Frequently
Asked
Questions

Frequently
Asked
Questions

FAQs

Read through our most Frequently Asked Questions to learn more

What is 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 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.

What does a property manager do?

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.

What’s the difference between a property manager and a realtor?

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.

What’s the difference between renting from a private landlord and renting from a property management company?

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.