Posts Tagged ‘investment property’
Unexpected Costs of Renting to Short-Term Tenants and How to Avoid Them
There has never been a better time to rent out a short-term property, especially in a market like Vancouver. We get a lot of visitors and tourists in this part of the Pacific Northwest, and we also get some people who are moving to the area or here temporarily. They’re looking for high quality, short-term…
Read MoreRenovations That Add Value to Your Rental Property
The cost of materials, labor, and supplies are rising. The rental market in Vancouver is performing well; vacancy rates are low and rental values are high. Is there really any point to making renovations right now? The answer to that is yes – it’s always a good idea to make minor improvements and updates as…
Read MoreHow to Reduce the Stress of Buying Your First Vancouver Investment Property
Buying your first investment property in Vancouver may feel a bit stressful any time you’re doing it, but in the market we’re currently experiencing, there’s bound to be even more anxiety. There’s been a lot of discussion about the high prices and high demand in today’s real estate market. Inventory is lower, and that’s driving…
Read More3 Ways to Improve the Curb Appeal of Your Vancouver Property
When it comes to real estate, there’s a lot of talk about curb appeal. Why does it matter? Curb appeal matters because it’s the first impression you’re giving to potential tenants about what you have to offer them. Leverage the power of that first impression by making sure the outside of your investment property is…
Read MoreLandlord’s Guide to Preparing Your Short-Term Rental Home for Guests
The guest experience is critical to the success of your short-term rental home in Vancouver. Whether they’re in town for a few nights as tourists or they’re staying for a full month while working remotely, you need to make sure that you’ve anticipated everything they need. Short-term rental properties survive and thrive thanks to customer…
Read MoreTips for First Time Vancouver Real Estate Investors
Investing in Vancouver real estate can be a lucrative and exciting endeavor, but it also comes with a lot of risk. Rental homes in our market are extremely valuable, especially today, and you’re likely to see the value of your assets rise year after year – all while your tenants are paying down your mortgage…
Read MoreWhat You Need to Know About Short-Term Rentals
Vancouver and the Pacific Northwest in general provides excellent opportunities for property owners who want to rent out a short-term vacation home. In this market, travelers are coming to the area for days, weeks, and even months at a time. If you’re hoping to meet the needs of those tourists, business travelers, and other temporary…
Read MoreResources for Managing My Vancouver Short-Term Rental
When you rent out a short-term property in Vancouver, you need to be prepared for everything and anything. Guests who choose a property over a hotel are looking for comfort, convenience, and the extra space and privacy that comes with a private home rather than a single room. Vancouver is also a competitive market for…
Read MoreThinking of Converting Your Home into an Airbnb? Here Is What You Need to Know!
When you’re renting out your Vancouver property as a vacation home or a short-term rental, you’re likely going to use a site like Airbnb. Other sites like Vrbo and HomeAway are also popular, and they help you market your home, track reservations, and communicate with guests. The platforms are generally user-friendly for owners, and they…
Read MoreVancouver Rental Laws and Regulations All Investors Should Be Aware Of
New landlord-tenant laws have been introduced in Washington State over the last few years, and if you’re not already aware of these laws and in full compliance with them, you could be looking at some steep legal penalties. It’s important that you educate yourself and ensure you’re in compliance. As a Vancouver landlord, you’ll be…
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