As a landlord, dealing with unpaid rent is never easy, especially when a tenant leaves without settling their dues. In such cases, using a collection agency can help recover what is owed to you. Below is a detailed example and step-by-step guide on how to go through this process efficiently. Example Scenario Step 1: Serve …
How to Collect Unpaid Rent via a Collection Agency: A Step-by-Step Guide Read More »
QA401 – How to conduct annual fixed lease term renew Question (dated on 2021-08-07) What’s the current rent in Edmonton (north east) on 4bedroom newer duplex (1100sq ft)with 2.5 bathrooms detached single car garage and finished basement. I’m currently charging my tenant $1,550.00 (utilities not included) and her lease is up in November. I asked …
Q401 – Conduct the fixed term annual lease renew Read More »
Bring in my own furniture or move out current when I stay in a Culfidant furnished home? Sometimes our new residents may consider to bring them own furniture into Culfidant furnished homes, or adjust or move-out certain items. Below is the best practice for you to consider and follow. In general, there should be no …
Q039, Furniture handling (bring in or take out) when I stay in a furnished home? Read More »
Cat allowed vs. smoking inside refinery… As landlords, we often confront cases beyond “black and white” that has no simple guide to follow. How do you handle them? In this post, I will share such a story and how I handled it by drawing the wisdom from my past seemingly unrelated experience. Firstly, a brief …
In a regular visit in a home, I noticed that there was a irregular noise out of the furnace in the utlity room, so I took a look and made a video. See https://youtu.be/PORm-vU-iMY After asked our maintenance staff check and fix the issue and here is what he shared. (see pics link below) https://photos.app.goo.gl/x8S41gZkbA8PSZzy8 …
P501 – Noisy furnace – Diagnose and how to prevent Read More »
What would happen if I change my mind after lease signed? Recently a young couple applied one of our rental homes and got approved. They signed a fixed-term lease, paid the security deposit and the 1st month rent in full, and were happily ready for the move-in one month later. Then the bad news: they …
Q038, What would happen if I change my mind after the lease is signed? Read More »
P407, Airbnb – Is it a good fit? The good, bad and ugly… A question comes up quite often is should one turn the current rental(s) into Airbnb? My personal view on this is quite simple: No. More accurately, I don’t recommend this option for the city I am currently living in – Edmonton. The …
Initial Deposit – Secure the fair chance Many of us have the similar experience: we viewed the home, loved it and applied. we were praying to get approved soon and move into the dream home…. A few days later, we were being told another candidate had been chosen among many applicants because his/her application is …
