Property Management

How to Set the Right Price for Your Rentals

Practical Tips with Real Market Examples from Laval Setting the right rental price is essential to attract quality tenants, reduce vacancy periods, and maximize your investment’s profitability. Too low, and you’re leaving money on the table. Too high, and your unit may sit empty for weeks. In this article, we’ll walk you through the key steps to properly evaluate the rental price of your unit...

Maximizing Rental Income: Simple Yet Effective Tips

In a constantly evolving real estate market, every property owner wants to increase the profitability of their rental properties. Fortunately, you don't always need to invest thousands of dollars to see better results. Here are a few simple, concrete, and effective strategies to help you optimize your rental income right away. 1. Adjust Rent Based on Market Value Often overlooked, reviewing your...

A male inspector in a hard hat conducts a property inspection outdoors with a clipboard.

Preventive Maintenance: The Key to Avoiding Major Expenses

In rental property management, one thing is certain: what you neglect today can cost you a lot tomorrow. Preventive maintenance is often overlooked, yet it’s one of the smartest long-term investments for any property owner. Why focus on preventive maintenance? Avoid costly emergency repairsA minor leak can turn into serious water damage. A neglected water heater might suddenly fail. Acting early...

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Passive Income: Myth or Reality in Rental Property Investment?

Owning a rental property is often seen as the ideal path to financial freedom. The term “passive income” comes up frequently… but is managing one or more rental units truly passive? Not quite. Unless you have the right approach (and the right partners), this so-called "passive" income can quickly become very active. What “Passive Income” Really Means Passive income refers to money that...

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