A water damage notification is something no independent landlord wants to get. However, once your tenant lets you know about a minor drip or a burst pipe, it’s a race against time, and you need to act fast to prevent the issue from escalating into mold, structural damage, expensive repairs, and unhappy tenants. This guide … Read more
A new year often makes landlords assess their property’s condition and start planning for tenant transitions, inspections, or maintenance work. An essential and often misunderstood topic in this assessment is the distinction between normal wear and tear and actual property damage. Understanding the difference is key to becoming a successful landlord: It protects your investment, … Read more
In our last blog, we covered the ins and outs of detecting hidden water leaks in your rental property, and closed it out highlighting the importance of being proactive to prevent the leaks. Hidden water leaks prevention becomes even more prevalent because, as the name says, they’re hidden and remain unnoticed until there’s damage that’s … Read more
Water leaks are one of the most expensive and problematic issues in rental properties. And while burst pipes or flooding sinks are impossible to ignore, hidden water leaks are often inside the walls, below the floors, or inside the ceilings, quietly spreading within the property’s structure for months until significant and even dangerous incidents occur: … Read more
Renting out a property can be seen as a business partnership. And like every partnership, it comes with its set of risks, and choosing the wrong tenant can quickly lead to late rent payments, property damage, complaints and conflicts with other neighbours or legal disputes. That’s why landlords and property managers ask for professional and … Read more
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
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