Renting to Roommates
Renting to roommates are a great way to offset mortgage and utility payments and have help with household duties, but it comes at a cost. Here are the pros and cons.
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According to the Residential Tenancies Act, How many tenants are too many tenants?
According to the Residential Tenancies Act, How many tenants are too many tenants in one property? As landlords who’ve been in the property management landlord tenant business for many years, we noticed common tenant patterns. Years ago, I rented my 600-square-foot basement suite to a couple. In passing one day, the lady told me her …
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Best Property Management Software in Canada
What is the best property management software in Canada and why would it interest you? The property management industry is expected to generate $114.9bn in 2023.With the upsurge in money generated from real estate rentals, it’s no wonder we’re seeing an abundance of rental manager software designed to help landlords and property managers stay organized. Which is the …
What Appliances Are Landlords Required to Provide?
What appliances are landlords required to provide for their rental units?
Landlords are expected by law to provide their tenants with certain housing and health standards to make a property habitable and to maintain those standards when renting out the property. This information isn’t outlined in the RTA but is specified in the Alberta Minimum Housing and Health Standards Act.
So, you Want to Buy a Canadian Rental Property?
So, you want to buy a Canadian rental property? Purchasing a rental property in Canada as an investment can be a smart financial move. At its best, real estate can provide a steady stream of income and potentially appreciate over time. However, it’s important to be aware of and carefully consider all the steps involved …