Should you allow pets in your rental?

Sure it's easy to say ‘no pets’ when listing your property for rent. But is it necessary?  Provided pets are allowed by your strata by-laws, you may be missing out on exceptionally good tenants by stipulating ‘no pets’.   Moreover, here in Vancouver, pet-friendly rentals are difficult to find so if you do allow them, you can likely exact a higher rental rate and a pet deposit. Be Open to Pets Rather than ...

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Furnished vs. Unfurnished Rental – A Landlord’s Perspective

Furnishing a rental property is a considerable expense. Should you spend the money or let your tenants furnish your unit?  Here are a few things to consider when making the decision. Benefits of Furnishing Your Property You can demand higher rent. A good furnished property rents for 25 to 75%  more than an unfurnished property. However, the higher the rent, the less likely the tenant is to stay long term. It ...

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