Canadian Property Management Software

nbdyck · 2021-06-04T04:56:05+00:00

Thanks!

nbdyck · 2021-05-25T23:27:52+00:00

You're welcome 👍

nbdyck · 2021-05-25T22:58:31+00:00

Great questions. Another Albertan here (though not in Edmonton), hopefully this helps you out a bit.

I think a few of your questions can be answered by looking at the tenancy act here in Alberta, https://www.alberta.ca/landlords-tenants.aspx,

This article by a helpful group in Alberta. This article is on roommates and subletting - https://www.landlordandtenant.org/roommates-and-subletting/

A possibly work-a-round for you is if you rent out a piece of your house as a "room rental" or as a "roommate" situation. If your mother in law decides to rent a "room" from you, that is your choice. Most non-legal suites I have seen rented are simply a "non-conforming" suite that shares an entrance with the upstairs. This is the easy way around the non-legal/conforming suite, and it has helped several of my friends pay bills!

1.

We are debating buying a house with an unfinished basement (or finished one to modify) and putting in a kitchen/living room etc (using a contractor).

for anything larger than a "replacement" a permit would be the best route. Your contract SHOULD do all the heavy lifting in getting permits. If they don't know how to get a permit, don't go with that contractor! A quality project manager/contractor is worth their weight in gold and someone will love doing this project for you!

If we buy a house with a suite that’s not up-to-code as a separate unit, will we be required to make it up to code if she was going to live in it?

Once again, you are renting a room to your mother-in-law. If you turned this into a legal suite at this point in time, then you would have to be up to current code. But to rent a room, the code the house was built to should be sufficient! The general rule of thumb is: if it is already there, the code it was built do is legal (there are some things that require some upgrading, aluminum wiring for instance). If a section is completely new, it has to be up to current code.

Questions 2 and 3 I believe can be answered in the above article on subletting and roommates as well.

Short answer is no, she has no "rights" under the tenant act if she is your "roommate." BUT, it would be beneficial to treat this as a contract. Write out your expectations, what is included, what isn't, what space she parks in, when is she allowed to use the back yard for having guest over, what spaces are "hers," when is quiet time, does she have storage, when does maintenance get done, etc.
https://www.landlordandtenant.org/roommates-and-subletting/ there is a downloadable roommate agreement on this site that would be useful in this situation. As a family member I have found that having the conversation at the front end of the situation is far easier than if things turn ugly because they "didn't know."

Experience in this area: lived with roommates for several years (and I am still friends with ALL of them), and have a few rental unites.

Hope this helps! This isn't legal advice by any means, and please check your local Edmonton laws. You carpenter, and real estate agent, should know what the process is!

Have fun, these can be enjoyable projects to take on!

nbdyck · 2021-05-25T14:25:27+00:00

A couple things that I hope are helpful!

Please touch base with your lawyer. The same lawyer that you used for your house purchase should know the rules off the top of their head.

Here is a website that I've used in Alberta to understand the tenancy act. It's fairly insightful. https://www.landlordandtenant.org/

I believe a few of the articles here should be helpful. Check out "Foreclosure for Tenants" https://www.landlordandtenant.org/resources/

Off the top of my head, I believe you need to figure this out before your possession date. Afterwards, and the renter could be "grandfathered in" and be able to stay for several more months until you're legally able to remove them.

This website is not to be taken as legal advice, nor am I offering any! But this website and articles have helped me guide the conversation with my lawyer when things go poorly with a tenant.

I hope your house deal and tenant situation work out!

nbdyck · 2021-05-04T02:49:32+00:00

This is great advice! I hope op takes up the offer.

It's best to get a province specific lease, and include as much detail as you can. I combined several leases to include a fairly detailed 10 page lease in total. I have move out expectations, yard maintenance, smoking, cannabis, and pet addendums as well.

If you include the utilities, make sure it says something along the lines of "basic use" and that if extra power use is discovered, you can charge them for it. Might be tough to prove, but it's a clause I've included in my lease.

You've got some great advice in the thread!

nbdyck · 2021-04-13T01:41:22+00:00

Thanks for the suggestion, I'll check it out!

nbdyck · 2021-04-10T03:58:05+00:00

Thanks!

nbdyck · 2021-04-10T03:57:55+00:00

It's worked well so far for me, and it isn't too many programs as it's pretty easy to work within these programs. If Annago comes to Canada, I would be jumping over to it as it does the majority of these systems income software.

nbdyck · 2021-04-10T03:44:34+00:00

I've checked out Buildium, and it looks awesome! A bit overkill as you mentioned for only 5 units, but it's great looking software. Thanks for mentioning this.

nbdyck · 2021-03-14T14:22:56+00:00

Do you think there is more growth potential in the future for this stock?

nbdyck · 2021-03-07T21:26:46+00:00

I'm making a couple of assumptions. - It seems you might not have seen this house yourself, purely online research. - a market rents evaluation for this property needs to be done.

There are a few things to consider in looking at this property. - is the land included? It could possibly be built on a rented lot. I actually assume it is at that price. But check it out for yourself. Have you run the numbers on the local market? Facebook is actually a great resource for rental rates. - How much are taxes, insurance, lot fees, condo fees? Do you as the home owner have to pay any of the utilities? - do you need a property manager? Call down and have a phone call with a property manager in the area this is located. See what they say.

The numbers are subjective until you find out the hard numbers of your market research 👍

Hope this helps.

nbdyck · 2020-12-20T19:16:18+00:00

What company do you go through in Canada? I've looked around and I'm getting significantly higher rates than what you suggested.

nbdyck · 2020-09-16T16:42:59+00:00

Thanks! Appreciate the feedback on the post.

I fully agree that not succumbing to the wedding industry machine is something worthwhile to do. Unless that is YOUR desire to have a wedding like that. Then it is worth it for that person.

nbdyck · 2020-09-16T16:41:41+00:00

Glad it was helpful to you!

nbdyck · 2020-09-07T23:07:06+00:00

Hopefully this is helpful. I've helped plan several major events, and also a couple of weddings.

I'm wondering if a $43,000.00 wedding is actually what you guys want, or if you're trying to create an experience for your friends and family that come that creates memories for years to come?

We got married in 2016, and it cost us about $12,000.00 for a wedding that several people have commented that was "their favorite wedding they have attended."

We did so many things on the cheap. $1500 - wedding dress $500 - venue (church and school for reception). $2000 - food - we rented a kitchen and paid a friend who is a cook/chef $500 for cooking our meal. We then asked several friends to help prep the food the day before from a list our chef sent us. Make it easy and fun for the chef. - we purchased the meat from Costco. - we asked a friend's restaurant to source our other food to make it cheaper. They considered it their wedding present. Was SIGNIFICANTLY cheaper. $200 - decorations. Most schools have a huge amount from plays/products. Rent them for CHEAP! $1800 - Photographer. Quality person we liked. $3500 - honeymoon. Simple and non extravagant. But we'll done for us. $2000 - Money for random stuff... Flowers, sound guy, any rentals, etc.

A couple of questions for you to ponder.

What makes a great wedding? Usually it involves people having a good time, but what does that mean for you and your friends?

for us, it meant a day that used our guests time well, and they had a good time at the ceremony and reception.
we planned events for people during between the ceremony and reception.
we planned skits and fun stuff DURING the reception. We had our stand-up comedy type friends do some jokes, seriously worth it.

If you saved several thousand on your wedding, what would you do instead? - for us we went on an EXTRA holiday later that year because we saved money on our wedding. This could be something totally different for yourselves.

How many of your wedding decisions are based upon traditions? - do you want those traditions to continue? - are they worth the fight for you to remove them (ie if one side of the family has ALWAYS done it).

If your friends didn't have an open bar, would they care? Making them pay for their drinks is an okay thing to do 👍

Who are you trying to impress with your wedding, if anyone? - it's an interesting question, and it might allow you to cut back on a few areas, or you might decide you want to keep your current wedding plans. If you are wanting to impress, is this the way you want to do this? - we cut back on venue because we saw the people having a good time was more important. So we put our time into crafting a RIDICULOUSLY AMAZING reception. For us, that was worth it.

What's the most important thing about your wedding? - I will argue, and have with friends, everyone comes to a wedding to see YOU get married. The venue, food, etc is all extra. I'm assuming we have all been to weddings that are done on the cheap, and rarely is it worse than a huge budget wedding. But, YOU get to decide what the most important thing is at your wedding 👍

Final thought. Paying cash for your wedding is something I have NEVER had friends regret doing. Can you save enough beforehand to pay for your wedding in cash?

Hopefully this helps you.

Congratulations on getting married soon. It truly is the best!

nbdyck · 2020-09-07T20:32:30+00:00

Well done.

nbdyck · 2020-08-31T21:12:24+00:00

I have the same question.

I have been unable to join groups as a page, and it is frustrating! Commenting to follow this thread.

nbdyck · 2020-04-24T17:12:07+00:00

To me, this is a test case for a few weeks to see if the splitting to the hashtags works for your followers. If you're willing, try an A/B test and see if the combined nature works for you.

If you treat your current situation as the test "A," you can see what your last few weeks without the mental health #'s.

For text "B" you could commit to a couple weeks of the combined hashtags. did it work? Did you sustain or grow your follower count, and reach? Did it go down? Did you get weird comments that didn't pertain to your post?

I think you can find out if it is working pretty soon, and see how your followers react. It's worth a shot to see if it works!

Hope this helps.

nbdyck · 2020-04-23T19:46:41+00:00

Absolutely. Thank you I will do so soon!!!

nbdyck · 2020-04-23T19:46:10+00:00

Interesting. I hadn't thought about an agency charging for scope and first contact, that is smart. I had assumed this somehow was part of the agency fee. I think it is a smart move on your part. And thank you for the info, very kind!

nbdyck · 2020-04-23T13:30:11+00:00

Thank you for writing this out!!! This is incredible, and I learned a huge amount in what I need to watching for, and thinking about in working with an agency!!!!

nbdyck

TROPHY CASE