Aug. 02, 2017 | Gerald Vander Pyl
In Calgary's competitive rental market, homeowners looking to make a few extra bucks must set themselves apart
Short-term home renting has been going on for decades, but has now become an entrenched part of the economy, and a popular way to generate a bit of extra income, thanks to rental services and facilitators, such as Airbnb, VRBO, Kijiji and property management companies.
When Angela Casale lost a long-term tenant in the Ramsay property where she runs a wellness clinic on the lower floor and has a rental unit upstairs, it meant adjusting to Calgary's competitive rental market.
"There are no renters to be had. Apartment buildings are giving people three free months and TVs and all kinds of things," said Casale.