Archive for the ‘BC landlord forum’ Category

It’s Important To Pay Your Rent To Your Small Landlord

Saturday, April 18th, 2020

My name is Laura and I post under my name on the BC Landlords Forum. I’ve been active there for years to try to help other tenants and give some of my advice to help small landlords too.

These are crazy times for everyone.

And while tenants are suffering it’s also important to know your landlord might be suffering too. This pandemic is hurting everyone.

We Need To Stick Together

I used to own a house and we rented our basement out years ago and it really helped us cover our mortgage. When my husband died my children were grown so I decided to sell the house and rent.

Renting has a lot of advantages.

I don’t have to worry about any maintenance issues and my landlady has a service to cut the lawn and plow the snow.  My landlord cover my utilities so she can get just one payment each month to keep things uncomplicated.

My landlady is a teacher and her husband has his own contracting company and they are terrific.

“Are You Going To Pay The Rent?”

When all this chaos started in March and the government said ‘tenants don’t have to pay rent” my landlady called me and asked me if I was going to pay the rent.

I told her “of course I will”. She was thankful and said if I needed a break just call her.

My Landlady Is Professional and Kind, And I Make Paying Rent A Priority

I’m in a pretty good situation where I don’t need to worry about buying food and my children are adults now.  I know others might not be as safe as I am.

I’m going to pay the rent not only because it’s the right thing to do, but because I want to keep my excellent relationship with my landlady and know that if I don’t pay rent it could hurt her financially (and even lead to her selling this place).

Pay You Rent And If You Can’t Call Your Landlord

My landlady isn’t some big global corporation. She and her family invested and thanks to them I have a great place to stay at a great price.

Rent Strike Hits Small Landlords, Not The Corporate Landlords

-Not paying rent will just get rid of the small nice landlords who care about you.

-Not paying rent will not impact the big heartless corporations.

-The whole “rent strike” people are likely corporate landlords who want to get rid of small landlords who are their competition.  At least that’s what I think.

Stay Home and Stay Safe!

I’m so happy to have a great rental with a great landlady. I feel safe and don’t ever want to move.

With Love And Wishing Everyone Stays Safe,

Laura

 

Need Help In These Challenging Times?

Thursday, April 9th, 2020

Tenants Not Paying Rent?

Landlord and Tenant Branch is Closed?

Government Says Evictions Are Illegal?

What’s Going On And How Can Landlords Survive  (and even thrive?)

The rental industry is pretty crazy these days. According to the government we can’t even evict tenants who refuse to pay to pay rent.

And lawyers and paralegals are demanding huge fees to “help” you with no guarantees of refunds if they lose at the tenancy branch.

Go ahead and ask them: if you don’t give me the result for the thousands of dollars I pay, will you pay me back?

Now is the time for all small business landlords to join our community and we become a strong voice for change!

Network with other landlords, many successful and experienced, to make sure your rental business succeeds

Join Our Landlord Community for A One Time Registration Fee!

 

Get Help And Support From Successful And Experienced BC Landlords

Thursday, September 5th, 2019

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Join Our Helpful and Supportive Community For Your Rental Business Success

BC landlords face a lot of challenges and need to be informed and careful to succeed in the current anti-landlord environment. 

Join our BC Landlord Community to network with experienced and successful British Columbia landlords.

Our community is in BC and all across Canada with tens of thousands of residential landlords networking and helping each other.

Join us and join our winning team.

 All for a one time fee!

See the information on our services pages for details.

Make Your Rental Business Successful and Profitable! (and make sure you rent to great tenants!)

B.C. maximum allowable rent increase for 2019 is 4.5%

Sunday, September 9th, 2018

BC landlord rent increase 2019

This is the largest rent increase since 2004

Successful BC landlords know how important it is to raise your rents every year.  With inflation and rising costs if you don’t raise the rent you can quickly fall into the trap of not only losing your cash-flow but even being cash-flow negative! Losing money every month can be a stressful and scary experience!

Many landlords across British Columbia were worried this year the rent guideline would be very low. 

After all, BC landlords are facing a lot of challenges these days. For many of us, it feels like investing in real estate, creating jobs and great rental properties is a ‘bad thing’ in BC.

Many landlords are even thinking of investing outside of BC now.

The good news is the rent increase guideline for 2019 is very fair. The BC government has set the maximum allowable rent increase at 4.5% in 2019.  It was only 4% for 2018.

This is the biggest increase since 2004 (When it was capped at 4.6%). Alberta landlords can raise the rent as much as the market can bear each year with property notice. 

Many Ontario landlords are furious that despite the same type of inflation and rising costs as we have in BC they can only raise the rent by 1.8% in 2019.

BC Landlord Landlord Rent Increase Guideline 2019

BC landlords you can raise the rent 4.5% in 2019.  According to the CBC this has many BC tenants angry but this is a great step by the gov’t to help us small landlords succeed (and not sell and invest in friendlier markets).