Ottawa Rental Property Managers
Renting out a property entails more than simply cashing a cheque. There are a lot of responsibilities that come with being a landlord, from selecting your tenants to arranging repairs. It can be a very time-consuming endeavor. If you want to spend less time on managing your rental properties or are looking for somebody with more experience to help you out, you may want to look towards working with rental management agencies. Whether you are looking to rent out your cottage, a condo, or a detached home –the rental property managers at E&S Property Management can take care of your rental properties for you.
Why Work With A Rental Management Company Ottawa?
There is a number of reasons to take advantage of rental management services. We can take care of:
Accounting: We take care of all financial aspects that come with rental management. From rent collection to preparing monthly financial statements of the property: we take care of the financial side of your rental property.
Maintenance: Keeping your property in top condition and protecting its value is a pillar of rental management services. Regular inspections and arranging repairs, as well as making recommendations for upgrades to your property not only help keeping it in top condition but also increase its value.
Communication: Our rental property managers will remain in contact with you regarding your properties. Generally speaking, you hear from your rental property managers, the smoother your property operates. However, you can be as hands-on or hands-off as you want. Simply work out the communication with your property manager.
Service: While a rental management company will take care of the day-to-day management of your properties and can make recommendations, it is still merely a service provider. At the end of the day, the person in charge of your property is still you.
Vacancies: Finding a new tenant can be a challenging process. The longer your property sits empty, the more money it costs. Our experienced rental property managers can not only provide you with reliable tenant screening services during the application process. They also have the experience and connections to reduce vacancy times. Additionally, they are well-versed in all legal matters, so they know how to proceed in case of an eviction.
Marketing: It is important to list your properties as soon as they become available. Knowing where and when to list, maintaining those listings, and responding to inquiries is time-consuming. As one of Ottawa’s premier rental management agencies, we can take all of that off your plate.
The Experience Advantage Ottawa Rental Property Managers
Not only can hiring a rental management company save you a lot of time. You also benefit from the experience of our rental property managers. All our property managers are licensed and have extensive knowledge of the legal framework and the Residential Tenancy Act. They also have a list of contractors for reference in case repairs are needed. Additionally, they have the resources and knowledge in knowing how to pick the best tenants and keep rental vacancies as short as possible.
Ottawa‘s Rental Property Management Experts
Professional property management is critical for those looking to maintain and enhance the value of their real estate investments. This comprehensive service not only ensures that your property is effectively marketed and consistently occupied, but it also provides expert maintenance and oversight to maintain the structural integrity of your investment. A property management firm can assist in curating a tenant database, collecting rent, and ensuring compliance with all necessary regulations. Overall, professional property management reduces stress, saves time, and increases profits for property owners. With the right team on your side, you can rest easy knowing that your investment is being well taken care of.
What are my options when it comes to rental property management in Ottawa?
When it comes to rental property management in Ottawa, there are many options available. Whether you’re looking for a full-service property management company or just someone to help with the maintenance, Ottawa has an array of reliable and experienced professionals to choose from.
At its core, rental property management is about providing tenants with a safe and comfortable environment, while also helping landlords maximize their rental income and minimize the time they spend on dealing with property-related issues. Property management companies are knowledgeable in the field of real estate and understand how to navigate the various legal, regulatory and financial aspects associated with renting out a property.
Property managers in Ottawa can provide a variety of services such as tenant screening, rental agreements, collecting rent payments and managing security deposits. They can also assist in maintaining the property, taking care of any repairs or maintenance issues that may arise. Additionally, they are knowledgeable about local laws and regulations relating to landlords and tenants so they can ensure everything is done legally and ethically.
If you’re looking for rental property management in Ottawa, there are many options available to choose from. Make sure to do your research and select a reputable company that will meet all of your needs and provide the best possible experience for you and your tenants. With the right team on board, rental property management can be hassle-free and highly rewarding!
Looking for rental property management in Ottawa? Contact us today and let us help you find the perfect solution to meet your needs. With our expertise, we will make sure all aspects of your rental property are cared for, managed with integrity and professionalism, so that you can enjoy a stress-free life as a landlord!
How will a residential property management Ottawa company deal with my Ottawa property differently than a property management company based outside of Ottawa?
When considering a residential property management Ottawa company, there are key differences to look for in comparison with a property management firm located elsewhere. A local Ottawa-based property manager will have an understanding of the market conditions and trends both inside and outside of the city; this knowledge can be invaluable when deciding on rental rates, leases and other considerations related to managing a property. Additionally, they often have a network of contacts in the local real estate industry that can help in connecting tenants and owners or providing access to industry-specific resources. In terms of maintenance and repair needs, an Ottawa-based property management company is more likely to have established relationships with reliable tradespeople who are familiar with the area. This means they can quickly and efficiently address any issues that arise in a timely manner. Lastly, but perhaps most importantly, an Ottawa-based property management firm will be able to provide personalized service to clients that is tailored to their individual needs. They understand the local laws, regulations and customs and are more likely to be up-to-date on changes in the market that could impact their clients. All of these factors can lead to a more successful management experience and great results for landlords. Investing in a residential property management Ottawa company is the best way to ensure that your Ottawa property is getting the attention it needs.
Rental Property Management FAQ's
What Are The Benefits Of Hiring A Rental Management Company?
Your biggest advantage can be summed up in one word: experience. We have the experience and knowledge to manage your rental properties effectively. From providing tenant services to listing your rental properties in the Ottawa market. We make sure that your properties are managed efficiently and professionally.
What Aspects Of Rental Property Management Ottawa Can You Do?
We provide full rental management services. Whether it is tenant liaison, property maintenance, accounting, or marketing: we have you covered. Our goal is to take as much off your plate as possible so you can spend more time on more important things, such as your family and career.
How Do I Choose The Right Rental Management Company?
Think about how you would choose any contractor. You start by researching for businesses in your area. You look at their online reviews and websites. You make a shortlist of the candidates you feel most confident about. You contact those candidates and explain what you are looking for. Based on their responses and prices, you go with whoever suits your needs best.
The same process applies to rental management agencies. (A few quick tips. Make sure to ask about the current rental market and the area your property is located in. A good rental property management Ottawaexpert should be able to roughly place your property on the market based on that information.)
How Involved Do I Need To Be In The Daily Rental Management?
In short: as much as you want to be. Generally speaking, rental property managers will be in touch with you more often at the beginning of your relationship. Once the foundation of the working relationship has been established and things begin to run smoothly, communication usually slows down (which is a good sign). However, you can reach out to your property manager as often as you would like and be as involved in your rental property management Ottawa as you would like to be.
What About Short-Term Rentals?
We handle all kinds of rentals, whether short or long-term. While we generally prefer to handle (and recommend) long-term rentals, we work around your requirements. In the end, we provide a service for you. If you are looking for short-term rentals, then we can accommodate that as well.
Cannot find the answer to your question? Please do not hesitate to Contact Us Directly. One of our experts will get back to you as soon as possible.
Monthly drive by inspections of occupied properties.
Two weekly inspections during the heating season and one weekly inspection during the summer for vacant properties.
Monthly financial statements of the property.
Preparation of Annual Financial Statements.
Bi-annual check of smoke and carbon monoxide sensors.
Vetting of potential tenants, including credit checks and references.
Preparation of lease agreements and the collections of rent.
Collection and payment of withholding tax for Non Resident Canadian landlords.
Semi-annual inspections to ensure all household systems are functioning properly.
Liaison with the condominium association regarding landlord concerns.
Representing the landlord of the Landlord Tenant Board in disputes with the tenant.
You should do your due diligence before hiring a company for your Ottawa property management needs, including reviews from other clients. We decided to help you a little in that process and compiled a few testimonials below.
E&S managed my property for the three years that I was away from Ottawa. They took very good care of my home and I would certainly use them again if/when I move away. Highly recommend.
As tenants renting from E & S Management and landlords of our own home rented out west we can appreciate the great job that E&S did as a rental management company. They promptly responded to any of our concerns or issues, usually responding to emails within the hour. As people renting out our own house we appreciated that they took good care of the rental house.
Since I chose E&S to manage my apartment, I couldn’t be better represented. I live abroad most of the time and know that I’ll receive regular updates about the tenants, their expectations, what can be improved or fixed. E&S is the perfect intermediary between a landlord and his tenants and deals with all the responsibilites of both parties in a very professional way.
Sad to loose this company as the property managers. They have been great to deal with always there for our needs! We were going to sign another lease but depending who the management company is we might be asking E&S to see what else they have in their portfolio.
To quote Joni Mitchell. ” You don’t know what you’ve got until it’s gone. ” It was our first time being with an agency. All problems were resolved as quickly as possible. We have since had to rent a new place from a different agency and are really surprised at how poor the property management is. This proves that not all property management companies are as good as e and s.