Half of private rentals failed to meet standards in 2024

More than half of all private rental properties inspected last year did not initially meet legally enforced standards, new figures show. The information has been published today by the Department of Housing, which said that out of 62,085 properties inspected by local authorities last year, a total of 37,800 did not meet the necessary standards. … Read more

Kelowna council gets first look at a proposal for 361 rentals

Planners for the City of Kelowna are recommending support for a rezoning application for a dozen properties on Bernard Avenue, D’Anjour Street and Richmond Street. Next week, city council will get its first look at a proposal for two six-storey apartment buildings. An application submitted in September 2024, proposed 361 residential units. To achieve that, … Read more

Real Estate Investors Share Their Strategy: Flip and Buy Rentals

Business partners Kevin Hart and Mike Gorius have built a robust and diverse real estate portfolio. Their strategy involves flipping and wholesaling for cash and holding rentals for long-term gains. Their advice to new investors is to start with a flip to bring in cash and then expand to rentals. Kevin Hart started thinking about … Read more