CitySearch Journal

Property Management Blog

7 Reasons Why You Should Hire A Property Manager

Whether you have just bought your first investment property, have been managing your own properties for years, are testing the rental market because you’re not ready to sell… whatever your motive may be, hiring a property manager has probably crossed your mind. Read ...
Property Management Blog

KEY PAIN POINTS FOR PROPERTY MANAGERS

There are many steps in the management of a rental property which continue well past the time the tenant takes possession.  This article focuses on some of the common pain points for property managers:Property Vacancies:  Vacancy costs are a key contributor to...
Property Management Blog

Top Pain Points for Tenants During the Showing & Leasing Process

There are several stages in the rental process however below focuses on the showing and leasing steps. Below are some considerations to address common pain points and to improve the renter’s experience.Use Current Technology – Automate tenant lead interactions from th...
Property Management Blog

Wear and Tear vs. Damage

Wear and tear is different than tenant caused damage, and due to the subjectivity of wear and tear, conflict will often occur when determining the difference between the two. Let’s start by breaking them down:“Normal” or “Reasonable wear and tear” ca...
Property Management Blog

The 30-Year Mortgage: A Brief Overview

The following is a brief overview of the 30-year mortgage.  Firstly, mortgages with amortization periods great than 25 years are not new in Canada, but the trend is on the upswing.Are 30-year the new 25-year amortization period for Canadian mortgages?The answer is no at...
Property Management Blog

Winter Prep: The Apartment Version

You might think that, because you live in an apartment, you are free of any of that winterizing prep that would be involved, in say, a single-family home, when in fact, there are a number of things to do, and to be mindful of. We’ve been spoiled so far, but inevitably, wint...
Property Management Blog

WINTERIZATION OF TOWNHOMES

To assist you with preparing for cold weather and to prevent frozen pipes, we have prepared the following preventative maintenance checklist.  Firstly, we suggest all important lines and valves are tagged, and having your furnace serviced annually.1. Know where the main wate...