The British Columbia government announced that it has begun implementing the recommendations of the Rental Housing Task Force released last December. (See our post British Columbia to Revamp Rental Regulations.) These changes will be adopted in three stages. Phase 1,...
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Rental Property Management Tips
3 Things Landlords Need to Know About Tenant Screening
Tenant screening may the most important part of property management, but it doesn't need to be the most difficult. Don't make it harder than it has to be. Avoid these mistakes and keep your properties profitable for years to come: Your Rental Ad Could Be Your Undoing...
Property Manager Settles Claim Over Secondhand Smoke
A property manager in San Diego agreed to pay damages to a tenant to settle a claim over secondhand smoke. The tenant has a child with a respiratory disability, and the neighboring tenants were heavy smokers. The tenant claims that the secondhand smoke was aggravating...
Landlord Sued for Allegedly Taking Tenant’s Cat
The property manager and the owner of a rental home in Portland are facing a lawsuit after the manager allegedly entered a unit and removed a tenant's cat. According to a news report, the tenant claims that a neighbor saw the property manager take the cat. The tenant...
The Hottest U.S. Rental Markets
Chicago, Los Angeles, and Atlanta are the most popular places to rent, according to analysis conducted by popular rental search platform HotPads. More renters are looking to relocate to these cities while locals don't want to leave. HotPads analyzed rental searches on...
3 Ways to Minimize Rental Losses
With rent growth hampered by increased regulations, it's more important than ever for landlords to minimize potential losses. Tenant fraud, property damage, and tenant defaults are the main reasons for income loss. Here are three strategies that can help minimize...
Tenancy Agreement or Revolving Line of Credit?
Are you a landlord or a banker? The distinction may not be so clear to your tenants. With increasing rental regulations and political rhetoric painting tenants as victims and access to rental housing as a right, bad tenants are emboldened to take advantage by signing...
Judge Says Landlords’ Close Call Too Much to Ignore
The landlords of an apartment building in Oshawa were fined $30,000 after firefighters helped a blind tenant escape during a fire. The building had no functioning smoke detectors and other safety concerns. According to a report, the judge found this close call too...
Landlord Tips for Property Showings
Showing a rental property can be a time-consuming exercise, one that a landlord does not want to have to repeat several times before securing a new tenant. Here are some tips that can maximize effectiveness and efficiency when it comes to property tours: Prequalify...
Landlord Penalized for Faulty Lease
A landlord in New York has agreed to pay a $5,000 fine after a complaint that he provided tenants with a lease agreement that contained illegal provisions. According to the state's attorney general, the landlord's lease included provisions that: Denied tenants the...