Frequently
Asked
Questions
Frequently
Asked
Questions
FAQs
Read through our most Frequently Asked Questions to learn more
Property management is the operational control of and care for real estate by a third party. There are several types of property management companies, including residential, commercial, short-term, construction, and more. Landlord property & rental management focuses on residential & multi-residential property management.
Property management is the operational control of and care for real estate by a third party. There are several types of property management companies, including residential, commercial, short-term, construction, and more. Landlord property & rental management focuses on residential & multi-residential property management.
Property managers have a range of responsibilities, some of the services offered include: tenancy procurement, rent collection, bill payment, oversight of maintenance and repairs, mediation and conflict resolution. We also offer experience-based guidance to protect the overall integrity of your investment property by ensuring compliance with applicable legislations, avoiding unexpected costs, and maintaining a professional and positive relationships with your tenants.
Generally, realtors are focused on buying, selling and renting properties. A realtor can help you find a tenant, but that’s where their responsibilities will end. A property manager will help get the tenant settled, and ensure both they and the property are well looked-after throughout the tenancy.
A professional property management company should have guidelines and processes to deal with various scenarios relating to ongoing management. For example, LandLord property & rental management has a step-by-step process to search and screen tenants, a standard lease for every rental agreement, rental insurance guidelines, and more. A self-managing landlord likely has limited experience working with their own property and may not have standard practices and procedures. At first glance, a rental applicant might be happy to deal with a ‘relaxed’ landlord, but complications could arise if other tenants aren’t screened thoroughly, the landlord doesn’t fully understand the law, or maintenance is not being addressed as efficiently as it should be.