Maximize Your Coquitlam Investment: Rental Property Inspection Checklist
Posted on Apr 16, 2025 in Property Management Tips
According to CMHC, Canada's average rental vacancy rate increased by 2.2% in 2024. This was a rise from 1.5% in 2023.Many tenants vacate properties due to inspection and maintenance issues. Regularly inspecting your Coquitlam rental property is more than just keeping it in top condition. It's a great way of showing tenants that their comfort and we...
Furnished or Unfurnished in Tri-Cities?
Posted on Apr 09, 2025 in Property Management Tips
Owning a rental property in the Tri-Cities is a great way to generate passive income, but one major decision landlords face is whether to rent it furnished or unfurnished. The right choice depends on your investment goals, your ideal tenants, and the current rental market.Some landlords love the premium rents and flexibility that come with a furnis...
Spring Renewal and Landscaping to Attract Tenants
Posted on Apr 01, 2025 in Property Management Tips
A faded door, a neglected garden, or an overgrown patio—these are all opportunities for transformation. When spring arrives, the pressing question for property managers is: Is it time to invest in a refresh to attract quality tenants? The answer is often a resounding yes.
After months of winter wear and tear, properties can show signs of neglect. A...
What Does a Property Manager Do? Unveiling Key Responsibilities
Posted on Mar 21, 2025 in Property Management Tips
Have you ever wondered what running your real estate property smoothly takes? As a property owner, you may find it overwhelming to juggle managing your property and other commitments.According to Fortune Business Insights, the property management market size in the United States is projected to grow at a CAGR of 7.9% between 2021 and 2028. This tre...
Master Rentals by Owner: Tips and Insights for Property Success
Posted on Mar 18, 2025 in Property Management Tips
Better Dwelling reports that more than 1 in 6 Canadian homeowners own multiple properties. If you're one of them, you might decide to rent out a property to generate additional income.When renting it out, you have two options: hire a property manager or handle it yourself. Managing rentals by owner gives you full control and saves on management fee...
Common Mistakes Owners Make When Managing Rentals
Posted on Mar 04, 2025 in Property Management Tips
Investing in rental property can be highly rewarding, but effective management demands considerable time, expertise, and dedication. Many property owners unknowingly make errors that can result in tenant disputes, financial setbacks, and unnecessary stress. From selecting the right tenants to managing maintenance, here are the most common property...