DK RentalA collection of research and reports on the topic of PM Challenges & Tenant Issues in the rental property management business around the globe. Read through, see where opportunities are heading and share your opinions.
The average wait time for an RTB hearing is 15 weeks.? According to the RTB, the branch is receiving over 1,800 applications every month vs. 1,500 applications between 2018-2021! How are you dealing with tenants taking advantage of the waiting period and not paying the rent?
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No difference in why owners need rental property insurance, there’s a strong reason for enforcing tenants to get tenant insurance. Do you think the tenant will declare bankruptcy?
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This is another example of why both owners and tenants need to get insurance. For owners, it is mandatory. For tenants, we require it and make it a material term in our tenancy agreement. What are your thoughts?
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A landlord like this person needs to go to jail. She tried all the excuses and it finally backfired. Maybe the 30 days in jail may be the wake-up call or not?
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Reading deeper, it's great marketing by Prince Rupert to attract residential developments as the City is offering incentives by waiving fees for building permits, rezoning, and a break on property taxes for up to 10 years! Has anyone done the math?
There is a better way to sell a tenanted property to avoid this penalty. Sell it tenanted and have the buyer serve the tenant notice to vacate for personal use.
The demand for work from home was already established after the pandemic lockdown. Technology made it quick and easy. The question is how landlords can maximize their value proposition and attract qualified tenants who can afford to pay the rent?