Vancouver's City Council has approved a measure designed to provide greater protections for renters. The Tenant Relocation and Protection Policies expand relocation benefits for tenants who are displaced by renovations or redevelopment. Key provisions include:...
Best Landlord Strategies for 2016
In 2015, landlords witnessed record high rents along with low vacancy rates. Improving job figures and a trend toward renting over home ownership made 2015 a banner year. Yet, at the same time, many rental property owners learned that a "landlord's market" is not...
Landlords: Latest Strategy to Increase Rental Revenues
Airbnb. That name has become something of a household word, especially in rental homes. For tenants, Airbnb is synonymous with extra income. For landlords, it represents increased liability and property damage. Airbnb offers an online platform for advertising nightly...
The Push to Restrict Criminal Background Checks in Rental Housing
HUD just released new guidelines for public housing providers. In those new rules, these landlords are prohibited from using arrest records to reject rental applicants or evict tenants in some cases. Restrictions on the use of criminal history is not new. Legislation...
New Landlord Survival Tips
Investing in your first rental property is an exciting experience. You've read the books, attended the courses, and now you are ready to launch into your first tenancy. With so much to know, it's difficult to predict how all that information will translate into...
Top Landlord Strategies: Lessons Learned in 2015
Throughout 2015, Canadian landlords witnessed record low vacancy rates and a healthy rental market. However, 2015 also revealed that a tight rental market doesn't necessarily guarantee good tenancies. A few landlords experienced the perils of a landlord's market, and...
Property Management Secrets Every Landlord Should Know
Professional property managers are indispensable for rental investors who lack the time or inclination to take a hands-on approach to managing their rental properties. For those who live far away, travel frequently, or guard their privacy, hiring an experienced...
How to Reduce the Stress of Winter Move-Outs
It’s hard to get around it: move-outs are stressful for everyone. There is a beginning and end to every tenancy. Some end badly. But a little planning and thoughtfulness can go a long way toward transforming a potential minefield of acrimony into a predictably...
British Columbia Strengthens Rules for Service Dogs
Beginning January 18, 2016, British Columbia landlords face stricter penalties for rejecting people with guide or service animals. The new Guide Dog and Service Dog Act allows higher fines for denying access to rental properties, while at the same time requiring...
5 Top Landlord Mistakes (and How to Fix Them)
Everyone makes mistakes, but it's always nice when you can see it coming and take evasive action. Review this list of common landlord mistakes -- while there is still time to improve your policies: Problem #1: The Absentee Landlord Landlords who live a significant...
Understanding Landlord Premise Liability: Mushrooms a Smoking Gun?
After a tragic accident in Berkeley, California where a balcony collapse claimed six lives, lawsuits now are in the works, and soon a judge and jury will determine whether or to what extent the landlord was responsible. Lawyers for the survivors and the families of...
Online Shopping Craze Causing Major Problems for Landlords
The burgeoning desire of tenants to do their shopping online has some landlords literally boxed into a corner, as package deliveries swallow up leasing offices and storage spaces. According to a news report, some apartment owners are adapting to the onslaught of...
New Incentive for Landlords to Go Smoke-Free
Landlords across the country have new incentive to go smoke-free: the nation's public housing watchdog is doing it. HUD has proposed a new rule that would require more than 3,100 public housing agencies to ban smoking, and not just in common areas or outside...
Top Strategies for Handling Problem Tenants
Eventually, every landlord has to handle a problem tenant. Anticipate it, and you will sail through the process with minimal stress or income loss. Here are some top strategies to guide you: Absentee Landlords Have More Problems Absentee landlords -- those who live...
3 Basic Eviction Rules Every Landlord Should Know
If you think evicting your bad tenant will be easy, think again. A successful eviction takes knowledge, skill, and a whole lot of perseverance. An eviction is akin to pushing a piano up a staircase: it's hard to see where you are going, you'll probably get scuffed up...
Yukon’s New Rental Law Melds Canada’s Best Practices
Yukon landlords soon will be governed by a new set of rental laws. The Residential Landlord and Tenant Act will become effective January 1, 2016. Officials call the Act "modern tenancy legislation" designed to guide both landlords and tenants. “The Residential...
Canada’s Rental Vacancy Rates on the Rise
According to the latest Rental Market Survey conducted by Canada Mortgage and Housing Corporation, landlords in Canada's largest city centres experienced an increase in rental vacancies. The vacancy rate for purpose-built rental apartments increased to 3.3 per cent in...
How to Spot a Problem Tenant (Before You Get Burned)
The majority of rental applicants are perfectly fine people and will make good tenants. Only a few will cause problems. Unfortunately, it takes only one bad tenant to push your profitable rental business into the red. Despite the odds, when it comes to tenant...
Landlords Charged for Failing to Stop Harassment
The owner and managers of a Wisconsin apartment complex are being charged with discrimination for failing to rein in other tenants who were harassing two tenants with disabilities. According to the allegations filed by HUD, the landlords violated the Fair Housing Act...
What’s Wrong with Seeking Vegetarian-Only Tenants?
A landlord in Washington has created quite a buzz by placing an ad that encourages tenants who are vegetarian. While this restriction is fairly common in ads for roommates, and even in room-shares with live-in landlords, it's unique when it comes to off-site...