Landlords

Landlord Guide: Rental Property Rules

When renting out your property, it is absolutely crucial that you carefully think through a set of rules for your tenants. Many of these should be reflected in the Lease Agreement providing as much detail as possible to avoid any ambiguity. Ultimately, this will help you avoid conflicts with your tenants and, hopefully, preserve the condition of your rental property.  Top 12 Considerations when setting Rental Property Rules We’ve outlined the ...

Read More

Landlord Guide: Renting To Students

Is Renting to Students a Good Idea? For many, the idea of renting out your home or apartment to students sounds alarm bells. It really shouldn’t. These tenants can often prove to be excellent – reliable, tidy, and, financially secured by their parents. In fact, having parents as guarantors on a lease, which is the usual case in student situations, is often far more sound than leases with other tenants. We ...

Read More
vancouver rental vacancy rate

Vancouver Rental Vacancy Rate

We hear a lot about the Vancouver rental vacancy rate being very low but what is this metric and what does it really mean? In this post, we shed some light on the matter and its implications for renters and landlords alike. What Is Rental Vacancy Rate? The vacancy rate refers to the percentage of units that are vacant or unoccupied in a city, region or a given property. What is the Vancouver ...

Read More

Residential Tenancy Act Guide: Dispute Resolution

Dispute Resolution Tip and Tricks Unfortunately, tenant-landlord relations aren’t always as harmonious as either party would like. As a result, the provincial government has established guidelines and procedures to follow should such discord arise. The most common reasons tenants seek dispute resolution: Dispute a Notice to End Tenancy when a landlord wants to break a fixed term lease pre-maturely. Dispute an additional rent increase when a tenant believes a landlord has unfairly increased rent. ...

Read More

Landlord Guide: How To Evict A Tenant

Eviction is not a pretty word. It is a last resort but it is a reality when you have bad tenants. So as a landlord, you need to know how to evict a tenant. The most common reason for eviction is unpaid rent. Missed rent payments can have a huge impact on your cash flow, occasionally making eviction notices a necessary evil. Reasons for Eviction If it comes to this, you will ...

Read More

Landlord Guide: When to return or hold security deposits?

As a landlord in BC, at the beginning of a tenancy, you can require a tenant to pay: a security deposit equivalent to one-half of one month’s rent; and if they have a pet, a pet deposit equivalent to one-half of a month's rent (so a full month's rent in the case of pet-owning tenant) Tenants must pay the security deposit within 30 days of entering into the tenancy agreement or ...

Read More

Landlord Guide: How to End or Extend a Tenancy Agreement

How To End Or Extend A Tenancy Agreement As a landlord, many months may go by without any contact with your tenant and usually this is a good thing. However, once or twice a year, depending on the tenancy agreement or when the lease contract is nearing its end, you will need to reach out to your tenant to renegotiate the lease. In less common instances, you may want to end ...

Read More

Stratas – Everything You Need To Know

What is a strata? In Vancouver, the most common form of strata housing is a condo. Typically these are apartments, townhouses, duplexes or even single family homes owned by a governing body known as the strata corporation - or strata for short.  However, a strata can also be land, just rarely in Vancouver. When you buy one of these properties, you become a co-owner of the self-governed, strata corporation and, as ...

Read More

BC Residential Tenancy Agreement Explained

Finding a place is hard enough. When it comes to signing the BC Residential Tenancy Agreement, or rental agreement, it's a whole other ballgame. Read on as we break down what you need to know and pay attention to regarding BC Residential Tenancy Agreements. With Liv Rent, we make it easy as any past, current, or upcoming lease contracts signed on our platform can be pulled up and exported in ...

Read More