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Binance Coin (BNB) Price Prediction by Experts

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Binance Coin Price Prediction: Is It A Good Investment?

Why do traders invest in Binance Coin? In many cases, the only reason is to get an additional fee discount on the corresponding exchange. However, as with any other crypto, it can also be used for trading or long-term investments. Is it a promising idea? Learn from our expert review.

Binance (in short ― BNB) is a token issued by the similarly-named blockchain network. It performs a set of diversified functions within the network:

participation in token sales;

·   boosting the network;

·   serving as a payment means for trades;

·   providing owners with extra discounts on the services provided by the exchange (within its VIP program);

·   offering an opportunity to contribute to charity programs organized by the company.

Thus, it is bought and held by the clients of this company in the first place. Yet, if you consider that, as of now, it is the most commonly used and intensely growing crypto exchange, you will understand that the popularity of this asset is likely to continue increasing in the near future and propel its value and liquidity.

Let us mention the advantages and disadvantages of this crypto so that you can form your own Binance coin price prediction.

Pros:

·   the most frequently used utility token;

·   a discount tool for the clients of the exchange;

·   it is kept stable and continuously growing due to the burndown procedures;

·   as of now, this crypto exchange is the biggest on the market;

·   due to huge investments in technology, this crypto trading platform has the potential to beat Ethereum.

Cons:

·   unlike other cryptocurrencies, it is centralized;

·   certain governmental and financial regulators make attempts to close the company;

·   this network is frequently attacked by hackers, due to its influential position (yet, no one has managed to break into its security system so far);

·   its prospects depend on the demand for this technology.

In sum, expert forecasts about this coin are rather optimistic. So, if you are interested in crypto trading, we would definitely recommend including BNB in your portfolio. Still, keep in mind that crypto is an asset characterized by high volatility and associated with significant risks so do not put into it more than you are ready to lose. And the latest prompt ― it is better to buy this coin on Binance as it is its native network, which provides extra benefits to its users. But you can also turn to Webull, eToro, KuCoin, TrustWallet, or Crypto.com.

Where to Buy Ethereum: Top Platfor

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Do you plan to invest in Ethereum and search for a reliable exchange service with minimum commissions? Then, our review will certainly come in handy. We will both provide you with our top list of services and have a few words about the coin itself, its advantages and disadvantages.

As you know, now is the period of exponential growth of crypto. Yet, Ethereum (Ether) takes a special position. It is not only the second most expensive coin but also an indispensable component of such technologies as NFTs and smart contracts.

To save your time and effort, let us mention the major benefits and problems associated with this asset so that you can quickly understand whether it is of any interest to you.

Pros:

·   decentralization (no control or charges on the part of banks or authorities);

·   availability of loans that are not limited by a traditional score system;

·   use for smart contracts;

·   utilization for NFTs ― unique tokens that represent ownership rights on physical and intellectual properties;

·   a universal network, which can be adjusted to any crypto trades.

Cons:

·   lack of regulation and risk of fraud;

·   increased volatility, which is characteristic of all cryptos;

·   uncertain prospects of all coins due to regulation attempts.

So, if you are interested, let us find out where to buy Ethereumat the most advantageous terms. After analyzing the most popular services, we recommend you turn to Coinbase, Binance, Webull, Kraken, or Robinhood. All of these platforms offer proper funds protection and regulation along with highly competitive fees. Still, their terms may differ a bit, so be sure to visit all of them before making the next step.

Besides, our experts compiled short instructions on how to purchase this coin so that you cope with that without unnecessary complications:

·   Sign up for an online exchange chosen. We will take Coinbase as an example. To register on it, you will need to type your name and email address and compile a complicated password.

·   Pass verification. It is a common demand on every legal source. So, you will be required to provide a copy of any ID that includes information about your full name and address.

·   Choose a payment method. If you live in the USA, you can use debit and credit card transfers, PayPal, Apple Pay, ACH transactions, and wire payments.

·   Make your first deposit (note that there can be a minimum limit).

·   Buy an amount needed. Find the button “Trade” on the left and select “ETH”. You can purchase both a whole coin (or coins) and a fraction of your choice.

To conclude, as of now, Ether looks like crypto with huge prospects due to smart contracts, NFTs, and other innovations supported by the company. Still, after a purchase, stay aware and watch the situation to be on the safe side.

How to Invest in Ethereum: Instructions for Newbies

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Have heard of Ethereum but do not know whether it is worth buying? As of today, it is the second most valuable crypto on the market after Bitcoin. Thus, familiarizing oneself with it is a must for every trader. Luckily, we have compiled a review where we will explain what it is and whether it is a good choice for investments.

So, the name Ethereum (Ether and ETH) can be used in two ways. First of all, it is a popular cryptocurrency based on blockchain technology (similarly to Bitcoin). Yet, it is also a programmable network for buying and selling other cryptos for a minimum fee. Its unique feature is the support of diversified coins, including Bitcoin. Another crucial point is that it promotes smart contracts that allow transferring money and other assets without involving any intermediaries and paying huge commissions for their services. Also, it has the potential to fix the problems of fiat currency devaluation and financial inequality.

Obviously, taking into account the benefits mentioned, overall boom in the crypto market, and a recent increase in the price of this asset by 900% (over the last year), this investment opportunity is definitely worth considering.

Here are short guidelines on how to invest in Ethereum:

1. Register on a crypto exchange. In practice, you can choose any licensed service that supports this coin, but our top list includes Coinbase, Binance, and Kraken as they charge the lowest fees. In this guide, we will discuss Binance as an example, but most exchanges work very similarly. For registration, you will need to disclose your email or mobile number, as well as confirm your identity. According to the rules, you will be asked for a photo of your passport or driver’s license.

2. Analyze the situation on the market. Type the name of the crypto in the search bar and open the very first link. There, you will see the chart and recent statistics.

3. Deposit funds to your account. In case it is your first transfer, you will need to link and verify your bank account first. Press “Deposit” ― “Bank Account” ― “Add Account”.

4. Buy the crypto. Press “Buy/Sell” on the right, then choose “Sell”, and click on the name of the coin. Now, you can specify either a sum you want to invest or an amount of crypto you want to buy. Then, preview the details of the order for extra safety and click on “Buy”.

Besides, you can also buy this coin via decentralized exchange or online wallet. Another available option is to try mining it if you have experience in coding and a suitable computer.

In conclusion, we would like to say that Ethereum is one of the top coins for investments so far. Yet, like any other crypto, it is subject to certain risks connected with the perspectives of this technology.

Why and How to Buy Coinbase Stock?

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As a rule, traders treat Coinbase only as an exchange service for trading crypto. Yet, it is also a rapidly developing company with a huge client base of more than 40 million people and unprecedented market capitalization. Thus, it can justly be called a perfect choice for stock investments. Want to learn more about this opportunity? See our review.

Coinbase Global (or COIN) is a fast-growing online international exchange that offered its stock to the public market a few months ago ― in April 2021. And, over such a short period, it managed to grow in price to about $330 so far, while its initial price was $250. As of now, this company can boast about 260 million shares and a capitalization of around $86 billion, which is record-breaking compared to other online exchanges. Hence, it is not surprising that so many experts are certain of its cheerful prospects as an investment project.

So, let us give you step-by-step instructions on how to buy Coinbase stock:

1. Make an account on a stock trading service chosen and deposit it. We recommend you try Webull as it does not charge any commissions for stock trades. Besides, you can safely turn to Binance or eOption. Be ready that, like any other legitimate exchange, it requires its new clients to pass through identity verification procedures. That usually takes 1–2 days.

2. Deposit your balance. After your identity is confirmed, you can safely make your first deposit via ACH or wire transfer. Again, that can also take 1–2 days.

3. Open the stock page of COIN and scrutinize it. Find the search bar at the top and type the name of the stock you are interested in. So, you will be provided with all the basic information: the real-time quotes, Nasdaq’s last sale, opening rate, highest price, volume, market cap, etc. Make a deep analysis to determine whether it is a good time to make an investment.

4. Check the section “Analysis”. There, you can familiarize yourself with recommendations by experts ― the rating and the prompts whether you should buy or sell this stock at a current moment.

5. Make a purchase. Open the page with the corresponding quote, select between a share and a set price, pick up a payment method, and confirm your request.

In sum, as of now, Coinbase stock is one of the most promising choices. This company is currently going through a period of rapid growth. There are certain risks related to cryptocurrency regulation perspectives, but, in general, most forecasts are positive.

Socially responsible investing: is it possible?

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Every action you perform has an impact: on the environment, on the current social situation of the place you live in and on the world. The same goes also for your investments, if you choose socially responsible financial products, you can reduce your impact on the world from different perspectives.

Socially responsible investing: what is it?

On the basis of various analysis, it comes out that more and more investors are now ready to change the financial products in which they invest their capitals. This shift lies in the sustainability of the investment that most people prefer. Nowadays, it is possible to build a socially responsible investment portfolio because there are funding instruments which pay attention to specific issues related to their sustainability.

The measure of the sustainability of an investment is known with the acronym ESG: Environmental, Social, Governance. These are the three essential criteria for defining the sustainability of a financial instrument, by measuring its performance in these three specific areas. Therefore, we speak of the impact of a financial instrument, a company, a society on the environment in which it operates, on the social sphere in which it is active, also thanks to the type of governance it adopts.

How to invest sustainably

As stated above, today it is possible to invest sustainably, since credit management companies offer their customers the opportunity to check the ESG performance of a financial instrument. Hence, there are ESG funds, attentive to the environment, social issues, the way governments operate on society and the labour market, the type of salary that the employees of a company earn.

These are measurable parameters, which allow the investors to think long term, not only in terms of future earnings. An investment portfolio based on ESG parameters allows investors to support a cause that, in the long run, will change the world we live in for the better. An action that anyone can undertake nowadays, taking advantage of indicators already available at most of credit management companies.

What are ESG mutual funds

ESG indicators can be applied to any financial instrument. In fact, credit management companies offer this indicator for multiple types of investments, it is up to the individual investor to choose what he or she prefers. Thanks to the current legislation, we can state that these indicators are real and truthful.

The so-called SFDR, a new set of rules on the disclosure of information relating to sustainability in the financial sector, came into effect from 10 March 2021. This regulation establishes different rules that affect the transparency of ESG mutual funds with regards to sustainability risks. In fact, it led to the standardization of information regarding the ESG area, so that these parameters are based on a shared and unambiguous vision. Therefore, this allows to give even greater weight to ESG indicators and the possibility of highlighting sustainable funds from all points of view.

A sustainably managed fund

A fund with a high ESG parameter therefore must commit to invest in specific areas. This is the core concept, which it translates into specific checks and assessments regarding actual daily practice.
An ESG fund must therefore pay close attention to the environmental and social impact of the companies and products in which it invests; however, it is a secondary aspect which it remains measurable by the credit management company that promotes it to its customers.

The credit management companies can prepare an in-depth and careful assessment of the sustainability profile of a fund. However, it is clear that a deviation from reality is always possible, as events that could modify the ESG parameters only affect it throughout the years.

Where to find ESG funds

An ever-growing number of investors are particularly attentive to their impact on the environment and society. These are very important issues felt by a large number of people, who also consider them when they choose the products to include in their investment portfolio. Thanks to this, today more than ever it is possible to find ESG funds with greater ease.

Online investment platforms also offer this type of solutions and professional tend to recommend them to their clients.

5 Mental Health Benefits of Table Tennis

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Several studies demonstrate that sports that require team activity can improve one’s mental health. This is proven with table tennis in particular, at least when played competitively! Table tennis is a team sport involving an array of multidimensional and multidimensional movements and has infinite health benefits. Along with improving your fitness and making you agile, table tennis can also make you mentally stronger and mentally healthier through the power of competition. This post highlights some of the significant mental health benefits of table tennis.

Serves As A Brain Training Exercise

Table tennis serves as a brain train exercise that can help your brain stay in shape and could ward off mental degeneration. Although table tennis can be a physical sport, it has also been proven to improve mental health and performance. Playing the sport boosts your mental strength just as exercising does your physical strength. A 2004 study published in the Journal of Sport and Exercise Psychology revealed that table tennis players respond faster to events than non-athletes. It’s no coincidence that table tennis players are highly successful in academics and career paths. In addition, several independent studies state that Table tennis raises IQ by 10 points, raising the bar for students who play often. Because it is so fast-paced, the game of table tennis helps improve your concentration and ability to develop tactical skills.

Increases Mental Acuity

Table tennis benefits mental health because it requires players to think about how to place the ball and how to follow its movement once it is in play. Table tennis players develop visual acuity and mental sharpness by calculating the speed and spin of the ball, as well as its placement during rallies. Players need to judge the speed and spin of the ball quickly to be able to respond. After hours and hours of play, players develop faster decision-making skills that translate over other activities in life.

Stimulates Specific Parts of The Brain

Just like other sports, table tennis improves physical health. But what many people don’t realize is that it also benefits mental health. Playing table tennis stimulates several parts of the brain. Research shows that playing table tennis is an aerobic activity that improves brain function and memory. Table tennis players use the prefrontal cortex to plan their shots and anticipate their opponent’s play. Playing table tennis also improves your eye-hand coordination, which is at the core of how you interact with objects and people every day.

Helps Develop Mental Toughness

You can develop mental toughness through table tennis. In the sport of table tennis, there are lots of training programs that players can follow to improve their mental skills. A strong mind is an important tool for a table tennis player to have, and in turn, this develops mental toughness. Sports psychologists utilize several mental training programs to improve the performance of athletes in the sport. Take, for example, pre-performance routines that include warming up, self-talk sessions, and watching the personal video of how the player plays. Table tennis couches create this video to help the player improve his performance. The habit of watching the video can lessen the stress level and boost performance in the game. Table training psychology workshops include such training programs, which not only boosts the performance in matches but also boosts mental confidence. 

Helps Prevent and Treat Alzheimer 

Do you know table tennis is included as part of occupational therapy in caregiving facilities for dementia? Table tennis is a practical choice that encourages seniors to play and improve their eye/hand coordination. According to an MRI study conducted by the BAT Foundation (Bounce Alzheimer’s Therapy), table tennis is a useful tool for improving long-term memory and decreasing cognitive decline. The results revealed that the effects of table tennis on the brain are so profound that playing can reduce or even prevent such afflictions as Alzheimer’s and dementia. The associates from BAT foundation are working with the largest manufacturer of table tennis equipment, Butterfly, to develop dementia-friendly table tennis tables that are lighter and table tennis bats that have more tactile handles.

You know how you could easily improve your mental health by playing table tennis? It doesn’t matter if you play right-handed or left-handed if you’re a woman or man if you’re old or young. All that matters is that you want to improve. Table tennis brings you into a social and competitive environment. The physical and mental health benefits that come from this sport are bound to help you stay energized to keep yourself and your brain active and sharp at all times. If you still don’t believe me, try playing table tennis and notice what has changed in your mind and body after a few weeks and months of playing the sport.

Four Tips for Road Safety to Teach Your Children

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Today’s roads are busier than they have ever been before, with the number of licensed vehicles in the UK increasing nearly every year since the early 1940s. As such, the roads are just as dangerous as they have ever been, and it’s more important than ever to ensure the younger ones in your family know how to navigate roads safely. Here are four basic safety tips to pass on to your children, to keep them safe when using or crossing roads.

Stop, Look and Cross

One of the most quintessential safety tips with regard to roads is how to cross them safely – a safety tip forever immortalised by the famous Think! hedgehog road safety campaign, “King of the Road”: Stop, Look, Listen, Live. Teach your children to always stop at the edge of the pavement before crossing a road, and to look in both directions – right, left and right again – before thinking about crossing. Teach them also to listen out for traffic, as blind corners and junctions could be hiding imminent vehicles. On the subject of crossing the road, make sure to tell your children to always use designated crossing points where possible – and if there is no designated crossing point, to use a stretch of pavement free of parked cars, so they can be sure to see the road well enough to know if a car is coming.

Wear Bright Colours

A crucial preventative measure when it comes to road safety is the employment of bright and visible clothing in darker times; in the depths of winter, when the days are short, even the end of the school day can be shrouded in darkness, making visibility paramount to alert your children’s presence to drivers. As such, it’s important to avoid your children dressing in black for evening walks. Instead, encourage them to choose bright coats and clothing – and if they are cycling home, encourage your children to wear a high-visibility jacket for extra safety on the road.

Know the Signals

There are many different rules and signals for drivers to follow in order to drive legally and safety – and while it might not be appropriate for your children to learn all of them, some teaching of the basics can help them understand road safety and etiquette. Introduce them to parts of the Highway Code, and explain how crossings work to them. Make sure they understand what each light in a traffic light means, and how it applies to pelican and puffin crossings.

Hold an Adult’s Hand Younger children should not be crossing any roads unsupervised, or without the assistance of an adult – they may need a little more time to develop before being able to fully understand the dangers a road can provide. As a parent, you should ensure any children below the age of 8 know to hold your hand at all times by the roadside, and especially when crossing; this way, there is no potential for them to run or fall into the road, or to cross dangerously while you wait at a puffin crossing.

Put The Sparkle Back to The Season with Christmas Hampers

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It is that time of the year again where we celebrate the wonders of Christmas. The season of gifting is here, and most people are up and about searching for the perfect gifts. Whether you want to surprise your family, loved ones, or clients, you can try something new this year. Other than conventional gifting, consider getting a gift hamper.

Browsing Hampers with Bite, and shopping for the right item, is a great way of saying Merry Christmas to your loved ones. A hamper is a pleasant surprise that will leave a lasting impression. The trick is to know where to shop for the best hampers. If you are unsure where to get the hamper, you can shop for hampers online. As you source for the best and unique hamper ideas, keep reading for more.

Christmas Hampers That Will Sparkle Your Festive Season

Christmas gifting is an opportunity to show your family and friends how much you appreciate and love them. You do not have to spend a lot of money when gifting; it is all about putting your thought into it. So, make sure you get a package that will brighten the festivities. If you feel stranded, here are ideas of Christmas hampers you can use.

Dreaming Of Chocolate

Chocolate is loved by almost anyone and is enjoyed in every part of the world. So a chocolate hamper for the Christmas season is perfect for all those who get it. The chocolate hamper has all the chocolate you could dream of. The package has pretzels, caramel popcorn, a milk chocolate bar, a fruit and nut chocolate mix, and a cookie with chocolate. So, the person you give this hamper will sparkle with joy.

Holiday Wellness Hamper

A great idea for a Christmas hamper is mixing sweet desserts, body care products, a wellness journal, and a reusable water bottle. All these products can be found in the holiday wellness package. This package is a great gift to give someone who wants a fresh start or into fitness. They will enjoy the treats during the festivity while they plan how they will get their life together. They will appreciate the effort you put into getting a perfect package.

The Grand Santa Sack

Are you searching for the perfect package for someone who enjoys a quality drink? We got you covered with the Grand Santa Sack, a package that even Santa Clause will appreciate. The hamper has red Cabernet Sauvignon, Pinot Grigio, and a divine rose. However, Christmas is also about snacking, and that is why the package has sweet treats and white and dark chocolate. A great way of saying happy holiday to those you care about.

Basket of Christmas

Spread cheer and spark by getting the basket of Christmas to hamper for your loved one. The package has the best treats like ice-cream-shaped and flavored lollies, fruit and nut mix, caramel latte shortbread for coffee lovers, tasty fava beans, and with this package, you get to personalize a gift card. This is a great gift option for clients or colleagues,

Christmas Pamper Collection

If you want to give your loved one a great gift for the festivities and it can be used after the Christmas holiday, then the Christmas paper collection is the best option to use. The package has scented candles, luxury bath salts, aromatherapy hampers, goat milk soap, blends of orange and spice tea, a personalized gift card, and dark roasted peanuts. This is a hamper that the receiver will remember for many years to come.

Why You Need Hampers for Christmas

Shopping for a perfect gift can lead to you being stressed, and that will reduce your Christmas spark. The stress of Christmas shopping is unnecessary and can be avoided by getting hampers. Are you still not convinced that hampers are a great Christmas gift to get your loved ones? Here are the reasons they are the best option.

A Great Surprise

Even the most challenging gift receiver will be impressed when you give them a hamper. However, it is important to ensure that the hamper matches the taste and need of the person you are gifting. That way, you can give them an assortment of the things they like. That will help ensure that the festive season sparkles.

Send Your Good Wishes

You do not have to be with the person you are giving the hamper with so that they can get your gift. Since you will be buying the hamper online, ask the company you are buying from to deliver to the receiver’s address. So, even if, for some reason, you are not able to be with your family or pals for the festivities, you can still send your good wishes.

Beautiful Package

Note that the hampers are designed and packaged by professionals. The experts will know the best way to present the gift. So, you will not have to be stressed about gift wrapping. The hampers are well-wrapped and ready to be presented. Let the professionals do the job for you so you can focus on enjoying the festivities.

Suits Any Budget

It does not matter how much or little you want to spend on your gift; you will find a paper that suits your budget. Then, you can discuss it with the hamper company to personalize it to suit your budget.

Buy Your Christmas Hampers Today

Christmas is a time to be jolly and spread love and cheers to the people you love. What better way to do this than shopping for the perfect hamper? Whether you want to impress and make a lasting impression or are not sure of the perfect gift to get, we are here to help you.

Reach out to a gift store and discuss with them your gifting needs. Most stores will be willing to listen to you and assist you with the gift buying process for that special someone you are thinking about this Christmas season. Do not wait until the last minute; reach out today and start planning your festivities.

What is LEGO Education?

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You might be familiar with LEGO as a brand, with childhood memories of building houses or entire towns with the tiny pieces – but did you know it’s now starting to revolutionise the classroom?

LEGO Education is a separate, education-focused brand offering a range of intelligent hardware kits with unmistakeable LEGO features and elements. Find out more about how this intelligent hardware is being used in the classrooms in the following guide.

Prioritising technology

Teachers are starting to realise the huge benefits of an emphasis on technology in education. According to research from The Economist, four in five educators agree that technology is a valuable tool for developing skills in the modern workplace.

Introducing children to robotics and coding through LEGO Education is simple and enjoyable, even for teachers. Science, Technology, Engineering and Maths (STEM) subjects can feel daunting for some students, but the range of LEGO Education kits make it easy to integrate technology into the classroom and into a wider school learning plan.

Unique interactions

According to LEGO Education and their independent research over several years, they’ve made the benefits clear of including a hands-on learning approach, creating innovative learning solutions available to teachers and students.

The point is that these devices make subjects that might initially seem complex much more accessible and enjoyable. These modern learning solutions have helped children to build confidence in their own abilities and knowledge, gaining skills in specific areas including:

  • Exploration
  • Collaboration
  • Coding
  • Invention

The fundamental skills used in programming are problem-solving and critical thinking, which could be invaluable to your child’s future, either further along in their education or through to their career. An exciting range of opportunities could arise from the ability to program and associated skills.

Getting started

It shouldn’t be too difficult to encourage children to use LEGO – with widespread popularity, it’s probably something they already use at home. If you need to offer an incentive before introducing something more technical, why not inspire them to respond to real-world events using LEGO in a classroom activity or competition?

As a parent or educator, if you’re interested to know more or to take on your own coding project before launching one in the classroom, you could choose a LEGO Education product from the selected range to get started.

Using LEGO Education and other devices with the Internet of Things could be hugely beneficial inside and outside the classroom.

5 Things To Consider Before Buying A House with Tenants

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Buying a house is one of the biggest and the most expensive investments an individual can make. But house hunting can often lead you to properties that have tenants, one or multiple. It can sometimes be seen as a problem if you are looking for a peaceful house to reside in.

For some, it can be a very beneficial arrangement if the house is more of an investment. But in any case, the person buying has to consider a few things and remember a few pointers when buying a property with existing tenants.

Check out Surex to learn more about the things you need to consider while buying a tenanted property in BC.

What To Expect When Buying A House with Tenants in BC?

When buying a property with tenants, you need to understand that you would be taking over the role of a landlord. While it may sound complicated, it may not be quite so.

The lease agreement, executed between the tenant and the house’s original owner, has rights granted to both the tenant and the landlord. You need to be conscious of these rights and respect the lease agreement since it is a legally binding agreement. It is pertinent to mention here that breaching the lease terms may get you into legal trouble.

Things To Consider

1. Rights Of Tenants

One of the most important things to consider when buying a house with tenants in BC is the tenants’ rights. These rights can vary from province to province.

Nevertheless, the tenants have their rights, and accordingly, you may ask them to leave or not. In addition, you cannot ask them to commit to new terms and conditions or increase the rent. Also, suppose you want to ask them to leave. In that case, you need to follow strict legal procedures, send them enough notice and communicate your intention effectively.

2. Landlord Obligations

When you buy the rental property and assume the role of the landlord, the rights and obligations of a landlord are also transferred to you. As part of any lease agreement, it is the landlord’s responsibility to provide the tenants with a safe and clean environment to live in. These are accompanied by a few crucial rules that you will need to adhere to, such as:

  • Keeping the structural parts of the building intact like stairs, floors, walls, etc.
  • Ensuring access to clean water, sanitation, and other such facilities at reasonable times in reasonable amounts.
  • Ensuring that there is no harm to the tenants from any known environmental toxins like asbestos, lead paint, etc.
  • Maintaining all the common areas in a clean and hygienic manner.
  • Providing the facility of garbage disposal and its removal.
  • Ensuring that the ventilation, heating, and cooling units are working adequately.

In addition, there may be specific rules and obligations reinstated by the local or state laws in your area. Also, the lease agreement can have certain obligations agreed upon like mowing of lawn or watering plants, etc., which also need to be adhered to separately and cannot be avoided.

Also, ensure that you check if the property’s previous owner had some outstanding fines imposed or any legal complications from not maintaining the property as required. As you become the new landlord and owner, you would be held liable for outstanding fines and legal implications. It is one of the cons of buying a property with tenants and should be considered carefully.

3. Lease Terms

The lease terms agreed by the tenants and the house’s previous owner cannot be altered within the period of the validity of the agreement. As the new homeowner, you cannot ask them to leave without any of the reasonable grounds for eviction. You also cannot increase the rent or include additional rules and obligations to the existing lease agreement.

4. An Introduction Letter Can Do The Trick

A new landlord introduction letter can be helpful in such situations. It is a formal letter sent to the tenants by a new landlord to inform them of specific details that may have changed. It can be beneficial to send an introduction letter to help the new relationship start on a positive and friendly note.

It would be best to inform them that the lease agreement stands unchanged and inform them of all the new contact details and mailing addresses. It will help create an open line of communication and help establish a rapport if any issue arises.

5. Make Sure The Tenant Has Tenants Insurance

Finally, as the new property owner, you must ensure that the tenants have tenants insurance. Since you cannot impose any further mandatory obligation, you can surely ask them to avail themselves of the insurance.

Tenants insurance does not only provide coverage for a tenant’s belongings but also covers their personal liabilities. Thus, if theft occurs or one of your tenant’s guests gets injured at your property, the tenants insurance will cover the expenses.

Some tenants insurance policies also cover expenses for hotel and food if the rented property is under maintenance or destroyed due to perils or other reasons listed in the policy. Also, the standard homeowner policy would not cover any losses tenants might incur.

Moreover, a tenant capable of shelling out funds for tenant insurance would usually have a good credit score and be financially stable. It will give you peace of mind.

Endnote

Finally, it will depend on you as a new homeowner if you view a property with tenants as an advantage or an inconvenience. Although it can give you an immediate cash flow, buying a house with tenants in BC can be troublesome if the tenants are not well suited to your needs. So, make sure that you consider all there is to consider before committing to such a property. It is always best to talk to an expert before you make any decision.

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