Why hire a PROPERTY MANAGER?

Whether you are an “accidental landlord” or an investor, your rental property can either be a cash
cow and a future goldmine, or an anchor around your neck. While providing Property
Management Services involves many areas, our focus is managing the critical factors that most
owners directly.

  1. First and foremost, proper tenant screening is priority one.
    a) Tenant screening is more than a credit cheque! It begins by marketing to your ideal tenant. It
    means writing advertising material that appeals to these ideal tenants and presenting the
    features of your property in the best light.
    b) It includes meeting with and speaking to prospective tenants to understand their needs, how
    your property meets their needs, and presenting the major conditions of the lease. Handled
    well, this discussion can often screen out potential tenants who might otherwise be difficult
    later.
    c) When a prospective tenant provides an application conducting credit checks, reference checks
    and reviewing social media can begin.
  2. Once an applicant is accepted, a lease can be signed. What does your lease look like? Does it
    remove confusion and set clear expectations and standards? Is it legal? Is it a boiler plate you
    picked up on-line, or has it been properly reviewed and vetted? Has it been battle-tested? A well-
    written lease is worth it’s weight in gold.
  3. Maintenance requests – the fact is, things break down. Although most tenant requests are valid,
    occasionally they may be frivolous or due to damage caused by the behaviour or neglect of the
    resident. With an effective online maintenance request process, we can track maintenance issues
    to ensure completion and control cost.
  4. Inspections! By conducting periodic inspections, we endeavour to recognize and either prevent or
    intervene before small problems become big ones! from occurring. A clogged gutter can lead to
    thousands of dollars in damages. Has the tenant acquired a pet not permitted on the lease? Is the
    yard cared for? These issues need to be discovered early and handled while the tenant occupies
    the premises and the lease is in effect, not after they have moved.
  5. When the tenant leaves (planned or unplanned) it is important this handled well, with dignity and
    integrity. Notice periods, final inspection and return of deposit among other items are mandated
    under the Residential Tenancy Act. With effective systems in place, the owner is assured
    damages will be fixed, past due balances will be paid, and the resident will leave happy.

Consider Real Property Management – we can help!