If you’re a property owner looking to hire a well-experienced property management team, then you’ve found the right property managers! At Birks Asset Management, we handle all the day-to-day responsibilities of running a rental property,so you don’t have to. These responsibilities include setting and collecting rent, finding tenants and drafting leases, addressing all maintenance inquiries, and complying with landlord-tenant laws. To learn more about our operations, check out our “Birks AM, One of the GTA’s Most Lucrative Property Management Companies”blog.
So if you’re asking yourself, what does a property management company do?
We make sure to overlook all the operations to give you peace of mind that you’re in good hands.All you have to do is tell us what you need and where you want your business to go. Below we’ve listed five pros to hiring us as your property manager!
Table of Contents
Passive Income
Since we take care of all the property management operations, it gives you, the landlord, time to focus on your priorities or other income streams. The property that we manage for you then becomes your passive income.
Suppose you’re a property owner with other obligations (full-time job, family, business ventures), you may find yourself overwhelmed to manage those priorities while dealing with properties and tenants. For this reason, we’re here to step in and handle every aspect of operating your property, giving you peace of mind that your property is taken care of and your renters are happy.
Shorten Vacancy Periods
We have an excellent and skilled marketing team that knows how to market your property and create advertisement strategies to attract prospective tenants. As a result, there will be shortened vacancy periods because we can quickly fill residences.
We’re also well experienced in evaluating the property market and area to set a fair rental price. Our evaluations consider the landlords and the tenants to ensure tenants are getting a rent that matches the quality of the property, while landlords still receive a generous income.
Lastly, we effectively screen tenants to identify quality candidates who responsibly govern the property and pay rent on time. Overall, reducing eviction numbers and accruing costs.
With our skilled marketing team, property market expertise, and effective tenant screening measures, vacancy periods will be shortened by 90%, helping you avoid depreciation periods.
Tenants’ Expectations are Managed and Met
Our day-to-day involvement with the property allows us to establish tenant relationships to ensure we meet their needs and expectations.
Research shows that 88% of tenants agree that the quality of property management determines their decision to renew their lease. That’s why we prioritize our tents’ needs by guaranteeing that the property is fully habitable and functioning, so tenants are satisfied under our management. We limit the risk of emergency repair requests through our consistent maintenance, avoiding losses.
Our property management services ensure that tenants are heard and catered to. After all, a tenant who feels listened to is a happy tenant!
Access to Reliable Vendors
When it comes to operating property, it’s crucial to have a team of reliable vendors, such as electricians, plumbers, contractors, painters, and cleaning professionals, to attend to property needs.
Luckily we have an entire team of professional vendors ready to attend to our requests.
Property Managers Achieving Your Business Goals
While we manage your property effectively, we’re also mindful of your needs and goals as a business owner. We’ll help you strategize what properties to purchase and market to prospective tenants if you want to grow your business. Or if your goal is to sell your rental property, we’ll help you look at your profitability holistically and oversee any capital improvements or renovations you may need.
Here are 5 Benefits to Hiring a Reliable Property Manager
If you’re a property owner looking to hire a well-experienced property management team, then you’ve found the right property managers! At Birks Asset Management, we handle all the day-to-day responsibilities of running a rental property, so you don’t have to. These responsibilities include setting and collecting rent, finding tenants and drafting leases, addressing all maintenance inquiries, and complying with landlord-tenant laws. To learn more about our operations, check out our “Birks AM, One of the GTA’s Most Lucrative Property Management Companies” blog.
So if you’re asking yourself, what does a property management company do?
We make sure to overlook all the operations to give you peace of mind that you’re in good hands. All you have to do is tell us what you need and where you want your business to go. Below we’ve listed five pros to hiring us as your property manager!
Table of Contents
Passive Income
Since we take care of all the property management operations, it gives you, the landlord, time to focus on your priorities or other income streams. The property that we manage for you then becomes your passive income.
Suppose you’re a property owner with other obligations (full-time job, family, business ventures), you may find yourself overwhelmed to manage those priorities while dealing with properties and tenants. For this reason, we’re here to step in and handle every aspect of operating your property, giving you peace of mind that your property is taken care of and your renters are happy.
Shorten Vacancy Periods
We have an excellent and skilled marketing team that knows how to market your property and create advertisement strategies to attract prospective tenants. As a result, there will be shortened vacancy periods because we can quickly fill residences.
We’re also well experienced in evaluating the property market and area to set a fair rental price. Our evaluations consider the landlords and the tenants to ensure tenants are getting a rent that matches the quality of the property, while landlords still receive a generous income.
Lastly, we effectively screen tenants to identify quality candidates who responsibly govern the property and pay rent on time. Overall, reducing eviction numbers and accruing costs.
With our skilled marketing team, property market expertise, and effective tenant screening measures, vacancy periods will be shortened by 90%, helping you avoid depreciation periods.
Tenants’ Expectations are Managed and Met
Our day-to-day involvement with the property allows us to establish tenant relationships to ensure we meet their needs and expectations.
Research shows that 88% of tenants agree that the quality of property management determines their decision to renew their lease. That’s why we prioritize our tents’ needs by guaranteeing that the property is fully habitable and functioning, so tenants are satisfied under our management. We limit the risk of emergency repair requests through our consistent maintenance, avoiding losses.
Our property management services ensure that tenants are heard and catered to. After all, a tenant who feels listened to is a happy tenant!
Access to Reliable Vendors
When it comes to operating property, it’s crucial to have a team of reliable vendors, such as electricians, plumbers, contractors, painters, and cleaning professionals, to attend to property needs.
Luckily we have an entire team of professional vendors ready to attend to our requests.
Property Managers Achieving Your Business Goals
While we manage your property effectively, we’re also mindful of your needs and goals as a business owner. We’ll help you strategize what properties to purchase and market to prospective tenants if you want to grow your business. Or if your goal is to sell your rental property, we’ll help you look at your profitability holistically and oversee any capital improvements or renovations you may need.