Right up front – I am not a Property Manager and nor do I offer this service.
Why do I have a link on my website for property management?
I have a high number of clients that own rental properties and I am undoubtedly the most market dominant real estate agent for leasing homes in Oakville. I can help you by:
1) providing advice regarding property management companies
2) making a solid referral to a competent, local property management company
Property Management Companies
Owning a rental property can be a demanding drain on your time. Today’s landlord is expected to be well-versed in current legislation governing landlords & tenants in Ontario, Privacy legislation, Health and Safety Code and more.
It is best to hire the services of a Property Management company that is located in the same market as the property. This will help to ensure that the property receives the proper attention and on-site inspections from the property manager and their tradespeople.
I do not recommend having a real estate agent, friend, or family member act as the property manager. To many, this may seem to be the easiest and most cost effective solution. Like any other business, being a property manager requires a certain skill set and level of knowledge and expertise.
Many real estate agents offer property management as a means of client retention, but with little or no understanding of the risks to them or to the owner of the property. They may expect you to feel beholden to them for future real estate services and, if wish not to do so, the break-up can be messy.
A Property Management company allows you to be more objective in your decisions on cost related items and tenant conflicts.
Check to see that they are properly insured.
In my experience Property Management companies tend to come and go so inquire how long they have been in business.
Ask for references from current and past property owners.
Referral Yes, send me more information on Property Management
A professional manager of investment properties across Oakville, Burlington, and Mississauga, Hill Property Management Group provides owners peace of mind by taking care of every aspect of successfully operating a rental property.
Services include:
• Developing a preventive maintenance program
• Filing of non-resident tax returns
• Resolving tenant conflicts
• Collection of rent
• Providing emergency services
• Regular inspections
• Arranging for repairs & maintenance
• Detailed monthly statements