. A thorough screening process will give you the peace of mind that you’re doing business with a responsible and reliable person who will take care of your property during their stay and meet their obligations. Despite its importance, independent landlords often overlook tenant screening. … Read more

Updated on July 19th, 2024 The Calgary rental market is the hottest it has been in years and shows no signs of slowing down soon. Limited rental and residential stock, particularly in the single-family and townhouse market, and rising interest rates make it more challenging to buy than before and keep rents high across the … Read more