Canada Landlords Association


Welcome to the Website for BC Landlords

The Canada Landlords Association is a leading organization for small residential landlords across Canada. We provide a unified voice for private landlords and promote and protect residential landlord interests to national and local government. We provide a unified voice for private landlords and promote and protect landlord interests to national and local government.

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BC Tenants Speak Out: “Close the Fixed Term Lease Loophole”

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Tenants Speak Out and Share Their Concerns and Opinions on the Rental Industry

As part of our “Let’s Improve the British Columbia Rental Industry” we have invited landlords and tenants to share their opinions on how we can make these improvements. These opinions are from individual contributors and are not the opinions of the BC Landlords Association. We believe by fostering communication between landlords and tenants we can improve the BC rental industry. Landlords and tenants can share your thoughts and opinions by emailing us at landlordtenantsolutions@groupmail.com

BC Tenants Speak Out:  We Need To End This Ridiculous Loophole That Allows Landlords To Jack Up Rents Now!

This is just my opinion and hopefully others will agree with me.  It’s about time landlords actually invited BC tenants to speak about our how stressful it is to even find a half decent, affordable apartment these days. It’s hard for us hard working tenants to even begin to understand how landlords think.

After all, the reality is you need us to pay your mortgages and with the high rents you charge you are probably not only paying off your mortgage but also raking in lots of extra cash for the next Ferrari or Porche SUV for your teenage son.

I think one of the first things we need to do to improve the rental industry is quickly close the ridiculous loophole that gives free reign for bad landlords to jack up rents on hard working tenants who are struggling already just to make ends meet.

From my own experience this is how bad landlords use the loophole to rip off tenants. When I was looking for my last apartment the landlord only offered me a what is called a fixed term lease for one year only.

In the lease they demanded I sign a tiny weird little box they said to “check”.

The little box seemed so insignificant at the time and the landlord never even tried to explain what it really meant. So I checked off that tiny little box without even thinking about it. Only later did I find out how that tiny little box could influence my life and hurt me financially as well as giving me unneeded stress that led to migrains and physical ailments.

By checking off on the “little box” I found that even though I told the landlord I was going to stay at least a couple of years I would have to vacate the apartment at the end of one year or sign a new lease, kind of like starting over like I was a new applicant, like I didn’t just spend a year of my life there and pay 12 months of hard earned, too high rent money.

After one year was over I thought what the landlord and I agreed to the year before would apply. We agreed for me to stay two years but would sign an annual lease because that was their policy. “Sure, fine, at least it’s a home for me and my five year old and close to work” I thought at the time.

Let’s face it,  if you are a Tenant in British Columbia these days you don’t have a lot of choices and need to get what you can just to survive.

At the end of the lease the landlord told me for me to stay I would have to sign a brand new lease instead of just changing the date on the current one. I thought at least the lease would go month by month on the same terms. 

“Shouldn’t the landlord work to keep a good paying client like me in their rental unit for as long as possible?” I thought.

When the landlords presented the new lease for me saying “if you want to continue living in MY apartment” everything was the same except for the date and…a much higher rent!

In British Columbia we have a rent increase guideline so landlords can’t gouge tenants with huge rent increases. 

Or so I thought. After challenging the landlord on the much higher rent she explained because this was a new fixed term lease, the terms can change…because I checked that little tiny, apparently insignificant at the time, little box.

The little box impacted my life in a negative way. I never expected to pay so much higher, and with my already tight budget for healthy food, extra classes I was taking, and some clothes and recreational activities for my child, it meant big changes in my life just to keep living in my home.

I’m no fool and learned an important lesson.

The system allows unscrupulous landlords to gouge hard working BC Tenants by allowing them to bypass the annual rent increase guideline.

After doing some research it looks like a landlord group called ROMS BC lobbied to get this “little box” added to leases.

I don’t know if it’s true, but if this is so it makes the situation even worse because if landlords specifically made this happen it’s not fair because tenants didn’t have a say in the process.. It’s really shocking and every BC landlord and BC tenant should read it, if that’s how things really happened. The weird thing they say the fixed term lease box actually helps tenants.

Maybe the “box” makers had good intentions, but at least in my honest opinion and experience it’s being abused.

The problem is landlords network and they are kind of ‘unified’ in all making us check that little box. That little, nasty, life-altering box that is playing a key role in destroying the entire social fabric of our province is becoming less fair every day. 

Fixed term leases with that little box are creating leases that are weaponized to create harm and grief for thousands of people. It’s time to end this loophole, now! This way we can make things more fair for landlords and all the tenants here in need of housing stability to build our lives and help our children be successful for the future of our province.

It’s time to end this loophole now! This way we can make things more fair for good landlords and tenants who need housing stability to protect our families. This is just my opinion but hopefully others will read it and agree and it will lead to positive change.

Thank you for your time reading this.

 

BC Landlords Want To Hear From BC Tenants – How Can We Improve The British Columbia Rental Industry?

BC Landlords BC Tenants Win Win Campaign

Landlords and Tenants: Let’s Work Together To Improve the British Columbia Rental Industry

There has been a lot debate on the state of the BC rental industry recently. Everything from landlords dealing with serious damages to their rental properties and tenants who don’t pay rent and rent increases that are too low to tenants complaining about ‘renovictions‘ and the high cost of rent.

Because this our landlord members have come together to try to get past all the confusion and want to work with BC tenants to form solutions. The reality is good landlords are looking for good tenants and good tenants are looking for good landlords and high quality, affordable rental housing. So let’s make this happen! 

BC Tenants Let Your Voices Be Heard By Small BC Landlords

Many of the rental properties in our province are due to the investment of small investors who become small landlords. Some people call us “mom and pop” landlords but whatever you call us we are the stake holders who have invested our hard earned money into BC rental properties.

Many Small Landlords Were Renters Not That Long Ago

You won’t usually see this in the media, but the reality is many small landlords were renting ourselves not that long ago. We rented while studying at university or while looking for a job. So we know how important it is for landlords to offer high quality, afford housing from our first hand, personal experiences.

A Vancouver landlord wrote in:

“I invested in my condo and made sure it was exactly the type of place I always wanted to rent. I also want to make sure I’m the ideal landlord who is service oriented and caring. Did anyone see that silly movie a few years ago called “Hot Tub Time Machine”? Well if I could go back in time I would want to rent from me now.”

Let’s Get More People Investing and Creating High Quality Rentals

Good landlords know it’s important for us to have high quality, well-maintained properties that will attract good paying tenants. We also need to make sure we have fair rules that will lead more good people to invest.

A Surrey landlord explained her goals and why she became a landlord:

“As a small business owner I don’t have a pension. My rental property is to protect me and help me when I’m retired. Nothing nefarious here, only my investment property and my hope to keep finding good renters who appreciate me and respect the rental property.”

In What Ways Do BC Tenants Want to Improve the BC Rental Industry?

Help us help you by providing your thoughts and opinions on how we can improve the BC rental industry.

1. What are you looking for when choosing a rental property?

2. How important is it for you to be near public transportation?

3. Where is your “go to” place to look for a rental?

4. What qualities are you looking for in a landlord?

5. Do you have any thoughts or opinions on improving the BC rental industry?

Landlords and tenants can share your thoughts and opinions by emailing us at landlordtenantsolutions@groupmail.com and let us know your answers to these questions or about anything else to improve the BC rental industry. We won’t edit or censor anything and are looking for your side of things.

British Columbia Landlords and Tenants Working Together For Success

Both landlords and tenants play an important role in the success of our province. Let’s work together to make things better and improve the BC rental industry for years to come.

British Columbia Landlords Can Raise the Rent 3.7% in 2017

British Columbia B.C. landlords rent increase guideline 2017 is 3.7 percent

B.C. Landlords – The 2017 Rent Increase Guideline is 3.7%

Are you going to raise the rent in 2017?

With costs rising, and the risk of damages to your rental property it’s important to keep your rents high enough to cover your expenses.

In 2017 B.C. landlords can raise the rent a maximum of 3.7% for current tenants.

In 2016 residential landlords can raise the rent by only 2.9%.

If you are planning on raising the rent remember you can only do so once a year by the legal permitted amount. You also need to provide proper notice and use the proper forms.

For more information on how to raise the rent in 2017 go to the residential tenancies website.

B.C. Landlords Are You Going To Raise the Rent in 2017?

Remember to follow the rules for rent increases carefully and let 2017 be a successful year for your rental business!

BC Landlords Pet-Friendly Rental Housing Campaign

British Columbia Landlords pet campaign

BC Landlords Pet Campaign – Let’s Get Good Landlords and Good Tenants Working Together To Create Safe and Successful Pet Friendly Rental Properties in British Columbia!

We receive a lot of forum messages and emails from BC Landlords and Tenants. One of the most common topics is about pets.

On the one hand tenants says they are having hard times finding rental properties because they have a pet. They find many landlords get wary when they find out they will have their pet living with them. Some landlords will even refuse the tenant applicant outright.

On the other hand we also get tonnes of messages from BC landlords and their side of the issue. Many landlords say they are animal lovers and understand the importance of having pets. After all, many landlords have dogs, cats, fish, birds, etc. themselves.

The problem they face is they are small, residential landlords and not corporate landlords. This means they have limited budgets and worry about the costs involved in cleaning up after tenants who were irresponsible owners move out.

What’s the Solution for BC Landlords and Tenants with Pets?

The key is for all parties to work together with the shared goal of creating a great situation for everyone involved. In order to help do this it’s important to take a fact based approach that serves all members of the community.

In order to get these facts we contacted the BC SPCA. Their very helpful and informative Outreach Team provided some very useful information:

Question 1: Are companion animals often surrendered to the BC SPCA for housing related reason?

Unfortunately yes, we see a high number of animals surrendered every year because people cannot find a place to live with their companion animals.

Question 2: What type of numbers are we talking about?

The numbers fluctuate year to year, but on average 20% of our surrenders province wide cite problems relating to housing as the reason for surrendering. In 2015 we adopted out 15,811 animals, meaning approximately 3,100 of those animals were surrendered by their original guardians because they could not find a place to live that would take animals.

These situations are always heart breaking- no one should have to give up a family member because they cannot find pet-friendly living space.

Question 3: Can you share some general tips on what types of fair questions might be helpful for small landlords to ask when a potential pet owning tenant wants to rent from them?

Aside from general questions about the type of animal, age, and spay/ neuter status it is often good to ask about what kind of care plan they have in place for their animal.

-Does their dog go to daycare or do they have a dog walker that takes them out while the guardian is at work?

-What kind of exercise plan do they have for their animal?

-How regularly do they visit a veterinarian?

-Does their dog go to daycare or do they have a dog walker that takes them out while the guardian is at work?

-What kind of exercise plan do they have for their animal?

-What kind of enrichment items or activities do you have at home to keep their animal occupied while they are out?

Getting answers to these kinds of questions can give the landlord a better idea of how responsible the guardian is, and what type of behaviour they can expect from the animal.

A well socialized, entertained, exercised animal will usually express less troublesome behaviour than one who is not.

Question 4: Landlords are often worried about responsible grooming habits for pets.  What are some fair and helpful questions a landlord might ask that could help them feel more comfortable with this worry?

Questions about nail trimming for cats & dogs is a good to ask as there is sometimes a concern about scratching floors or furniture.

Having regular nail trimmings, and scratching toys can reduce the risk of that kind of damage- however it is fair to note that scratched floors can happen by pushing a chair back from a table, or wearing shoes indoors just as easily.

A FIREPAW study found that “there is no statistically significant damage between tenants with pets and tenants without pets”.

On average FIREPAW found that “tenants with pets in pet-friendly housing stay an average for 46 months compared to 18 months for tenants residing in rentals prohibiting pets”.

For a landlord this means less lost income looking for tenants, and less hassle arranging for move outs/ins, cleaning, advertising, and interviewing new tenants.

Question 5: We read about the idea of pet resume.  Could you tell us how that works and how it can be helpful for both small landlords and tenants?

The BC SPCA has a sample pet resume available online that we encourage potential tenants to use when looking for housing.

We find that many landlords are hesitant renting to tenants with animals simply because they do not know what the animal will be like; a pet resume that clearly outlines the personality of the animal, any training and experience the animal has had, and what kind of health and grooming considerations he/she may have can alleviate the fear of the unknown.

It gives a great snapshot of what to expect from the animal- just like an interview assists a landlord in knowing what to expect of the tenant.

Question 6: Do you have any general tips to help pet loving landlords encourage other landlords to be open about renting to tenants with pets?

Focus on the benefits of having pet friendly rentals: longer tenancy, alleviating the problem of homeless animals and potential for higher rental income (pet guardians tend to be willing to pay more for a pet-friendly space).

The greatest impact for changing someone’s mind is to focus on the positive results of a choice, instead of just trying to dispel myths.

Question 7: Does the BC SPCA have any workshops or events to help landlords learn to be good ‘pet friendly’ landlords?

We do not have anything at the moment, however please feel free to get in touch with us if you have any questions and we will be happy to accommodate.

BC Landlords and Pets

We again want to thank the very helpful BC SPCA Outreach team for their advice and information.

The reality is there are a lot of tenants out there who have pets and it’s a terrific market for small residential landlords.

Tenants should know the financial concerns that small, residential landlords face.

By understanding each other, both landlords and tenants (and their pets) can find nice, safe homes.

B.C. Landlord Rent Increase Guideline for 2016 is 2.9%

bc landlords rent increase for 2016British Columbia Landlords – The 2016 Rent Increase Guideline is 2.9%

Are you going to raise the rent in 2016? As costs rise many BC landlords are going to raise the rent and want to know how much they can raise rents in 2016.

British Columbia landlords can raise the rent only one annually. Furthermore the rents can only be raised by amount allowed by provincial law. Landlords also must provide their tenants with at least three months notice and use the property forms. The rent increase is a percentage equal to the rate of inflation plus 2%. For more information see the province website here: Rent Increases

Join Us For Help and Great Services For BC Landlords!

BC Landlords Association Membership

Join us for a One-Time Registration Fee (No Annual Fee!) For Real Help For Landlords and Property Managers

BC landlords are waking up to the fact you need to screen tenants carefully to avoid renting to the “pro tenants” out there.

Sure there are a lot of great tenants out there. However, times have change and it’s important for landlords to protect themselves, their properties and their wallets.In the past you could rely on a handshake with tenants before you handed over the keys. Oh, those were the days!

Experienced BC landlords know there are lots of great people looking to rent safe and affordable properties from friendly and professional small landlords and also lots of not so good tenants who can end up costing you thousands of dollars in losses and months of stress.

It’s up to you to make sure you find good tenants and rent to them. And you now have the services and tools you need to identify good tenants, avoid the bad tenants out there, and become a successful BC landlord for an incredible low price.

Lots of Great Tenants, And Some Others You Need To Avoid

Landlords across British Columbia are still shocked at how a couple of serial bad tenants managed to rip off so many landlords in a short period of time.

They eventually paid one of the landlords what they avoid to avoid jail time, but there are still lots of landlords who they owe money to and the legal process for B.C. landlords seeking justice is slow and stressful.

You Can’t Get Blood From a Stone

This old saying applies for BC landlords.

If you rent to bad tenants who don’t pay rent and rip you off you will have to go to court to try to get your money back.

Canada doesn’t have debtors prisons and if your ex-tenants don’t have any money you won’t see a cent.

This is why it’s important to run tenant credit checks and rent to good tenants and avoid all the hassles of chasing bad tenants who will never pay you the rent they owe and you will never be fully paid for the stress they gave you!

Why Do BC Landlords Rent to Bad Tenants?

There is an excellent article at the Globe and Mail on this topic.

The Globe interviewed Rochelle Johannson who is a lawyer who deals with landlord and tenant disputes.

According to Rochelle too many small landlords base their decision on who to rent to on whether they “like the person or not.”

Too many landlords rely on their “gut feeling” and don’t verify what the people who want to rent your rental property say.

Even when some landlords do a bit of digging they often don’t do it the right way.

Calling a reference the renter gives you might be a friend acting as a former landlord or former employer. They will tell you lies to help their pal rent from you…and rip you off!

Get Terrific Services for BC Landlords (for only a one time registration fee!)

Join us for an affordable one-time registration fee and get access to networking, the BC Landlord Rental Kit, and premium easy to use credit check services. 

Here’s what you get, it’s an incredible deal for landlords!

1. One time registration fee only

No annual membership fee. Once you join you never have to pay another cent. Compare this with other BC landlord groups who charge you $50 just to get set up, and then they keep on charging you year after year.

2. BC Landlord Rental Kit  

Get all the documents you need in your own Rental Kit library that you can download 24/7.

3.  Landlord Community Center and LANDLORD PROFESSIONAL Forum

Network with thousands of other landlords in BC and across Canada. Get tips and advice from a huge nation-wide network of experienced and successful landlords.

4. Handbooks and Manuals

Landlords can get ahead to the line with premium landlord education.

5. Premium Credit Checks

Start running premium credit checks on tenants to protect your investment.

Property Management Companies

You can join get our BC landlord services for a one time fee just like smaller residential landlords can. Why spend thousands of dollars when you can join our landlord and property management community?

BC Landlords Help

We are not affiliated with the government. We are run by successful residential landlords and property managers not bureaucrats getting salaries.  We have worked hard to offer the best deal possible to help landlords succeed.

Our group charges only a one-time registration fee for great services including premium tenant credit check service and access to the BC Landlord Rental Kit with leases and applications! There are not “annual fees” because we understand BC landlords are on a tight budget.

Join Us and Welcome To Our Community! Get Great Tools and Services For a Low One-Time Registration Fee (No Annual Fee!)  WE ARE REAL HELP FOR SMALL RESIDENTIAL LANDLORDS!

British Columbia Landlords: Find Good Tenants! Use Credit Checks

BC landlords good tenants credit check

Use our BC landlord services to Find Great Tenants And Avoid the Serial Bad Tenants Out There!

Get The Best Tenant Credit Checks Available! We Are Landlords and We Help Landlords!

ONLY A ONE-TIME SET UP FEE FOR PREMIUM CREDIT CHECKS AND THE RENTAL KIT AND MORE! 

The report of the CBC investigation of serial bad tenants is a huge wake-up call for landlords all across our province.

The report is about serial bad tenants who don’t pay rent.

It has landlords demanding a bad-tenant registry in British Columbia.

We had a Vancouver landlord email us the following:

“I also rented to some bad tenants. I was lucky they left owing only a month of rent and left the rental property pretty clean with the keys in the door.

I know see how lucky I was and will never rent to anyone without screening them properly!”

A landlord in Kelowna wrote in:

“This type of tenant scam happens all the time. Only now the media finally reported it!”

We even had an Alberta landlord write in with advice:

“Don’t wait for the government to do anything because they won’t. Make sure you check out anyone who wants to rent your property because this type of bad renter behaviour is happening not just in British Columbia.”

What Makes a Tenant A Good Tenant?

The good news is most of the tenants are there are good. These are the people you need to rent to. They treat you and your property with respect and pay the rent on time.

What is a Bad Tenant?

As we see from the CBC news report, bad tenants don’t pay the rent.

It’s also common for these types of tenants to cause damages to your rental property, leave a lot of garbage behind when they finally move, and cause a lot of drama with other tenants (and give their drama to you, the landlord).

How Can A Landlord Find Good Tenants? (And Avoid the Serial Ones)?

The most effective way is to be careful who you rent to.

A good tenant screening process includes a credit check.

It will provide you with a window on your tenant applicants financial history, as well as verify employment and past addresses.

What Will A Tenant Credit Check Show Me?

It’s exactly what successful landlords need to rent to the great tenants out there!

1. Credit Score

A credit score reveals the credit worthiness of a potential tenant.

If they have a history of paying their bills on time and being careful with the debts and finances it will result in a high credit score.

2. Current and Past Addresses

If any of the landlords had check their tenant’s credit they would have been able to see where they lived before and contacted those former landlords.

This way they would have found these tenants had a history of not-paying rent.

3. Employment

Are they currently employed? What about past employment?

4. Identification verification

Are they who they really say they are?

5. Past court judgments and other important information

Has anyone sued them and won a judgment against them? Do they owe anyone money? Are people chasing after them to try to collect debts owed?

All this is vital information about the people who are thinking of allowing into your investment property.

How Much Will This Cost?

Other groups charge members an annual fee to become a member.

Yikes! Those fees add up!

We don’t believe this is fair for small landlords.

For small landlords this large fee can add up, especially as you have to continue to pay year after year.

British Columbia Landlords – Get our services for only a one-time fee of only $99 and get access to the best credit checks available at a great price!

BC Landlords: Premium Tenant Credit Checks for $12/check!

March 3rd, 2014

BC Landlords Landlords Are Helpless Against Bad Tenants No Now With Tenant Credit Checks

Are Landlords Helpless Against Bad Tenants? Not Anymore! This Deal Can’t Be Beat!

Landlords across British Columbia are becoming aware of the need to protect ourselves against bad tenants.

We’ve seen too many cases of small business landlords not getting paid rent for six months or seeing their rental property turned into a crack shack.

With an increasing pool of good tenants out there, make sure you take the necessary steps to find them (and shut out the professional tenants who want to rent from you).

How Can I Make Sure I Rent To Good Tenants?

Good tenant screening is the key.

This includes a tenant credit check which will go beyond a tenant telling you a ‘story’ and show you the real numbers and verify if they are telling you the truth.

BC Landlords Can Now Do Premium Credit Checks For Only $12 Per Check (with no hidden or annual fees!)

Many landlords don’t make tenant credit checks part of their screening process.

Why?

Many of the credit check companies out there are confusing in how they bill you.

It’s nearly impossible to know how much it will cost you with all the ‘additional fees’ they charge.

And they want an annual fee for any type discount, if they offer any at all. 

Small landlords are on a budget and paying $25 or $30 or $40 for a tenant credit is simply out of reach for most landlords.

The Problem With Asking a Friend To Do A Tenant Credit Check For You

We live in an increasingly legalistic society. 

This means it important small landlords know the rules and follow them.

Some landlords will ask a friend who is a real estate agent, works at a bank, sells mortgages or works at a car dealership to check their tenants for them.

This can lead to big problems for you and your friend and if reported to Equifax will get your friend (and their company) cut off from Equifax services.

It can also lead to a Privacy Complaint against you with the provincial government.

Getting a friend or relative to do a tenant credit check for you is simply not worth the risk when you now have safe, legal, and affordable options!

Now BC landlords can do safe, legal credit checks for an incredibly low price per check

We have partnered with GARDA a world leader in background screening.

How Long Does It Take Me To Get Set Up For Tenant Credit Checks With GARDA?

No time at all.

GARDA doesn’t require you to get ‘set up’ taking days, or weeks or months before you can do a tenant credit check.

You get a form your tenants sign and you then can get your tenant credit check done. This means:

1. No hassles

2. No delays

3. No need for copies of your passport, drivers license, etc.

You can start doing checks immediately.

What Does A GARDA Tenant Credit Check Show Me?

A GARDA credit check provides you with some of the most important information you need to make an educated decision on choosing tenants.

You get to view into the financial past and present of your potential tenant to make sure they are the right tenants for you!

– GARDA tenant credit checks confirm the tenant’s identity

– GARDA tenant credit checks verify the tenant’s employment

– GARDA tenant credit check confirms previous employment

– GARDA checks show if they have any court judgments against them

– GARDA tenant checks show you the tenant applicant’s credit score

All this information for a low cost per check.

With no annual fees

With no hidden additional costs.

Become a Member of the BC Landlords Association

While other groups offer very little to help small British Columbia landlords succeed, we offer real value to help you and your rental business!

For Only $12 per Check For Members You Can Make Sure You Rent to Good Tenants!

Are you willing to invest $12 to make sure you rent to good, paying tenants (and avoid the pros)?

British Columbia Landlords: Rent Increase Guideline 2014

January 1st, 2014

BC landlords British Columbia landlords Rent 2014

BC Landlords Are Asking “How Much Can I Raise the Rent In 2014?”

It’s news from the Residential Tenancies Branch that landlords all over the province are interested in.

Each year the government announces how much BC landlords can raise the rent for their tenants.

British Columbia Has Rent Control

Lots of new people who invest in residential rental properties in British Columbia are unaware we have what is called ‘Rent Control’ in this province.

This means the provincial government interferes with the rental market and controls how landlords run their rental businesses.

It doesn’t matter if you are a Vancouver landlord or if your properties are in Surrey or elsewhere, you have to obey whatever the government thinks is right when it comes to rent increases for the new year.

We are in a similar situation to what Ontario landlords face each year.

And those landlords aren’t happy with it.

Go check out the Ottawa Landlords blog to see what they face and they feel about their tiny 0.8% allowable rent increase.

How Much Can British Columbia Landlords Raise the Rent in 2014?

BC landlords can raise the rent 2.2% in 2014.

The Rent Increase for 2014 at 2.2%… It Just Feels Far Too Low!

We’ve received lots of emails already from landlords who feel the same way.

After all, the Rent Increase Guideline for BC landlords was 3.8%.

And many landlords don’t think their increased costs are lower than what we faced in 2013.

A Kelowna landlord emailed us the following message:

Property taxes go up. Hydro costs go up. Heck, even water bills are going through the roof!

Does the government really want people to invest in rental properties? Because it sure doesn’t seem like it.

I thought we decided against the NDP!

Why can’t we have the same rules as what Alberta landlords get?  My cousin is a landlord in Calgary and she is going to raise the rent over $100 for her $900 rental apartment.

That’s where the government keeps their Big Brother/Big Sister ideas away from good landlords who just want to make a profit of some sort by providing great properties to good tenants??

BC Landlords and Getting Good Results in 2014

As we have read, BC landlords faced a lot of challenges in 2013.

With a low rent increase for the new year landlords must be extra careful who they rent to.

Make sure you do proper tenant screening and don’t rent to someone who will not only give you a headache, they can stay in your property and enjoy very small rent increases for years on end.

To discuss this and other landlord matters go to the BC landlords forum.

Investing In British Columbia: Landlords Can Take Advantage of a Growing Tenant Pool

Converting Prospects to Customers - Sales Doorway

As Home Prices Rise the Pool of Good Tenants Grows for BC Landlords

In our last blog post we discussed how BC landlords can enhance our chances to rent to good tenants with proper tenant screening techniques.

With proper tenant screening, including credit checks, you improve your chances of renting to good tenants who respect you, respect your rental property, and pay the rent on time.

Some potential investors have emailed us asking “are there any good tenants in BC?”

It’s a valid question considering the media attention on so many ‘tenants from hell.”

Opportunities for British Columbia Landlords

Let’s focus on the positives of investing and becoming a landlord in BC.

According to a report in Canadian Real Estate Wealth Magazine buying a home is becoming increasingly difficult.

Difficulties in getting a mortgage are only one obstacle for new buyers. Prices are rising.

You also have to service the home.  Utilities costs and taxes are rising.

An RBC report shows buying a house is simply not affordable for many renters.

The reports states that in 2013 a house owner will have to spend over 40% of household pre-tax income just to buy a small bungalow.

Owning Investment Properties Is a Business

A successful business has lots of good, paying customers and clients.

With the increasing costs of home ownership, it means many people who plan to buy a home will:

1. If they are currently renting they will hold and continue renting

2. Non-renters will decide to rent for a period of time before buying

The Pool Of Good Tenants Is Growing More people renting means the tenant pool grows.

This isn’t only happening in Vancouver.

Landlords in places like Surrey and Kelowna will also have more opportunities to rent to good tenants.

Reminder: There are Still Bad Tenants Out There

It’s important for landlords to use the proper tools and services to find good tenants.

Whenever you get the feeling of renting to tenants on your ‘gut feeling’ read this story about a Victoria landlord who is out more than $20,000 in lost rent, for fixing damages, and having to clean up the mess her tenants left.

Remember, lots of good tenants are looking for a good landlord…they are looking to rent from YOU

Make sure you screen your tenants carefully at all times.

Know what questions to ask.

Employment and tenant credit checks are a must.

Succeeding Is Now Up To You There are lots of good tenants out there.

Make sure you find them, and help them find you!

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