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Property Management

10 Reasons Why Tenants Should Give You Nightmares

February 28, 2010
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There’s something that you start to learn after 15 years of property management and thousands of tenants. There’s nothing that will surprise or disgust you anymore. I don’t claim to have seen it all, but I’ve seen enough. The Giant TV of Doom – They’ll  bounce the rent cheques, struggle to have any sort of [...]

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Things Tenants Leave: Funny or Scary?

February 22, 2010

My parents were renovating a property of theirs after a tenant has moved out. You find all sorts of funny things tenants leave, but this was a new one.

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Make Money Buying – Make More Holding

January 4, 2010

It’s easy to understand how you can make money when you buy real estate. You find undervalued properties, motivated sellers, sweat equity or tenants from hell. The real money, as well as the potential to lose it all, comes from what you do in the years after you buy. You can find 300%+ returns if [...]

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Finding Dead Bodies

December 26, 2009
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While I’m taking some time off at Christmas I’m recycling some of the best old posts here. Enjoy, and Merry Christmas! The hardest part of investing in real estate is property management. Sometimes it’s more tenant management than property management, but either way…. Next to concerns over cost and market projections, dealing with tenants is [...]

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Roll Your Own – Organized Crime Moves Into Rental Properties

November 25, 2009
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Alex Kubyshyn shared this press release (I think from Calgary Police or Health) which is a good reminder of why you should check on your properties on a regular basis to prevent marijuana grow-ops. In BC, as I learned when I lived in Kelowna, grow-ops are a much larger problem than in Alberta. I’ve run [...]

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Five Ways To Get Screwed By Tenants

October 15, 2009
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There’s no excuse for a real estate investor not to know the Law. In Alberta you can read it for free online, download it or get it shipped to you for anywhere between $2 and $6. In Alberta there’s five documents you need to be aware of, the Residential Tenancies Act (the RTA) and four [...]

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Know the Real Rents – Ask a Realtor

June 23, 2009

There’s a huge list of important variables and issues to consider when you’re looking at a piece of investment real estate. Even with all the due diligence a good investor does, there’s one big variable that’s harder than all the rest to judge…and we’re going to make it easier for some of you who are [...]

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Response to Problem Tenants in Ontario

June 16, 2009

That is brutal! Why and how are these laws made? Is it because tenants have been making more noise over the years to the MLAs? -Jerry Thanks for the comment Jerry… I mulled over your question while working throughout the day and had a moment of inspiration…I really should be preparing for a presentation but [...]

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