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
When it comes to real estate rentals, consistency is key. That’s why we strongly recommend that landlords rent their properties for the long term, as opposed to short term options like Airbnb or VRBO. A long-term rental is the best way to ensure a steady and reliable income while keeping the costs low. We will … 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
As a landlord in Calgary or any region in Alberta, there are several important legal considerations you should be aware of to ensure you are operating within the law and protecting your rights and your tenants’ rights. Here are some key legal considerations for landlords in Alberta you need to know: 9 Legal Aspects to … Read more
Updated on June 21st, 2024 As a property owner, you know keeping your property clean and well-maintained is essential to attracting and retaining good tenants. However, the rental market is competitive, and to maximize your property’s potential, you can add amenities to make your property more appealing to high-quality tenants. Let’s take a look at … Read more
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