Joining forces with other landlords and property managers is one of the best ways for a Canadian rental property owner to maximize rental profits.
Landlord associations can offer the opportunity for education, which is turn leads to profitability, without having to suffer the hard knocks that come with experience alone.
For instance, the BC Apartment Owners and Managers Association offers ongoing landlording seminars derived from the experiences of countless landlords and property managers.
Best Practices for Landlords 101 covers how professionals screen tenants, and how landlords can increase the odds for a successful tenancy. This two-and-a-half hour seminar will be offered March 15th at the Vancouver offices of BCAOMA.
Ending the tenancy is difficult, and can cost a landlord hard-earned profits. Even if a landlord has never experienced the need to evict a tenant, they still benefit from having eviction strategies in mind for dealing with problem tenants in order to avoid prolonged eviction proceedings, and long-term rental loss due to vacancies. BCAOMA’s Best Practices for Landlords 102, to be presented February 8, will provide the information landlords need to make educated decisions concerning evictions.
Visit the BCAOMA website and click on Events and Seminars for more information, including a registration form. Members receive a significant discount on the seminars, as well as the comfort of knowing they are part of a large association of landlords who find strength in numbers.
This post is provided by Tenant Verification Service, Inc., helping landlords reduce the risks of renting with fraud prevention tools that include Tenant Screening, Tenant Background Checks, (U.S. and Canada), as well as Criminal Background Checks, and Eviction Reports (U.S. only).
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Disclaimer: The information provided in this post in not intended to be construed as legal advice, nor should it be considered a substitute for obtaining individual legal counsel or consulting your local, state, federal or provincial tenancy laws.