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While rental properties are a great source of income, preventing and fixing property damage can cause landlords a lot of stress. Normal wear and tear is inevitable when renting out your property. However, sometimes tenants cause property damage that costs landlords time and money. As a landlord, it’s necessary to minimize the likelihood of tenants damaging your investment property. Here are seven practical tips for preventing tenant property damage. Screen Your Tenants Carefully Rental property owners want their rental units to be occupied. Aft…

Investing in real estate is a smart way to generate income and grow your savings. As a landlord, you can earn passive revenue from short and long-term rentals and then reap tax benefits. So, if you consider renting out your property now, it will allow the value of your property to compound over time. Giving you considerable value when you decide to sell. It is important to visualize what you want to do with your rental property to turn it into a good investment. With the right strategy, your rental property can become a thriving business. But…

As a landlord, when you begin a new lease with a tenant, it’s crucial to collect a security deposit from them to ensure that you’re protected financially in any situation. Collecting a security deposit from a tenant is standard practice and highly recommended to all rental property owners. A security deposit is usually equal to one month’s rent. While this may help you cover costs caused by a problematic tenant, it doesn’t always cover expensive repairs or unpaid rent. If you find yourself in this unfortunate and challenging situation, keep r…

Every summer, Shakespeare on the Saskatchewan makes its return on the banks of the South Saskatchewan River. Running throughout July and August, the festival hosts nightly, full-length plays from Tuesday to Sunday all summer long! Starting in 1985, Shakespeare on the Saskatchewan sought to make the work of Shakespeare an enriching and accessible experience for everyone, all while supporting and celebrating the talents and abilities of local artists. It is a festival that occurs every year that produces not only plays performed by professional …

As a landlord in Canada, it’s crucial to familiarize yourself with federal Fair Housing Laws so you can ensure your tenants are treated fairly and in accordance with the law. In this blog post, we’ll guide you through what you need to know about providing fair housing to your Saskatchewan tenants. Reasons to Accept or Reject a Tenant Application According to the Fair Housing Act Before deciding on a tenant, it is your job as a landlord to ensure that whichever tenant you choose to occupy your rental property is trustworthy, responsible, and has…