Thursday, December 29, 2016

How to reduce your monthly rent expenses?

Rent is expensive especially if you live in the GTA, it's very hard to negotiate your monthly rent and ask for a rent reduction after signing a lease. Unless you live in AB where rent has been on the decline since it's peak in the summer of 2014. AB rent on average has seen a decrease of over 30% since the summer of 2014. If you live in Calgary you are most likely will be able to renegotiate your rent and ask your landlord to reduce your rent, it's Renters market!

CMHC’s fall 2016 outlook report forecasts Calgary’s rental market vacancy rate will reach eight per cent in October 2016, which would mark the highest level in more than a quarter-century

What can you do to reduce your cost of rent if you live outside Calgary?

First review all of your on top of rent expenses: 
  • Hydro
    The cost of having lights ON run appliances other electricity consumptions.
    If you pay for hydro and planning to live for long term in your rental unit, then it's worth investing in LED lighting. Every time a regular light bulb burn out replace it with an LED solution. You can get discount coupons on some of the LED lights from

  • Gas
    Widely used for heating, invest in a smart thermostat the will literally pay for itself if you are out of your home during the day.

    Some utilities companies in Canada are offering up to $100 rebate if you install smart thermostat like NEST and save up to $100 with Nest Energy Partners

    or other smart thermostats. Click for a complete list of Energy Partners thermostats.

other tips to save on heating open the curtains when sunlight hits them; close them otherwise.

  • Parking
    If you are renting a condo and parking is included, offer to rent your parking spot. Downtown condo parking can rent for as high as $150 a month. Same goes for lockers.
  • Cable TV and that phone landline!
    You really have to watch out for this. I have cut cable since 2005 and never looked back. Invest in a good over the air antenna that will save you thousands of dollars in cable TV over the years.
    Lose the landline, everyone has a cellphone these days, if you need to make long use skype, google phone call or some VoIP phone service.

Friday, December 23, 2016

To Decorate or not to Decorate: the Renter’s Holiday Dilemma

As we dive into yet another holiday season many of us are pulling out weathered boxes of lights and decorations from our attics and crawlspaces to adorn our homes with seasonal decorations. This tradition of decorating, however, is a little more troublesome for those of us who are renting. When living space is at a premium, and when storage space is already devoted to the objects we use everyday, it becomes a big question as to whether or not we want to sacrifice some of that space for decorations used only a few weeks each year. Decorating, however, need not be the storage nightmare to which we are accustomed.

One solution is to make your own decorations. Popcorn strings and paper-angel chains are both classics, but there are countless craft and DIY tips out there that allow you to make and display some really interesting holiday flare. By doing it yourself you avoid the expense and the storage hassles that can come with store-bought decorations, and as an added bonus the DIY route is a nice way to creatively engage with the season.

For those of us a little less crafty, a good storage-friendly option is the “less is more” approach. By being selective and minimal in your decorating you can maximize your holiday joy and minimize your storage woes. Rather than buying boxes of lights, or plastic garlands or wreaths, use candles and pick up a natural wreath or seasonal floral arrangement from one of those ubiquitous winter craft fairs. At the end of the season, your candles are still useful to you, and your wreath can find its way into the compost just as it begins to lose its lustre.

If you do happen to be a lover of those more bulky, ready-made holiday decorations, there are ways that you can have your cake and eat it to. Renters are getting increasingly savvy about storage solutions, and there are lots of tips out there on finding space you didn’t know you had. More shelving, flat bins that slide under beds and couches, and storage bags that hang sneakily behind bathroom or bedroom doors are all great places to stow those decorations that bring the season home to you.

Decorating allows you to creatively transform your own space and to connect with your traditions. By being creative, selective, and resourceful renters can get into the holidays without over-burdening their already limited storage options.

Monday, April 27, 2015

Apple Watch update

Finding apartments for rent can be hard, RentCompass makes it easy. We have updated RentCompass App to support Apple Watch!

Now you can quickly find apartments for rent nearby you and access your favourite list from Apple Watch.

Available on your Apple Watch

Sunday, April 19, 2015

RentCompass iOS App adds TouchID

4 years ago we have introduced RentCompass native mobile Apps to make it easy for anyone to search for rental properties anywhere in Canada. 

RentCompass was also first to introduced automated listings bot to make it just as easy for landlords to update their listings on RentCompass platform. 

Part of our continuous effort to provide efficient and secure service to our landlord to upload their listings on the go using their smartphone, we have added support for TouchID when available on iOS devices.

TouchID technology lets you securely access iOS devices with the perfect password: your fingerprint. Now you can sign on securely with TouchID on RentCompass iOS App and upload more listing.

Tuesday, April 1, 2014

How to list your property using RentCompass iPhone App?

On Tuesday Apr 1st 2014, RentCompass pushed another update for RentCompass iOS App. The latest  App update is fully optimized for iOS7 on the iPhone and the iPad.

We designed an easy to use mobile Apps to help our customers find a place to rent, because we all know finding an apartment can be hard. 
With our least iOS App update, we are introducing Air Listing. Landlords can use RentCompass App on the iPhone, iPad and even the iPod Touch to list a property.

You can take photos with your iPhone or update existing photos for your property, set the price and location and submit your property to RentCompass. It's easy to use air list with RentCompass iOS App, you can list your property under 1min.

Try RentCompass App today and list your property.
I am going to walk you through the process of listing a property using RentCompass App on the iPhone, you can also do this on your iPad and iPod Touch as long as you have access to wifi.

Step 1
- Choose New Listing.

- Sign in using your RentCompass account.
If you don't have a RentCompass account, click Create New Account to create a RentCompass account. If you don't remember your password, click forgot my password link.

Step 2
- Add your property Address details.

It's easy to locate your property on the maps, type in your property address or find it on the maps.
- Set the price, the description of the property and how long you would like to rent it for. 
- Select existing photos or use the camera to take photos of your property.

Note: you must submit at least one photo with your listing. 
To rent your place faster, make sure you update good photos of the place you are renting. 

Please note: Once you submit your property, it can take few hours for your listing to show up on website and RentCompass Apps

Wednesday, March 5, 2014

FACTS about rental housing in Ontario today

Here is some very useful facts about rental housing market in Ontario

Income and housing prices have outpaced rents for the past 10 years.

Rent increased 10% between in the last ten years, while 
- incomes went up 26% and 
- house prices went up 35%

Cost of owning home compared to renting is at 60 years high
According to the bank of Canada, the ratio of home ownership costs to renting is close to its highest level since 1949

42% of all Renter households are 1-person households
Over 42% of all renters in Ontario consist of just one person, up from 22% in 1971.

Highest vacancy rates are found in apartments the lowest monthly rents 
Toronto vacancy rate for apartments $799/month or less is 3 times higher apartments renting over $1000/month

Saturday, June 15, 2013

RentCompass iOS App adds support for lookup by RentCompassID

Finding a place is hard, but luckily RentCompass web and mobile Apps make it easy. When looking for a place, it's common to share a link for the property with friends and family, also helping a friend to look for a place is easy on RentCompass, if you find a property that you would like to share, share RentCompass ID or the web link to the property. Using RentCompass iPhone or iPad App enter RentCompass ID to locate the property. Photos show lookup by RentCompass ID on the iPhone
Photo shows lookup by RentCompass ID on the iPad
You can also click on the web link in the mail app or safari browser, then click open button on the smart banner. RentCompass App will take you directly to the property details screen.