Sits down with Keaton Bessey, broker-owner of Greater Vancouver Tenant and Property Management, to break down what it actually takes to own and manage rental properties and especially multiplexes in one of Canada's most tenant-friendly markets.
Keaton walks through property management fee structures and the hidden charges to watch for, his tenant screening process (income at 3x rent, plus the behavioral signals that matter more than the math), and how to keep "harmony" between tenants in small multiplex buildings where one bad neighbor can cost you three.
He shares practical playbooks for handling missed rent, insurance claims, and vendor management (including a great tip on how to cut a plumber bill in half), then closes with his own buy-box: a two-bed, one-bath near transit, run like a business, bought conservatively, and operated for the long haul.
Exchange-Traded Funds (ETFs) | BMO Global Asset Management
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