What does it take to legalize a suite in Kelowna?


Recently, the City of Kelowna has sped up the process of legalizing suites. In the past, it was a long and somewhat a painful process to acquire permits, have hearings etc. Permits are now much faster to obtain. I spoke to a client last week, who received his permit immediately the day after he applied. I was impressed to see the City of Kelowna’s speed and efficiency of the process, and so was he! Legalizing a suite is a great idea for the safety of the tenants and homeowners, as it requires many safety issues to be put in place.…

Read More »

How to be Good Landlords and have Happy Tenants


Yesterday I was speaking to a friend in Kelowna who has 3 rental properties and was complaining about his tenants on how everything gets destroyed and that he is constantly doing repairs. Having about 6 years of experience ourselves, we have never really run into those situations and I was able to share our “secrets” with him. One of the things we do, is to list the rent just below market value. This will create more interest and will allow you to interview and pick and choose the tenant that you prefer. Getting $100 less every month is better than…

Read More »

Great Tips for Before You Move In To Your New Home


Moving into a new home is a life experience that few people describe as "fun." But with our tips of things to do before you move in, you'll be ready when the furniture arrives. The move can totally consume you for a long time: planning, packing, moving, cleaning. When you arrive in your new home, you're faced with even more challenges. It may seem a small thing to decide where to put the best china or everyday dishes, but after all the work moving out of the old home, the last thing you need is another big decision or another…

Read More »

Where are the buyers coming from?


Okanagan Mainline Real Estate Board has recently released their statistics for June and they also have released the results from their survey indicating where the buyers are from.  Take a look! Property Type: 29.3% of purchases were by Move-Up Buyers 22.8% by First Time Buyers 16.8% moving from Single Family Home to Strata Unit 7.6% purchasing Recreation Property 6.0% buying Revenue/Investment Property 5.4% moving from Strata property to Single Family Home 4.3% moving into Retirement Home/Seniors Community Buyer Type (Family Dynamic): 31.8% Two parent family/children 20.8% Couple without children 16.7% Empty Nesters/Retired 13.5% Single Female 13.0% Single Male 4.2% Single…

Read More »