The Brantford property market is red
hot, with investors rushing in to scoop up rental properties with the promise
of fantastic returns on investments. Being a landlord can be difficult and if you
don’t have prior experience, you may want to look at property management companies in Ontario for some professional
assistance.
Finding
Good Deal
First up, you will want to know how
much they charge for managing properties and what services are included. Most
companies charge anything from 5% to 20% of rental value to be paid on monthly
basis and it’s important to find a service provider who offers a good balance
between fees and services. Reputed Ontario property management companies offer flexible solutions and an easy to
understand cost structure.
Select
Responsive Company
It’s important to see how responsive a
property management company is to your queries and your tenant’s maintenance or
repair requests. Choose a company renowned for prompt and frequent
communication and one that seeks landlord’s approval for all property related
decisions. Reliable companies provide periodic finance reports so clients are
always up to date with the performance of their properties and can exercise
complete control. Find out if the company provides after hours tenant services
in case of emergency issues.
Tenant
Screening Services
Good property management companies
have plans in place to help clients choose right tenants. They conduct
extensive credit checks and background checks as part of their screening
process to ensure a prospect is a right fit for the property. They use diverse
advertising channels such as print ads, online listings and outdoor signage to
find prospective tenants quickly and efficiently.
If you’re ready for interviewing, set
up meetings with reliable service providers and see which one best fit for your
needs.
