Buying a property for an investment is a great idea and a stable source of income. However, dealing with its demands could be time consuming.
At PMD, we understand how important your time is, therefore, as your direct property managers, we would provide you with the following services:
- Determine Highest Monthly Rental Amount
- We do all the necessary market analysis, in order to ascertain what is the highest monthly rental amount to be charged.
- Attaining Tenants
- Advertise your property while using a wide range of publications means at once, so as to assure maximum exposure, and guarantee to minimize the potential losses from vacancy
- Handle all telephones, appointments and showings
- Full background checks (references, income and credit history)
- Lease Agreements
- Our contracts reinforce aspects of the Tenant Protection Act and Condominium Act and are in compliance with Condominium Corporations’ legal requirements.
- Rent Collection and Bill Payments
- We collect all the monthly rentals and pay all the necessary bills
- Handling all Services
- The tenants contact us directly in case of an emergency
- We send in professionals when maintenance or repair issues arise
- Detailed Monthly and Yearly Statements
- Every month and once a year, you will receive financial statements with a list of all the expenses affiliated with your property
- Rent Renewals and Increases
- Every tenant received a 60 days prior to the termination of their lease for rent renewal or rent increase.
In addition to managing residential properties, we also administer commercial property management. Unlike residential property, commercial properties typically operate under long term leases. We will ensure that a lease signed today will still yield a satisfactory ROI in the future as well.
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