Property Management Services for Landlords

By now you’ve reviewed our Summary of Landlord Services. But let’s take a little more detailed look at some of what Property Management services for Landlords are available – from RE/MAX of Nanaimo Property Management that is! Property Management services for Landlords ADVERTISING. Our website is a great resource for tenants looking for a new home. If a property is available for rent, it is on our website, complete with a detailed write up and current photos. This advertising will also be shared on Craigslist, Kijiji, UsedNanaimo and on the RE/MAX of Nanaimo insider page for internal groups with 100+ members. We…

What You Need to Know About Non-Resident Tax (NR4)

Did you know that anyone owning real estate in Canada, who is classified as a non-resident of Canada as defined by the Income Tax Act of Canada, must pay Non-Resident Tax on gross revenues received from the rental property.  Generally this amounts to 25% of the total gross rents received from rental properties, although exemptions and lower rates may apply depending on your situation. How you can you ensure you are getting the best return from your rental investment if you are a non-resident? Filing non-resident tax (NR4) At RE/MAX of Nanaimo Property Management we will make the monthly remittance…

Managing Your Rental Property – What to Expect From Your Property Manager

Now that you are a real estate investor, you may want to consider the services of a Property Management company to look after your property. An experienced Property Manager can not only maximize your revenue by achieving the best rental rates possible, but can also minimize expenses to ensure you get the best return on that investment. If you’ve never been involved with a Property Management company before, here are a few tips on what to expect when someone else is managing your rental property. Managing your rental property Property Management firms handle the day to day operation of the property…

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