The duties and responsibilities of any property management company you hire will depend on your customized agreement. Generally speaking, however, property management companies and their teams of staff are responsible for the following:

• Maintaining cash flow budgets and bookkeeping
• Collecting rent and sending out late notices as needed
• Communicating with tenants about ongoing maintenance or tenant issues
• Filling vacancies with new tenants
• Signing and renewing leases
• Scheduling regular property repairs, maintenance, and inspections
• Coordinating services such as cleaning
• Overseeing the financial success of the investment properties

When you begin your search for the perfect property management team, make a list of the duties you are looking to have fulfilled. This will help you choose the best management company near you to get the job done right.

Property management companies typically charge a percentage of your monthly or annual rent for their services. Often, there will be some hidden or additional fees for specific services rendered, but many property managers and management companies do not readily disclose these fees. As one of the best value property management company options in Toronto, we are proud to offer competitive rates and no hidden fees. We charge 6% of the rent as our monthly management fee, with a maximum cap of $190 for condos and $230 for houses. We have no minimum fee requirement. Most of our comprehensive services are included in that price, but we do have an additional fee for our seasonal inspections and tenant placement as applicable. To compare our fees to the top rental property management competitors in the area, check out more detailed information here.

From collecting rent to paying bills to finding the right tenants, there are many advantages to bringing in a top property management company like ours. You will:

• Make more money by setting the most competitive rental rates with the company’s guidance
• Have more time for the parts of rental investment you enjoy; they handle the rest
• Find better tenants with their expertise
• Advertise and market your properties more efficiently
• Stay in compliance with all local laws and regulation
• Better maintain properties
• Maximize the value of your time and investment

What is it about a full-service real estate property management company that may be more attractive than a standard property manager? When working with a property manager, you are typically working with one individual. This individual likely has a list of contractors and tradespeople they work with, but they are largely handling the influx of work themselves with their self-created systems. By contrast, when working with a property management company, you have access to not only a team of individuals with specialty focuses, but also access to the systems they have created for owners like you. Each team within the company handles specific issues, and this brings additional experience and expertise into the picture. Management companies also offer a higher degree of accountability, availability, and accreditation than you are unlikely to find with an individual property manager. Full-service companies have more to offer every step of the way and a full team of staff on hand when you want the most comprehensive and efficient service around.

When considering our all-inclusive property management services, you’re likely curious about what is included. Our residential management services include:

• Asset management and cash flow monitoring
• Bookkeeping with monthly and yearly detailed statements
• Rent collection
• Paying applicable fees (i.e., condo fees, property taxes)
• Job management and billing for maintenance, repairs, and services
• Resolving tenant disputes
• Communicating with tenants
• Coordinating maintenance and seasonal inspections
• Communication with building associations
• Move-in and move-out inspections
• Year-round, 24/7 emergency call services

Choosing the right tenants is a crucial part of your success as a real estate investor. Tenants who treat your property with respect and follow the rules are key, but how can our property management team help you find those tenants? With our rental services, we’ll use our experience, processes and systems, to screen, and select tenants who will be great fit for your rentals. Our rental services here at Buttonwood include:

• Customizing our strategy to suit your needs
• Prepping the property for rental
• Checking rental value and adjusting rental rates as necessary
• Advertising
• Handling inquiries and showings
• Screening tenants
• Choosing tenants
• Creating and executing lease agreements
• Customizing our strategy to suit your needs

As a full-service rental investment company, we can help you sell your investment property! Selling a tenanted property, or one that is optimized for rentals is not always going to be easy with a traditional real estate agent relationship. We’ve learned as much through our own experiences and created a start-to-finish sales process. Our management of the finer details and affiliation with experienced agents at iPro Realty Ltd. make it possible for us to help you sell your investment property for top dollar with ease.

In addition to our property management services, we have a comprehensive list of property features to look for when choosing an investment project. In particular, we look at these 12 factors:

• Location
• Size
• Layout
• View
• School district
• Condition
• Facilities & amenities
• Demographics maturity
• Safety
• Walk score
• Proximity to conveniences
• Proximity to the city

With our expertise in examining these 12 factors, we work with you throughout every step of the process, to help ensure you have a solid offer and to coordinate the details for a successful closing.

Our commitment to transparency is evident in our day-to-day activities: Accessibility to Portfolio Records: Owners can access their portfolio folder at any time, 24 hours a day 7 days a week. Copies of invoices paid, management agreements, inspection reports, leases, monthly and year-end statements and any documents pertaining to their real estate portfolio will be easily accessed online by simply logging into their account. Simple Fee Structure: Our fees are clearly laid out on our website, so you know up front what your cost is and what services you will receive in return — no gimmicks and no hidden fees. Value Proposition: Our ongoing offer to waive our portion of the tenant placement fee has been and continues to be a great success. We stand by our promise that we are in this for the long haul. Excellence and the Pursuit of Continuous Improvement: Our highly qualified team understands that we are in a people’s business and provide customer service that is second to none. We are focused on long-term relationships, repeat business, and growth rather than an immediate quick deal and commission.  We are always looking for investors who share that belief and value system and are committed to building real estate wealth with you over time.

Are you ready to start saving time and make more money from your rental properties? If so, sign up to get a free quote from Buttonwood today. Or call us directly at (416) 835-7191. We’ll be happy to begin the conversation as soon as possible