RMTI is pleased to announce we have now completed our wage survey and it is now available for employers of Resident Managers/Caretakers. If you would like information on the wage survey and the cost please send us an email to info@rmti.ca and in the subject line type “Wage Survey request” along with your company name, address and contact information. We will then email you a sample of the wage survey along with the cost so that you may decide if you wish to purchase it.
Author: Steve Munday
The 2024 rent increase limit is 3.5%
Minimum wage increase for Resident Caretakers in BC as of June 1 2023
The opioid and homelessness crises and the effect on the property management industry.
We have seen an increase in requests for the removal and disposal of discarded drug paraphernalia, and biohazards (blood, bodily fluids, and human waste) in residential and commercial properties. These materials must be collected, removed, and disposed of with extreme caution as they may have come into contact with potentially harmful substances such as:
Fentanyl
Carfentanil
Heroin
Crystal meth
Cocaine
Or they may have been used by people infected with communicable diseases such as:
HIV
HEP A/B
Tuberculosis
“Needle Litter” pickup and bioHazard clean up services by 1st Trauma Scene Clean Up.
Contact 1st Trauma Scene Clean Up at: traumascenecleanup.ca
RMTI – BBB ACCREDITED BUSINESS
RMTI has been an Accredited Business for a number of years and according to the BBB we are now part of an exclusive group of businesses, only 5% of all North American companies in fact, who proudly practice the Standards for Trust everyday.
Strata corporations will be required to contribute more!
The Province has introduced legislative amendments increasing the minimum amount that developers and strata corporations are required to contribute to a CRF, from 5% to at least 10% of the annual operating expenses every year. These changes will take effect on November 1, 2023. For further information:
2023 Deposit Interest Rate
The interest rate for Security and Pet Damage Deposits for 2023 has been calculated at 1.95%. This calculation, as outlined in the Residential Tenancy Regulations, is 4.5% below the prime lending rate for BC (6.45%). Just as with any other year, to calculate how that effects the repayment of a deposit landlords should utilize the RTB’s Deposit Interest Calculator found at http://www.housing.gov.bc.ca/rtb/WebTools/InterestOnDepositCalculator.html
