Having a reliable and trustworthy property manager such as the Axon Property Management team is an important asset for any landlord. This is whether you have commercial or residential rental properties. For a property owner, the cost of hiring a property manager is well worth the service you get. Reputable property management companies will help you to achieve the goals of your investment and fill your rentals with vetted tenants.
They will also ensure that the property remains as functional and attractive as possible through regular maintenance and repairs.
At Axon Property Management, we strive to keep both the landlord and tenants happy at all times.
Property Management Companies Functions
Here are some of the important functions served by property management services.
1. Provide Financial Services on Behalf of the Landlord
The main job of a property management company is to help landlords achieve the financial goals of their property investments. The property manager, therefore, provides a wide range of financial services including the following:
At Axon Property Management, we provide the property owner with financial accounting services. This includes financial statements that help landlords to have a deep insight into the performance of their buildings and other real estate investments.
Besides monitoring the financial status and overall performance of the property, the property manager also helps to project the property’s income and expenses. This helps to come up with a budget that best meets the owner’s goals.
The reports generated by the property managers will suit each landlord’s needs.
The property manager is also charged with the important responsibility of setting up a timely and effective system of collecting rent.
He/she sets an appropriate rent collection date to ensure that all expenses the building incurs every month are paid on time.
The property manager also provides notice and eviction services to non-paying or uncooperative tenants.
2. Tenant Screening Services
A property manager also handles the critical service of screening, onboarding, and managing tenants. It is his or her duty to look for and screen prospective tenants. This is to ensure the building is filled with the right type of tenants.
The property manager manages all the complaints from tenants while ensuring that the property is properly maintained at all times.
The goal is to provide the best landlord-tenant relationship in every property the company manages.
3. Property Maintenance
The landlord is technically and legally responsible for the building’s repairs and maintenance, but this is a job best delegated to property managers.
The property managers handle all the regular repairs and maintenance tasks. This is to ensure that the building is up to the required standards at all times.
Your Reliable Property Manager in Kingston Ontario
Axon Property Management provides full-service property management to owners of residential properties in Kingston Ontario and surrounding areas.
We provide a wide range of services including leasing and renewal services and repair and maintenance coordination. You will also get 24/7 emergency maintenance and repairs, monthly income and expense accounting, property inspections, debit rent collection, and many more.
Contact us today to learn more about our property management services in Kingston Ontario!