Congratulations, you’ve finally secured your very first property (perhaps, it’s even your second one or maybe your third)!! This is clearly a great feat, one worth celebrating!! You’re excited to get it ready and list it for your first short-let guest—and you do!! You’re committed to ensuring that your guests enjoy their stay on your property, and you follow through on that by making sure that everything is in order and there are back-up plans for any possible mishaps. Things are great, and you’re overjoyed anytime you get a good review, which is a testament of your hard work and commitment.
Now what?
Then things start to get a little bit more challenging than you expected: an issue in the neighbouring unit has affected yours but it’s taking forever to be resolved; you tried DIY-ing the plumbing but, somehow, it’s a lot more complicated this time than the other times you’ve winged it before; you’re in urgent need of a lawn trim but you keep getting unreasonably high quotes from every contractor you reach out to.
Multiple issues just start pouring in and, while you try to handle them as best as you can with all free time you can squeeze between your family and job, it’s becoming increasingly difficult to keep doing so and this has started to take a toll on you both mentally and physically. You’re beginning to wonder if all the details of managing your property can not simply be handled by someone else who is excellent at it—someone who could sort out every crisis faster, more efficiently and, more importantly, with the least amount of stress for you. And you’re right, this is possible!
This is where we come in!
Cue a professional property management firm with all the right staff and a comprehensive contact list of experienced, reliable and affordable contractors in the area to help make your life as a property owner a lot easier than it currently is. What exactly would a firm like that be doing, you ask? Well, let’s get into it!
Property management is the
-
- general oversight,
- operation and
- maintenance
of a commercial, residential or land property at a fee, which basically involves doing everything you would be doing as a landlord on your behalf, so that you don’t have to!
This would entail ensuring the smooth and efficient running of your property by handling all day-to-day operations like maintenance and repairs, guaranteeing that you’re in compliance with the property/housing laws and regulations under whose jurisdiction your property falls, managing your budget for your property and keeping expenses reasonably low to prevent cost overruns, and dealing with tenant-related matters such as tenant-screening, coordinating move-ins and move-outs, resolving complaints and enforcing the terms of your lease arrangement, amongst many other things.
Yes, there’s lots to think about after purchasing that dream home or investment, unfortunately.
And this is what we aim to provide you with through our services here at Apt & Cove. Again, you may ask, “Why should I choose or even bother considering you at all?” Apt & Cove is special because, in addition to our primary focus as property managers, we share a lot of our clients’ unique concerns, with our founders being property owners themselves who have experienced the highs and lows of navigating the real estate scene. We’re looking to grow our family of homeowners and investors who breathe easier at night with the knowledge that their properties are in the good hands of people who would take care of them like they were their very own. If this sounds like your future self, get in touch, we look forward to welcoming you home!
