FAQs

Welcome to Nicholls Property Management

Honoured to be the 2025 Platinum Award Winner for Property Management in Delta, BC

In 2026, the British Columbia rental market continues to evolve. Whether you own a heritage home in Ladner or a modern suite in Vancouver, our goal is to provide transparent, expert guidance centred on protecting your investment. Below are the most common questions we receive regarding the current rental market.

📍 Our Service Areas

Which communities do you serve? While our primary focus is South Delta, we manage a dedicated portfolio across the Lower Mainland:

• South Delta: Ladner and Tsawwassen.

• Vancouver: All neighbourhoods west of the Knight Street/Clark Drive corridor.

• Other Core Areas: Richmond, North Delta, North Surrey, South Surrey, White Rock, New Westminster, Langley, and Abbotsford.

🏠 For Property Owners

What is the BC Rent Increase limit for 2026? The provincial government has set the maximum allowable rent increase for 2026 at 2.3%. As your manager, we ensure that all RTB-7 notices are served with the required three full months' notice, ensuring you stay 100% compliant with the Residential Tenancy Act.

How is the Vancouver rental market performing as we start 2026? While vacancy rates in Metro Vancouver have slightly eased to around 3.7%, demand for high-quality, professionally managed units remains high. In areas like Vancouver West and South Delta, we are seeing a strong "flight to quality," where well-maintained homes with professional oversight attract the most stable, long-term tenants.

How do you find and vet tenants? We perform a deep dive that goes beyond a simple credit check. This includes income verification, direct conversations with previous landlords, and a personal interview. Our goal is to find a tenant who will treat your property with the same respect you do.

🔑 For Tenants

How do I report a maintenance issue? Communication is our priority. For all routine requests, please log in to your Tenant Portal to submit a service ticket so we can track the history of the repair.

• For Urgent Emergencies: (Water leaks, loss of heat, or safety issues), please call or text us directly at 604-749-4676 immediately.

What is the policy on pets? As a local company, we know pets are family. Whether a pet is permitted depends on the property owner’s preference and the building’s specific strata bylaws. If permitted, a pet damage deposit (equal to half a month’s rent) is the maximum allowed by BC law.

🏢 Medium-Term & Executive Rentals

What is a "Medium-Term" rental? A medium-term rental (MTR) typically ranges from 3 to 11 months. This model is ideal for owners who want more flexibility than a standard one-year lease allows. It specifically targets high-quality tenants such as:

• Executive Relocations: Professionals moving to the Lower Mainland for work contracts.

• Insurance Claims: Local families displaced from their homes due to floods or fires who need a fully-furnished, stable environment while their home is repaired.

• Digital Nomads & Seniors: Those spending a season in beautiful South Delta or Vancouver.

Why choose Medium-Term over Short-Term (Airbnb style)? With BC’s strict regulations on short-term rentals (stays under 30 days), the 30-day-plus medium-term market is a safe, legal, and highly profitable alternative. It avoids the high turnover of a vacation rental while commanding a premium over traditional long-term rents.

What specific "Medium-Term" areas do you manage? We manage medium-term executive suites across our entire service area, with a particular focus on oceanfront luxury in Tsawwassen, modern condos in North Surrey City Centre, and family-oriented homes in South Surrey and Clayton Heights.

📞 Still have a question?

The rental market moves fast, and legislation changes even faster. If you need a market evaluation or want to discuss how to maximize your rental income in 2026, let’s chat.

Call or Text Nicholls Property Management: 604-749-4676

Email: Greg@NichollsPropertyManagement.com

Office: 1333 56th St, Tsawwassen, BC (Located in the Royal LePage Building)