Too Busy to Be a Landlord?
Professional Landlord
Services Toronto
The Marco Property Management team is proud to provide a wide range of landlord services to property owners looking to maximize their investment but minimize the stress and daily responsibilities of managing their rental property. From finding and screening tenants to handling all maintenance and repair needs, we handle all aspects of renting out a property.
We Treat Every Property Like Our Own
Filling in The Role of Landlord For Landlords
For over 20+ years, we’ve been dedicated to helping property owners in Toronto succeed by providing various landlord services. While we don’t own the property ourselves, we do treat it as though it were our own so you can be brought peace of mind knowing that your property is in good hands whether you’re near or far. By outsourcing the day-to-day responsibilities of property management to our reliable and experienced company, we can save you time, money and stress while ensuring your property is well-maintained and profitable.
We Provide a Wide Range of Landlord Services in Toronto
Our goal is to ensure both the property owner and the tenant have a
stress-free rental experience by providing an array of landlord services.
Marketing For Vacancies
One of our key responsibilities is helping landlords fill vacancies. Our professional marketing team has a deep understanding of the Toronto market and how to attract and retain certain demographics, and will create eye-catching listings for vacant units by partnering with professional photographers and interior designers. They’ll write compelling descriptions and highlight its key features and amenities, as well as set an attractive rental price based on market research. We host property tours to allow prospective tenants to view the property in person and make an informed decision. Afterwards, we can conduct thorough screening processes.
Tenant Screening & Interaction
One of the key responsibilities that our team oversees is tenant screening. This process involves evaluating prospective tenants to determine if they are reliable and responsible. This will involve reviewing rental applications, conducting background checks, verifying income and employment, checking references and assessing credit scores. We’ll carefully review each applicant to determine if they meet the specific criteria set by you, the property owner. Once the tenant is approved, we’ll act as the mediator between you and the tenant throughout the lease term such as collecting rent and security deposits, addressing maintenance requests, enforcing lease terms, and addressing any other issues.
Maintenance & Repairs
We manage the property on your behalf by providing 24/7 maintenance services to ensure your property is well-maintained, safe and attractive. We’ll conduct regular inspections of the property to identify any maintenance issues that need to be addressed such as leaks, electrical problems, HVAC issues, etc. Next, we’ll work with you to determine a budget and prioritize maintenance and repair projects based on urgency and impact on the property. We have a close-knit relationship with qualified and trusted contractors who offer the best prices. We’ll coordinate services, schedule appointments and oversee the work to ensure it’s completed according to the agreed-upon terms and timelines while keeping everyone involved informed about upcoming maintenance work and possible disruptions. We’ll also keep detailed records of all repair work, invoices and receipts.
Financial Management
We can help create and manage budgets, collect rent, pay other bills and ensure all financial transactions are accurately recorded and reported. We’re also experts in analyzing the property to ensure it’s operating efficiently and effectively and can provide expert advice regarding recommendations on how to improve the property’s financial performance overall. We’re responsible for maximizing the revenue for your property, therefore, we can also provide you with advice on rental rates at competitive prices, negotiating leases with new tenants, and implementing strategies to attract and retain tenants. We’re well-versed in Toronto’s real estate market and can help property owners identify opportunities for increasing revenue.
Legal Compliance
We ensure that all properties comply with relevant laws and regulations. We’re well-versed in property laws and regulations and closely monitor any changes in legislation that may impact the property and your ownership. Our team can also draft and enforce lease agreements, collect and manage security deposits, handle evictions on your behalf, maintain your property in compliance with building codes, and act as a mediator during any legal disputes.
Guiding You Through the Complexities of Landlord-Tenant Laws
If you’re a first-time property owner, understanding all of the laws and regulations may seem daunting. We’re experienced property owners ourselves with over 20+ years in the property management industry, therefore, we have a deep understanding of the complex laws and regulations that govern the rental industry. We stay up-to-date on the ever-changing legal landscape so we can advise or offer guidance on fair housing laws, lease agreements, eviction procedures, and maintenance requirements. We can also navigate the legal system in the event of a dispute with a tenant and ensure your rights are upheld.
Contact Us Today to Discuss Landlord Services
Investing in our landlord services means you’re investing in a profitable rental business. Save yourself time, money and stress by utilizing our professional landlord services in Toronto. We handle all aspects of managing your rental property – from screening and other tenant interactions to handling maintenance and repairs and marketing for vacancies. Contact our team today to discuss your needs and goals. We look forward to helping you achieve your short-term or long-term goals.