4 Steps to Take When Renting Out Your Condo

Do you own a condo and plan on holding it as a rental? Renting out your condo may seem simple, but here are some MUSTS when it comes to planning on renting out your condo.

Many condo owners move to different types of homes as their life progresses. Even when they buy other houses, they want to keep their condos and have them as rentals. But doing that is not easy. There are a lot of processes that you need to follow if you want to do that.

Check Bylaws

Bylaws are the rules that govern the corporation. Underneath the bylaws are policies. There are certain areas where bylaws are vague, but policies are then built to address the issues.

In terms of an owner wanting to rent out their unit, the first thing is to figure out what kind of rental you want. Do you want a short-term rental like an Airbnb, or do you want long-term?

Though Airbnbs are popular now, some bylaws prohibit short-term rentals. Some require approval of the board to operate a business in the unit, such as Airbnb. So before you can operate, you need to get a license through the city of Calgary, but the board might not approve it. Figuring that out ahead of time can save you a lot of pain and help you set proper expectations.

Next is to set rules on what tenants can and can’t do in the unit. This is really important because condos are run by a corporation, unlike single-family homes where people can do as they please. Every apartment has rules that everyone must follow for all to live together in harmony.

Some rules include no smoking in common areas or no bicycles or personal items on the balconies. Another popular policy is the prohibition of using propane tanks. Some bylaws only allow electric or gas barbecues.

You must understand everything written within the bylaws. You also have to provide your tenants with a printed copy of the policies, so they have a good understanding of what is expected of them as a tenant.

Violation of Bylaws

If you have a tenant and they were reported violating a bylaw, they may face sanctions. For example, you have a tenant who has a pet, and they are not cleaning up after them. The first time they get caught, they might receive a written warning, and if it happens again for the second time, they might pay a fine of around $50.

The challenging part is that fines are usually charged to the owner, not to the tenant. This is why it is crucial to discuss this in your tenant agreement. You can state that the tenant will be liable to any fines if they violate any policies or bylaws of the board of management.

Rebecca had a client who bought a condo last month. The bylaws state that pets are allowed in the building, but a policy says no pets are permitted. In this case, the tenant must follow the policy. But the great thing, though, is that the board can overturn that policy because they’ve put it in.

Down the road, bylaws can be revised when they no longer seem relevant to the condo dwellers. A change in bylaws only needs board approval of 75% of owners, representing 7,500 of those 10,000 unit factors.

Who Do You Want Your Tenants Reaching Out To?

This might not necessarily fall into your condo bylaws, but you have to be proactive in setting this upfront. You have to identify who your tenant should be reaching out to if they have concerns. Do you want them to go to the board or the management company, or should they come to you for that?

Another great thing that you can do is to post a laminated directory of your trusted service providers that your tenant can reach out to when needed. The list could include a plumber, an electrician, or any contact that could be helpful for home maintenance.

Approvals From The Board

Some bylaws are very detailed. For example, bylaws say you can only have one dog and one cat, and it can’t be any more than ten pounds or exceed a certain height. So make sure you get approval for pets.

If you have visitors staying for more than 48 hours, you may need a parking pass for them. For any type of improvement, tenants certainly need to get board approval before doing any renovation.

Sometimes the bylaws will say that a member of the board doesn’t have to be an owner. So if you want your unit represented and you trust your tenant enough, they can sit on the board. It’s a great way to help shape your community and be in the know of what’s going on.

Why selecting the right front door paint color is essential

Before we get to the colors themselves, it’s important to know why your front door color is so vital. Time invested here and in the next section will not be wasted, promise.

It’s your welcome home

Obvious, but often overlooked, your choice of front door color will welcome you home every single time you return. Having a frontage to be proud of can make a world of difference to our mood and overall well being, even if its influence is more subliminal than explicit.

It’s your guest’s and other visitors first impression

First impressions matter, we all know that, so it stands to reason that your front door and the rest of your property’s facade can have an impact on your guests as they approach and enter your home.

It can set the mood for the rest of your home

Again, this can be more about the subconscious than anything expressed, but your choice of front door color can actually help set the scene for guests and visitors by giving them a glimpse of what’s to come throughout the rest of your property.

It can help you stand out or blend in

As we’ll see later in this post when we get to the section on selecting front door colors by property type, different types of property demand different things. Some will almost scream out for personalisation, while others will benefit more from a more homogeneous hue.

It can help you sell your property

Even if you’ve only got a passing interest in property, you will have likely heard about kerb appeal and the impact it can have on buyers and their decisions. Having a beautifully painted front door can really make the rest of your property pop, and choosing the right color plays a big part, too.

It’s a simple way to refresh your home

Of all the home improvement projects you could undertake, painting your front door is one of the simplest…and easiest to rectify should things go wrong. It’s also relatively cheap to do and can have a massive impact. So, don’t be scared, be bold!

5 things to remember when choosing front door colors

Before you dive straight in and start painting, there’s a few points you’d do well to keep in mind:

  • Don’t disregard what works. When doing your research (which you are clearly doing as you’re reading this!), don’t overlook the classics…even if you are redecorating a contemporary home.
  • Some things just work. So, when it comes to choosing the right front door color, you’d be wise to avoid trying to reinvent the wheel.
  • Consider your surroundings
    Being aware of what’s immediately around your front door will help massively when it comes to selecting the correct paint color for it. Think about the brickwork and it’s color, as well as whether or not there’s any plants or other natural tints or tones to work with.
  • Take natural light into account, too. Contrast works well here, so for darker, shadier front doors, going bright can work brilliantly, while front doors that already enjoy lots of bright natural light can benefit from a more subdued hue.
  • Pick the paint outside, not in. On the subject of natural light, it’s vitally important to select your front door color outside rather than inside, as that’s where it’ll be painted. Take your swatches out into the environment where they will be used. After all, you wouldn’t choose your home’s interior paint colors out in the garden, would you?
  • Don’t be scared. As we touched upon earlier in this post, painting your front door is relatively easy to do and an inexpensive way to give your property a lift. So, if you feel like experimenting, take the plunge. The worst thing that can happen is that you’ll have to do it again, which isn’t really the end of the world.

Choose your front door paint wisely

Although you can be bold in terms of your choice of front door color, one thing you should always try and get right first time, every time is the type of paint you select. While all front doors can be classified as exterior doors, some are more open to the elements than others, so paint choice becomes vitally important.

Equally, selecting the right paint for your front door’s material is equally crucial. Same goes for your choice of primer. If you’re in any doubt, have a conversation with a reputable paint shop to discuss which paint would be best for your front door.

A selection of front door colors and what they portray
We’ve already discussed the impact a front door’s color can have in terms of the subconscious and one way this manifests itself is via the mood each color brings to the party.

Psychologists have long studied colors and their effects on the human mind, and their findings have been put to use in everything from branding to the big screen. Why should your front door color be left out?

  • White / white front door: A white front door sets a classic tone that imparts a sense of peacefulness and cleanliness.
  • Black / black front door: Another classic choice, a black front door gives off a sense of power and boldness. Think Downing Street.
  • Green / light green front door: A green front door, on the other hand, gives off an air of safety and relaxation. Green is a natural color, so it is widely considered to have a calming effect on the psyche.
  • Grey / grey front door: Grey front doors have gained popularity of late, especially in areas where blending in is more important than standing out. While grey can easily be associated with negative moods, it’s also an incredibly balanced color that oozes sophistication and maturity.
  • Blue / blue front door: Another calming color, blue front doors express peace and quiet, whilst remaining open and welcoming.
  • Yellow / yellow front door: A yellow front door, unsurprisingly, will bring a little bit of sunshine into your life. Cheerful, optimistic, and full of energy.
  • Red / red front door: A red front door demands attention and its associated moods range from powerful to passionate.
  • Orange / orange front door: Orange front doors have a broad appeal and the moods they portray are overwhelmingly positive. Think happy, enthusiastic, and energetic.
  • Brown / brown front door: Brown front doors can convey strength and security, but can also give off an air of solitude and isolation. Choose carefully.
  • Pink / pink front door: Pink front doors are easy to read. Romantic, kind, nurturing and calm is what you’ll find behind this bold choice.

Picking front door colors based on property type

Another thing to consider when choosing the best front door color for your home is property type. Here’s an overview to give you an idea of how to approach each of them:

  • Terraced house
    Terraced houses can be, by their very nature, tightly packed together with very little distance between the front door of your home and those of your neighbours. With this in mind, you may initially think that blending in would be the way to go, but the opposite is often the better approach. Be bold and put your own stamp on the street.
  • Semi-detached
    Semi-detached homes are some of the hardest to get right, and a lot will depend upon their architectural style. Think, too, about the surroundings here. What’s going on in your front garden and that of your direct neighbour? Be flexible and consider your options carefully.
  • Detached
    Due to their very nature, detached homes are far easier to choose for. Your front door is a statement of intent on a detached property, so be sure to pair it with your own personality and the rest of your home.
  • Country home
    Unsurprisingly, front door colors for country homes commonly revolve around natural hues such as greens and browns. However, if your home enjoys a lot of natural light and has an abundance of color throughout spring and summer, you should also consider pastels that will complement blooms and blossoms that surround you.
  • Coastal property
    No prizes for guessing which colors work best here. Yep, blues and greens are shoreline royalty, but as with the country homes discussed above, pastels can work brilliantly, too.
  • Contemporary home
    Contemporary homes have an aesthetic that lends itself to darker colors, such as slate greys and black. There’s often a lot of glass to consider as part of a contemporary home’s surroundings, so your front door needs to, ahem, reflect that.
  • Period property
    Another property type that doesn’t really offer up any surprises, period homes work best with traditional colors. The good news is that those colors can be surprisingly wide ranging, with the ever-popular sage green at one end of the spectrum and bright red at the other. Take everything we’ve spoken about here into account and choose wisely.