Posts Tagged ‘insurance’

BC LANDLORD PROTECTION Membership Is Now Available!

Wednesday, October 17th, 2018

BC Landlord Protection Header

In These Challenging Times We Have Created A New Level Of Membership To Help BC Landlords Succeed

PROTECTION MEMBERSHIP Provides You With Tools & Services To Succeed For A ONE-TIME FEE

Landlords across the province know there are a lot of great renters out there. These are people who pay the rent on time and respect you and your rental property. They follow the rules and treat the rental like it’s their own home.

When you rent to these types of tenants being a landlord is a nice and often profitable experience. Being a BC landlord can be an exciting and profitable business.

Sure there are always stories of landlords facing problems in British Columbia.  But long term veterans know that if you have a professional tenant screening system and a strong network to assist you if any problems with tenants arise being a landlord can be fulfilling business investment. However, these same experienced landlords know we face new challenges.

BC Landlords Face A Lot of New Challenges

New landlords already know that one of the biggest challenges is the price just to buy your investment property.  We have to pay hundreds of thousands of dollars to buy a nice and attractive rental that good tenants are looking for.

With these types of prices we need to make sure we rent to tenants who pay on time and don’t make any damages. And while there are lots of great tenants out there, if you aren’t careful you ca get burned.

A Vancouver landlord was forced to set up a ‘Go Fund Me’ page after a tenant turned his rental condo into “brothel/ prostitute ring” and trashed his property.

BC landlords also face a lot of new rules such as the “vacancy tax” and more. What’s troubling is things that hard working landlords know are important for our success, such as allowing for fixed term leases, are being changed and it’s unfair.

We also have a new rent guideline formula.  For years we were allowed to raise the rent on existing tenants by the rate of inflation, plus an extra 2%.  So the rent increase guideline for 2019 was originally announce at 4.5%.

However, now the guideline has been changed and it’s only 2.5%.  Experienced landlords know our costs are going up and 2.5% is too low.

The list goes on and on (including legal marijuana) with one common theme: more rights for bad tenants and less rights for good landlords.

It’s why BC landlords need to network and help each other like never before.

A New Level Of Membership: BC LANDLORD PROTECTION MEMBERSHIP

With all these new challenges our BC team of landlords has come up with PROTECTION Membership to help landlords succeed. 

LANDLORD PROTECTION BUTTON LARGE

We’re landlords too and have “skin in the game” and are not bureaucrats getting a salary to ineffectively “defend landlord interests” with many false facts.  We know how important it is for landlords to protect ourselves and our rental properties!

For only an affordable one-time registration fee (no yearly fee) BC landlords get access to a ton of amazing tools and services that can’t be beat. Here are some of the benefits of membership:

BC Landlord Rental Kit

Get access to applications, notices and everything you need in our online library available to you 24/7.

Access To The Forums, Including the Private Members Forum Not Seen By The General Public

Network with other BC landlords and property managers as well as experienced landlords from across Canada to help you and your rental business succeed. In our Private Members Forum posts are not available to the general public and everyone is a verified landlord

Discounts on Premium Credit Checks

Get huge discounts on premium credit checks. One long time member said “With all the discounts on credit checks I’ve actually made a lot of money by being a member.  The savings is now much more than my membership fee! This is a deal that can’t be beat!”

Criminal Checks To Add To Your Tenant Screening System

We now offer low cost criminal checks to make sure you protect your rental property.

Insurance Discounts

Get access to great insurance products for a big discount

Property Management Software

Manage your rentals the right way with discounts on terrific property management software.

Become a BC Landlord PROTECTION Member and Get Amazing Tools and Services To Help Your Rental Business Succeed and Make Profits!

All for a one-time registration fee!  We help landlords because we’re landlords too!

Hoarders? What can a landlord do?

Tuesday, July 19th, 2011

“Our hands are really tied under the Residential Tenancies Act.”

 July 2011

Like a lot of residential property investors in Ontario are doing these days, the Toronto Star asked:  The threat from hoarders is real, but do property managers have the power they need to get access to apartments and protect their tenants? 

According to the Ontario Residential Tenancies Act landlords must seek the permission of their tenants to enter their rental units. Gaining access is often difficult. However, following the terrible fire at 200 Wellesley St. E. last September, the fire marshal’s office is now asking landlords to be vigilant about reducing risk to other tenants from the problems caused by hoarding, and to notify local fire departments if they see instances that are of concern.

What can landlords do?  Two members of the Ontario Landlords Association Andrew Ganguly and April Stewart of Landlord Legal were interviewed to help provide advice and guidance.

Ganguly explained “The problem we have is that our hands are really tied under the Residential Tenancies Act.”

“If I serve the required 24-hour notice to inspect a unit and the tenant refuses entry I’m stuck — the tenant doesn’t have to let me in. It causes a lot of anxiety because you want to keep an eye on it because you know you will be the one to be blamed but you can’t do anything about it.”

Stewart gave background information on Section 15 of the Fire Protection and Prevention Act, 1997 which allows a fire official to enter a premises “without a warrant or other authorization for the purpose of removing or reducing the threat.”

In one of Stewart’s cases, the tenant had piled up so much debris gathered outside and inside the house  the fire department issued such as order.

Stewart explained the landlord had not managed to get the Landlord and Tenant Board to issue an eviction notice. While the fire department is now asking the landlord to get rid of all the debris left by the tenant, the landlord knows that under the law he can’t do so as the tenant was not legally evicted.

Stewart said “Now the landlord is in a bad position, left in limbo with the status of the tenant because the landlord tried previously to get rid of the tenant but didn’t win the eviction case.”

Read more at the Toronto Star.

Discuss the article in the Ontario Landlord Forums.