Property Management Services
613 Property Management offers a complete range of services that cater to the needs of real estate investors of all sizes. Whether your portfolio consists of 1 property or 100, we can help you manage the daily operations from start to finish. Our range of services is not unique to us but our commitment to executing on them is.
New Tenant Acquisition Services
- Advertise coming vacancies
- Hold unit showings
- Process applications
- Perform credit history checks
- Initiate move-in / move-out inspections
- Implement lease agreements
We understand that missing monthly rent due to vacancy compromises the annual return. Our property managers work hard to minimize vacancy rates and ensure that prospective tenants are screened properly to avoid short term tenants, tenants that are apt to damage the property, and tenants that are prone to missing rental payments. We want GOOD tenants, not just signatures on a lease.
Monthly Services
- Rental Collections
- Pay regular utility or condo services (hydro, gas, condo fees, etc)
- Distribute funds to owners
- Prepare financial statements
Although this is arguably the simplest part of our job, our ability to do this well alleviates many accounting headaches for our clients. By taking care of all of the monthly obligations (other than mortgages and property taxes) that our clients have with their investment properties, we allow them to better assess their cash flow position on a monthly basis. Providing timely, accurate, and easy-to-understand financial reports also improves our clients’ understanding of their financial position and minimize their cost when it comes to annual accounting fees.
As Needed Services
- Hire and supervise needed repairs
- Check in on the state of the properties
- Confirm functioning smoke/CO detectors
- Replace failing appliances
- Initiate and oversee eviction process
- Attend tribunals
Contact Us for Rental Collections in Ottawa
Whatever comes up with your investment property, be it expected or unexpected, we will take care of that situation on your behalf. We will consult with you to determine the best way of proceeding and then oversee the plan’s execution on your behalf. We will keep you informed of any larger developments as they occur.