Whenever tenants move out, the most logical thing to think about is that they’ll vacate the premises with all of their belongings. But sometimes, tenants leave some things behind for several reasons: From simple forgetfulness due to the stress of moving, to the hope that the landlord will dispose of them. As a landlord, you … Read more
There are few situations more stressful while running a rental property than dealing with a problematic tenant who refuses to leave when the lease is over. Unfortunately, it’s a situation that’s becoming more common in Canada, and Alberta is no exception. Whether it’s a lease that has ended, an eviction notice that’s been ignored, or … Read more
As temperatures drop, many of us look forward to enjoying a “cozy” fall season, keeping ourselves warm at home. Unfortunately, pests think the same: Rodents, insects, and other pesky critters start seeking shelter indoors, and your rental property can be a target, especially if it’s vacant. In this blog, we’re going to share some preventative … Read more
The Canadian rental market is experiencing a national trend of dropping rent prices, driven in part by an initial wave of newly-built supply entering the market. Calgary saw a 9% decrease in asking prices in July, only behind Vancouver. It’s expected that this trend will continue, albeit at a slower pace, as we’re nearing the … Read more
Renting to students can be a great opportunity for landlords to expand their pool of potential tenants, especially if your property is located near universities. But it also has benefits like steady demand, reliable rental cycles tied to academic calendars, and increasing the chances of keeping vacancy rates low. However, it comes with a unique … Read more
We’ve mentioned the importance of doing regular maintenance to rental properties’ HVAC systems in our blog about the topic, but we believe that HVAC preventive maintenance deserves its own blog. The HVAC system is one of the most important (and expensive) components of any rental unit, and it’s an essential item in Canadian homes. Ignoring … Read more
We often mention the importance of having your property occupied to ensure a steady revenue. However, sometimes having a vacant property is inevitable, and this can mean more than just a temporary loss of income and make your property vulnerable to several risks that can compromise your investment’s value and cause you more than a … Read more
Summer in Calgary calls out for an outdoor BBQ. Spending time outdoors during the summer is a cherished time for Calgarians, and the smell of a sizzling BBQ is common during the warmer months. If you allow cooking outdoors in your rental, or if it includes an outdoor grill station as one of the amenities, … Read more
A successful rental business starts with having a good relationship with tenants. Long-term leases translate into stable income and better cared-for property that will help you maximize your returns. In this blog, we’ll explore simple and practical ways of minimizing conflict with your tenants to help you create a respectful, cooperative relationship with the people … Read more
Calgary’s unique weather conditions and the water crisis we’ve faced in years past have made Calgarians rethink the way we use water. In the case of real estate, one of the activities that tends to demand more water usage is landscaping. This is why the City of Calgary has issued a guide to help homeowners, … Read more
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