Foreclosures
May Abbotsford Attached
May Abbotsford Detached
May Burnaby Attached
May Burnaby Detached
May Chilliwack Attached
May Chilliwack Detached
May Coquitlam Attached
May Langley Attached
May Langley Detached
May Mission Attached
May Mission Detached
May New Westminster Attached
May North Vancouver Detached
May Port Coquitlam Detached
May Richmond Attached
May Richmond Detached
May Surrey Attached
May Surrey Detached
May Vancouver Attached
May Vancouver Detached
May West Vancouver Detached
Above is a list of foreclosures in the Lower Mainland.There are some great deals to be had for either your own home or as a rental property.
Check them out at the links above.
Every Wonder What it Takes To Build Your Own Home? 72 Video Series Explains it.
How To Build A House: Getting Started Ep 1
How To Build A House: Finding a Lot Ep 2
How to Build a House: What to Build Ep 3
How To Build A House: Architect Ep 4
How To Build A House: Building Permit Preparation Ep 5
How To Build A House: Surveyor Ep 6
How To Build A House: Lumber Company Ep 7
How To Build A House: Sub-Contractors Ep 8
How To Build A House: Window Company Ep 9
How To Build A House: Framer Ep 10
I have a bunch of clients that are doing this at the moment. Even though I know the financing, I'm not literate when it comes to the entire process.
Then I had a genius idea......youtube.
Above videos are excellent for an introduction.
In total there are 72 videos. Click for full video series.
10 Tips Learned From Screening hundreds of Prospective Tenants
Screening tenants is probably one of the most important topics for buy and hold investors who self-manage their portfolios. It really does not matter if you have 5 or 50 units. Screening tenants and choosing the best qualified tenants from the beginning is critically important to the long term success of your rental units and portfolio.
Personally owning close to 200 units and going through hundreds of tenants from all walks of life has taught me tons of hard lessons on tweaking our tenant screening process. Being a landlord, if you don't learn this business, you just can't stay in this business. It is not fun when your tenant is teaching you the Landlord & Tenant rules.
Here are the top 10 tips that I have come up with to systemize your tenant screening process.
1. Have a strong and detailed rental application.
2. Call previous and current landlords. (Previous landlords are better)
3. Call to verify employment
4. Use a third party screening system that runs credit and crimninal checks. Check out https://www.tenantverification.ca/
5. Once you accept a tenant, get the deposit or last month's rent immediately
6. Get emergency contact info on the Application
7. Have a written rental standard form to avoid any discrimination issues if it arises
8. If no previous landlord, ask for three references
9. Have a scoring system based on written rental standards
10. Call the new tenant a week after move-in to check in with them
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