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The biggest misconception of property management is that once a tenant is placed, you can just sit back and happily collect rent each month. The realities of running a successful rental property is both demanding and complex. With unforeseen emergencies, ever-changing tenancy laws and dealing with tenant/property issues, many seasoned investors choose to rely on our expertise on these matters for a reason. The question is: do you want to spend your time doing what you love? Or did you buy an investment just to have a second job?
With over a decade of experience, we have fine-tuned our systems for every aspect of managing a successful rental property. We continue to upgrade our standards with industry leading solutions. Our goal is to place long-term, happy tenants to help our owners reduce costs and see higher returns from their investments. We think and operate with our owners' best interest in mind. Not to mention, we place high priority on fostering great relationships with our tenants. The results speak for themselves.
First we prescreen each applicant prior to showing to make sure that their needs match what the property has to offer. Factors to consider include: duration of tenancy, budget, pets, size of unit, location and much more. Before the showing, we ask applicants to watch a walk through video of the suite to reduce the need to show if it's not a good fit.
We use a 3rd-party program to verify income and credit scores as well as criminal history with CSO screening. Previous landlord references are used to verify their rental history.
We offer a professional hands-off management experience. We deal with all residential tenancy matters including: placement, maintenance, accounting and tenancy law issues. For more details, see our Services page.
It starts with placing respectful tenants and setting the correct expectations. While we cannot promise to eliminate all damage such as wear and tear, we do full photographic move In/out reports with each tenancy and follow up with any issues in a timely matter to reduce the chance of property damage. Tenant insurance is required for all of our properties. We have a 24/7 emergency line to address any unforeseen incidents.
Management fee is 1/2 month rent for the placement of tenant and 10 percent of gross rent per month plus GST.