Why should I hire a property manager?
Maintaining your commercial property requires a great deal of attention.
The question is, do you have the time, knowledge and the desire to expend in the daily operations of your investment?
For people who do not personally wish to be involved with collecting rents, negotiating leases, or maintaining the property, then hiring a property manager to save you time and resources is the best solution.
As a licensed property manager, I am well versed as to the mechanics of property management and will work diligently on your behalf to ensure your asset is kept in line with your investment strategy.
Benefits of hiring a professional property manager are:
- Financial management of property.
- Leasing and negotiating of leases with tenants, realtors.
- Managing tenant relationships.
- Yearly and systematic maintenance and operations.
- Revenue optimization
What qualifications do property managers have?
I am licensed as a Property Manager under the Real Estate Council of BC specializing in Commercial Property Management.
How do you calculate your fees?
Property Management Fees are usually listed as a part of your tenants lease and/ or calculated either as a percentage of gross revenue or as a fixed monthly fee. Management fees are generally charged back to the tenant in additional rent.
How do you handle financial reporting on my property?
We prepare comprehensive monthly and yearly reports via leading property management software . Ready to audit reports will be sent to you each month.
Do you include any documents in my financial statements?
We customize our financial reports to suit your requirements. They generally could include, Property management report, rent roll, income statement and cash flow statement.
How do tenants pay their rent?
Pre-authorized debit or e-transfer.
Do you have an after hours emergency number?
What types of issues would be considered emergencies?
Significant roof leaks, power outages, floods of any kind, plumbing issues, etc.
Do you provide residential property management services?
If you have residential property included in your portfolio, we could provide that service to you.