Effective rental property management takes more than finding good tenants, collecting rent, and maintaining your property. Keeping accurate records is one of the most important – yet overlooked – aspects of successful property management. From rent payments to maintenance requests and tax records, detailed documentation plays a crucial role in protecting your interests as a property manager in Canada. Records keep you in compliance with regulations, help you foster positive relationships with tenants, and can keep you out of trouble in the event of a dispute. In this blog post, we’ll expand on ..read more

Are you a landlord aiming to secure a reliable tenant for your Kelowna rental property while optimizing your rental income? Are you a renter looking for the very best apartment listings, or the cheapest possible rent? There’s an optimal time of year for all of these scenarios, and it’s all based on supply and demand. This blog walks you through the seasonal economic trends in the Kelowna rental market to help you understand the best time of year to fill vacancies and the best month to rent an apartment. Let’s start by looking at the demand side of Kelowna’s local rental market.   Seasona ..read more

Welcome to the Kelowna Luxury Rental Property Showcase for Spring 2024! In this exclusive feature, we’re presenting a curated selection of beautiful Kelowna rental homes, each offering unparalleled comfort, style, and convenience. Explore a range of luxurious homes in West Kelowna, including Casa Rio Drive’s stunning lakeside views, Forest Edge Drive’s sophisticated living spaces, and Mountainside Drive’s spacious interiors and private pool oasis. For professionals, our One Water Street apartments in downtown Kelowna offer the peak of Okanagan lifestyle with a gym, pool, social areas, and prim ..read more

Welcome to Vantage West Property Management’s extensive landlord checklist to help you prepare your house for rent. As award-winning experts in property management, we understand that a seamless and profitable renting experience requires a meticulous approach. In this comprehensive guide, we’ll walk you through each step of the process – ensuring your rental property is not only ready for potential tenants, but also a lucrative investment. Understanding Your Investment Property: Assessing the Foundation for Success Before entering the competitive rental market, you should conduct a thorough as ..read more

To furnish or not to furnish? If you own an investment property, it’s an important decision to weigh before putting your rental on the market. Should you aim for the higher monthly rent that furnished units command, but deal with the risk of more frequent turnover? This blog aims to help you make an informed decision by weighing the benefits and challenges of renting furnished vs unfurnished in your local market. We’ll also discuss how to make a strategic decision, and how to tailor your tenancy agreement if you decide to go the furnished route.   What is a Furnished Rental? A furnished ..read more

Effective tenant communication is the cornerstone of a successful landlord-tenant relationship. As a team of professional property managers at Vantage West Property Management in Kelowna BC, we know the pivotal role that effective communication plays in fostering positive relationships with current and prospective tenants. In this guide, we will explore the 5 dos and 5 don’ts of landlord-tenant communication to ensure a harmonious and successful relationship with your tenants. Keep reading to learn our top landlord tips for property owners:   “Dos” For Communicating With Tenants 1. Clear ..read more

There are many important aspects to managing a Kelowna rental property as a property manager or landlord, but one of the most vital parts is rental property maintenance. Whether that’s doing a spring clean up of the front yard or replacing the lightbulbs in the bathroom, maintaining a property for your tenants is not only important for keeping them happy but also for preserving and improving your property value. But when it gets down to the nitty-gritty, who is responsible for maintenance of a rental property in Kelowna? Is it you, the landlord, your property manager, or your tenants? This is ..read more

Finding a new apartment can be fun and exciting, but if you’re renting for your first time, the process can feel slightly overwhelming. To help you make an informed decision and smooth the transition into your first apartment, we’ve compiled 30 apartment hunting tips to help you navigate the entire apartment hunting process. From setting your budget & understanding lease terms, to inspecting water pressure keeping an eye out for red flags — these tips are designed to empower first-time renters with the knowledge and insights needed to find a rental apartment with confidence.   1. Dete ..read more

As we enter 2024, British Columbia’s rental landscape is undergoing a significant change with the implementation of new rent caps. This big change will affect not only landlords but also tenants (including those living in Kelowna rental units). Of course, the biggest concerns with these changes are budgeting for tenants and landlord costs. As a team of expert property managers at Vantage West Property Management, we understand the importance of keeping landlords and tenants informed about these changes. Every year, big and small changes happen in the rental landscape. Keeping you informed and ..read more

Have a great investment property in Kelowna, but can’t seem to snag quality tenants? Your Kelowna rental property may need some tweaks and updates to make it more rentable in the Kelowna rental market. With Kelowna being one of the most competitive rental markets in BC (meaning lots of great rental properties on the market) it can take a lot of work to compete against them to get quality tenants for your rental. But as a property management team of experts on investment properties, and with years of experience marketing and getting high-quality tenants for real estate investors, we’ve got all ..read more