Pemberton Holmes Blog
5 Best Hikes on Vancouver Island!
Vancouver Island is home to some of the most beautiful scenery in British Columbia and we are so fortunate to call the Island HOME. Many outdoor enthusiasts take to the water for their adventures; however, the island is a giant playground for the hiking explorer....
National Day for Truth and Reconciliation.
As a company commitment to our First Nations Communities, we will be observing National Day for Truth and Reconciliation. This day is an important step in the reconciliation process. It provides an opportunity to recognize and commemorate the tragic history and...
Verifying a Tenants Income- Why its important!
It’s every landlord’s worst nightmare, a tenant who can’t pay their rent. You go through application after application, select an “ideal” tenant, but when rent is due, there’s no money to be had. So how can property managers and landlords best try to avoid a...
Pets or no Pets?
One of the many important decisions required of a landlord is whether pets will be allowed on the rental property. Below are a few factors to consider before you create your pet policy for your rental property. Desirability 75% of people in their 30s own...
7 Tips to keep your Home cool this Summer!
If you don’t have an Air conditioning system or want to save money on cooling costs and conserve energy while taking some of the workload off your AC; Here are 7 Tips to keep your home cooler during hot days! Turn the fan switch to the “on” position Turning your fan...
What is fair wear and tear in a Rental Property?
Stop us if you’ve heard this one before. You show up for a rental viewing and meet the landlord at the door. They take you through the unit and, for the most part, you like what you see. That said, there are some deep scratches on the hardwood floor that are raising...
Spring Maintenance Tips and Tricks
Most of us are ready to say goodbye to winter for good. After a few long, cold, wet months, we are ready to welcome warmer weather and longer days with open arms! That also means it’s time for some spring cleaning! Believe it or not, there are a few good reasons you...
Business Activities in Rental Units
As a landlord you would assume that the tenants you select for your residential property will use it for residential purposes. For instance, a manufacturing operation or large-scale sales business would probably be something that the landlord would not want to see in...
Property Abandonment: What are a Landlords options
Naturally, this is a frustrating situation, not only have you lost rental income but now you have the burden of cleaning the unit, disposing of any belongings the tenant left behind and finding a new tenant to occupy the unit as soon as possible. Now there are a...
Tax deductions as a BC Landlord
When you own a rental property, you are required to report all rental revenue on the Statement of Real Estate Rentals schedule on your personal tax return. However, you are also able to deduct a variety of landlord expenses from your gross rental revenue and then pay...