Rental Property Management Tips

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Presentation Transcript

  • 1.PROPERTY MANAGEMENT VANCOUVER Rental Property Management Tips
  • 2.Provide Secure Premises: 01 Installation of security cameras, proper lighting, secure grills and fences are the order for the day. A study of the neighborhood as to how others residents have equipped themselves are good pointers.
  • 3.Screen Tenants: 02 Often we let out properties on face value but it is advisable to run background checks or speak to the prospect tenant references or previous landlords before giving one’s property on rent.
  • 4.Documentation: 03 All communications with the tenants should be documented including responsibilities and timelines. A good rental lease agreement comes handy which should signed and registered at the local authorities.
  • 5.Handling Deposits:  04 A system should be established between the landlord and the tenant for receiving deposits by way of cash or bank deposits or a mix of both. 
  • 6.Make Repairs: 05 In case the property requires repairs because of natural reasons and that of wear and tear, the landlord should take responsibility and get the service team in place required to correct the repairs, timely. 
  • 7.Thanks! Do you have any questions? https://bolldpm.com/  855-266-8588 info@bolld.ca Source: https://www.myfollo.com/blog/rental-property-management-tips/