Rob Boies - Realtor - Royal Lepage

10/23/2024

Rented123.com – Helping Renters Become Homeowners, One Month at a Time
At Rented123.com, we believe that every rent payment you make should help build your future. Your ability to make payments on time is the biggest factor in determining your credit score, but it can be frustrating that rent and utility payments – bills you likely pay regularly – don’t typically contribute to improving your credit.
You pay your rent every month and you should receive more benefits from your on-time Rent payments. Rent payments are usually excluded from credit reports because they’re not considered debt payments. In the past, only missed rent payments reported by a landlord negatively affected your credit. But that’s about to change with rent reporting.
What is Rented123.com- Silver membership Rent Reporting via Equifax?
Rent reporting allows renters to have their on-time rent payments contribute to their credit score, helping to build and improve it over time, increasing credit scores and lowering your cost of borrowing money. It works in one of two ways:
Third-Party Services: Companies like Rented123.com, partnered with Equifax, enable renters to report monthly bills and payments. By linking your bank account, you can have these payments reported to major credit bureaus, helping you improve your credit score without taking on new debt.
Landlord Participation: This encourages on-time payments, benefiting both tenants and landlords.
Why Rent Reporting with Rented123.com Matters
Rent reporting allows you to improve your credit score based on bills you’re already paying, making it a risk-free way to build credit. It’s especially helpful for those who don’t have a lengthy credit history or are working to improve their score. Become a homeowner sooner than you ever thought possible.
For landlords and property management companies, rent reporting promotes consistent, on-time payments and reduces reliance on checks. If your landlord isn't using this service yet, it could be worth suggesting as a win-win for both parties.
At Rented123.com, we’re committed to helping renters become homeowners, and our rent reporting service is just one way we’re making that journey easier.
Our members get access to the best properties and Realtors in your preferred communities.
Become a member today and secure the ultimate home security.

10/23/2024

FOR IMMEDIATE RELEASE- October 23, 2024
Rented123.com Intelligent Rentals (Ai) and membership platform- New Website Update Featuring better user experience, Advanced ID Scan and Facial Recognition Technology, Plus New Membership Program to Empower Renters and Realtors
Vancouver, BC – October 12, 2024 – Rented123.com, a leading property rental platform, is thrilled to announce the launch of significant updates to its website, offering users enhanced features aimed at improving security, convenience, and accessibility. Key highlights of the update include the introduction of ID Scan and Facial Recognition technology, as well as a new membership program that supports renters on the path to homeownership while empowering real estate professionals through a unique franchise system.
Advanced ID Scan and Facial Recognition Technology
With the latest update, Rented123.com integrates cutting-edge ID Scan and Facial Recognition technology, making it easier and safer for users to verify their identity during the rental process. This secure system helps prevent fraud and provides peace of mind to both renters and property owners. By streamlining the verification process, renters can now easily access properties while owners gain confidence in tenant security.
“Our goal is to enhance trust within the rental marketplace, and this technology provides a seamless, secure experience for all parties involved,” said Robert Boies Founder & CEO of Rented123.com.
New Membership Program: Helping Renters Become Homeowners
In addition to the new security features, Rented123.com is excited to introduce a Membership Program designed to assist renters in achieving homeownership. This program provides valuable resources, including credit building tools byb reporting on-time rental payments, financial planning tools, access to exclusive listings, and educational resources aimed at helping renters transition into homeownership.
“Our new membership program is a game changer for renters who aspire to own their own homes,” said CEO Robert Boies. “We are committed to helping individuals move beyond renting by offering them the tools and support they need to achieve their homeownership dreams.”
Franchise System to Support Realtors
Rented123.com’s new Franchise System is another innovative offering, tailored specifically for real estate professionals. This system allows Realtors to tap into the Rented123.com network, leveraging its advanced tools, trusted brand, and vast property database to grow their revenue streams and referral businesses. By partnering with Rented123.com, franchisees will benefit from the platform's enhanced security measures, increased visibility, and support in managing rental properties and develop trusted client relationships.

“We’re excited to offer Realtors an opportunity to expand their operations and capitalize on the growing rental market,” said [CEO Name]. “Our franchise system not only helps Realtors succeed but also allows them to provide greater value to their clients.”
About Rented123.com
Rented123.com is a comprehensive intelligent (Ai) property management rental platform & market place, offering solutions for renters, property owners, and real estate professionals. With advanced security features, a path-to-ownership membership program, and a franchise system for realtors, Rented123.com is transforming the rental and real estate industries.
For more information about Rented123.com, visit www.rented123.com or contact:
Robert Boies
Founder & CEO
[email protected]
604 341 3009

Rented123.comIntelligent Rental Platform & MarketplacePowered by Intuitive & Intelligent AGi Tech.Your one-stop resource for Renting, Owning, and Managing cash-flowing properties. Start Your Free Trial Get Your Franchise Say hello to Rented123We offer support to both tenants and landlordsas easy as....

10/02/2024

This is for those seeking political office (talking points) and/or those reading this post who do not understand the current (former) inflationary situation.

Current inflationary pressures in the global economy are driven by a combination of several key factors:

1. Post-Pandemic Demand Surge
The global economy rebounded quickly after COVID-19 lockdowns, leading to pent-up demand for goods and services. This demand exceeded supply, causing upward pressure on prices, particularly in sectors like travel, housing, and consumer goods.

2. Supply Chain Disruptions **** primary reason
The pandemic caused significant disruptions to global supply chains, resulting in shortages of critical materials and goods. These supply constraints persist, particularly in sectors like semiconductors, energy, and shipping. This imbalance between demand and supply has contributed to inflationary pressures.

3. Energy Prices
Energy prices, particularly oil and natural gas, have been volatile and surged due to various geopolitical events, including the Russia-Ukraine war. Rising energy costs directly increase production and transportation expenses, which are passed on to consumers in the form of higher prices for goods and services.
***USA is at historic levels of production***

4. Labor Market Tightness
In many countries, labor shortages have emerged, leading to rising wages as employers compete to attract and retain workers. Higher wages can lead to increased production costs, which can then be passed on to consumers through price increases.

5. Loose Monetary Policies
Central banks, particularly in the US and Europe, implemented loose monetary policies during the pandemic to stimulate their economies, including low interest rates and large-scale asset purchases. These measures, while necessary at the time, contributed to increased money supply, which can fuel inflation when coupled with demand pressures.

6. Geopolitical Tensions
The Russia-Ukraine war has exacerbated inflation, particularly in Europe, by disrupting energy supplies and agricultural exports. The resulting sanctions and supply chain disruptions have driven up commodity prices, particularly food and energy.

7. Commodity Price Volatility
Global prices for key commodities like food, metals, and raw materials have risen sharply due to supply-side disruptions, logistical challenges, and increased demand in certain regions. This is particularly noticeable in sectors like agriculture, where crop shortages have led to price spikes.

8. Housing Market Pressures
Real estate prices have surged in many regions due to increased demand, low interest rates, and limited housing supply. Housing costs contribute directly to inflation through rent and indirectly by increasing construction and borrowing costs.

9. Currency Depreciation in Emerging Markets
In many emerging markets, inflation has been further exacerbated by currency depreciation. A weaker currency makes imports more expensive, further driving up inflation.

10. Excessive profits and shrink flation by the grocery supply chain **** see PnL for publicly traded companies***

10. Interest Rate Increases by Central Banks 2021-2024

To counter inflation, central banks had increasing interest rates, which did cool demand but also increased borrowing costs for businesses and consumers. This leads to a delicate balancing act as authorities try to manage inflation without causing a recession.

These factors combined create a complex global inflationary environment that many economies are struggling to manage effectively.

09/25/2024

Looking for a 3 bedroom rental in Vancouver- November 1, 2024- Rented123 members are prescreened and certied by our technology platform. Our certified members build credit scores by reporting on-time rental payments to our credit agency partners. Secure housing and Financial IQ with rented123.com

09/23/2024

If politicians had to wear "liar liar pants on fire" pants that would change a lot of policy decisions made during campaigning

09/16/2024

Effective December 15, 2024, the Government of Canada has increased the purchase price limit applicable to insurable mortgages from $1 million to $1.5 million, aligning with current market conditions. This means buyers can qualify for a high-ratio (less than 20% down) mortgage on home purchases up to $1.5 million, versus the current cap of $1 million. The government also announced an expansion of eligibility for 30-year mortgage amortizations, making 30-year mortgages available to all first-time homebuyers and to all buyers of new builds. These changes aim to make homeownership more accessible by reducing monthly payments and enabling more Canadians to qualify for mortgages with smaller down payments.

07/05/2024

Government in action, rather than just punishing the few bad apples, they create more bureaucracy, then punishes everyone.
There have to be smarter people than we elect at all levels.
On July 3, 2024, the Provincial Government announced significant changes that came into effect July 18, 2024, to protect residential tenants from ending tenancies in bad faith. Under the Residential Tenancy Act, a landlord can end a tenancy for personal or caretaker use.

06/20/2024

- builds your credit be reporting on-time rent payments:
Results of the Royal LePage 2024 Canadian Renters Report were distributed to the media early this morning. The release includes insights into regional rental market trends and the sentiments of renters from coast to coast, including their plans to transition into home ownership.

READ & SHARE THE BLOG POST

Key highlights from the national release include:

27% of renters plan to buy a property in the next two years; 40% among renters aged 18-34

Of those who do not plan to buy a home in the next two years, 54% say they do not feel their income will be sufficient to afford a property they desire; 61% among those aged 18-34

29% of Canadian renters say they considered buying a property before signing or renewing their lease; 41% of them lacked a sufficient down payment

In British Columbia, 25% of renters spend more than half of their net income on monthly rental costs, well above the national average of 16%

Of renters who say they plan to buy within the next two years, half (50%) say they will have a down payment of less than 20%

44% of renters planning to purchase in the next two years believe they will be able to afford a home in their current city of residence, while 37% do not

06/07/2024

Exclusive listing for buyers only, 2 bedroom 2 bathroom new build ready fall of 2024. Mt and Ocean views $799,000 ensuite laundry, storage, and secure parking. DM me for floor plans and site tour.

06/07/2024

Listing alert 3 bedroom 3 bathroom 2400 sq, requires new kitchen and some paint and flooring updates, priced to sell DM me for an early viewing

06/05/2024

The Bank of Canada today reduced its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. The Bank is continuing its policy of balance sheet normalization.

05/10/2024

Attention builders and investors! This property located in Lincoln Park, which has been rezoned for a duplex, is now available for construction. The lot size is 7,808.00 sq ft and it has lane access. The property has passed its third reading and is now ready to be built as a side-by-side duplex with detached garages. There is also potential for further development opportunities with changes in zoning regulations. The current house is a rancher-style home with three bedrooms and two bathrooms. The spacious living room features a gas fireplace and laminate flooring. The house also has a huge patio and a fully fenced yard. The current tenant is on a month-to-month lease and pays $2,322.54 monthly. Ample parking space is available, and the home can be accessed from the back lane. The property is located in a family-oriented neighbourhood that is close to shopping centers, schools, transit, and main roads. DM me for plans