Becoming a DIY Landlord? 5 Mistakes to Avoid

Becoming a DIY Landlord? 5 Mistakes to Avoid

Many benefits come with owning and leasing property. Rental property is a good source of passive income, appreciates over time, and serves as a hedge against inflation. In addition, property owners can often get tax breaks at the end of the financial year. Considering the cost of buying a property, some property owners consider self-managing their rentals. These individuals are known as DIY Landlords. There are many reasons why someone would decide to manage a property for themselves. But your new status as a landlord doesn’t give you instant …

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Winter Activities in Saskatoon

Winter Activities in Saskatoon

From skating and snowshoeing to cross country biking and skiing, there’s a lot to do in Saskatoon in the winter. So, don’t let the cold get in the way of having some fun! Here’s a list 6 winter activities in and around downtown Saskatoon, compiled by GoodDoors Property Management, to get you started. 1. Ice Skating Heading out on the ice is a class experience in Saskatoon. Locals are typically enthusiastic about it and will make you feel comfortable when you join in. There are over 50 outdoor skating rinks in Saskatoon. The following are some…

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Pros & Cons of Moving to Saskatoon

Pros & Cons of Moving to Saskatoon

Saskatoon is a growing, friendly city. Since its founding in 1883, the city has welcomed people from all over Canada and the world. Saskatoon is the largest city in Saskatchewan, the city’s name being a reference to the Saskatoon berries that grow in the region. With its great quality of life, beautiful landscapes, and warm community, it’s no wonder so many people love calling the city home ! So, are you considering becoming a Saskatonian? If so, the information in this article should be able to help you make the right decision. The followin…

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Should You Offer a Deal to Find New Tenants for Your Regina Rental Property?

Should You Offer a Deal to Find New Tenants for Your Regina Rental Property?

Having a vacancy can really weigh down the return on investment. When there’s no monthly income to expect, there is still a ton of expenses to cater towards. Examples of such expenses include property taxes, mortgage repayments (if any), and property maintenance costs. So, once your Regina rental property falls vacant, you’ll need to have a solid marketing strategy in order to attract tenants. You may need to use a combination of both conventional and modern marketing tactics , such as using “For Rent” signs, running ads in local papers, as…

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Landlord Tips to Have Better Relationships with Your Regina Tenants

Landlord Tips to Have Better Relationships with Your Regina Tenants

As a landlord , you should be in good standing with your tenant at all times. Often, the relationship between a landlord and tenant is just considered from a business perspective. After all, it’s from the prompt and full collection of rent that landlords are able to meet their financial goals among other day-to-day needs. But for you to maintain and keep your tenant long-term, a more personal consideration is required. In this article, the experienced and professional team from GoodDoors Property Management offers some tips on how landlords …

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