Benefits of Professional Management

Benefits of Professional Management

Congratulations! You’ve decided to invest in a commercial or residential property, or perhaps you’re adding another building to your portfolio. As a company that has been around for 30 years, we know that managing your own property is no easy task. You may have considered working with a property management company, but you’re unsure what sort of advantages there are to handing-off your valuable investment.

By definition, property management is the operation, control, an oversight of real estate investments, but that's not all that's involved. When you hand off your property to a professional management company, you're trusting that they will increase the value of your investment. Below we've included some of the reasons why property owners turn to professional management.

Adding Value To Your Investment

High Quality, Happy Tenants

A comprehensive tenant screening process and retention policy ensures that you get tenants who pay on time, take care of their units, and rent for longer. Additionally, our management structure provides a unique advantage by using a multi-point contact system to improve communication and service level to tenants.

Lower Maintenance & Operating Costs

Proper maintenance and repairs are all part of keeping your tenants happy and enhancing the value of your investment. By choosing to work with us, you'll gain access to our in-house maintenance staff and building operators, as well as a large network of licensed contractors who have already been assessed for good pricing and quality work.

Portfolio Accounting & Reporting

Our in-house accounting team can assist with preparing customized monthly reporting, comprehensive financial statements, annual budgeting, rent roll, and tax form preparation. Additionally, we can customize your financial statement package according to your specific needs.

Leasing

We can act as your leasing agent to renew existing tenants, and we'll utilize our relationships with the tenants and our local market knowledge to your advantage. If you need new tenants, we'll work with the best real estate brokers who have demonstrated experience in specific asset classes to help source out new high quality leasers.

Lease Administration

We can take care of preparing lease and renewal documents, collecting delinquent rent, and reconciling annual rental charges to lease terms and budgeted operating costs to actual costs.

Preventative Maintenance

We have extensive systems put into place to deal with maintenance and repair issues early on so that they don't turn into more costly issues in the future. Through regular site inspections, detailed maintenance check lists and documentation, and recommended upgrades, you can ensure that your building will be running smoothly at all times.

Less Stress and More Freedom

We are equipped to handle the late night emergencies, rent collection, rental scams, evictions, and the piles of paper work, thus freeing up your time to spend on growing your investment holdings, travelling, and spending more time with your family.

Consulting Services

You may have decided that you'd like to take more of a hands-on approach to managing your property, but still want to consult with a professional on certain matters. As such, we offer consulting services to help you better understand all of the inner workings of leasing, maintenance requirements, and how up-to-date legislation can affect the outcome of your endevaour. Our consulting services include:

  • Marketing to attract appropriate tenants
  • Acquisition or disposition management
  • Tenant screening & representation
  • Lease analysis
  • Construction management
  • Contractor relations
  • Due diligence consultation