At this point in the year, it’s likely that you’ve prepared your property or even multiple properties for the winter. As seasoned property managers know, taking preventative measures doesn’t stop when the first snow hits. Regardless of how much time and effort you put into keeping your property in good condition throughout the milder season, there’s always more to do to protect it in the cold months.
At this point in the year, it’s likely that you’ve prepared your property or even multiple properties for the winter. As seasoned property managers know, taking preventative measures doesn’t stop when the first snow hits. Regardless of how much time and effort you put into keeping your property in good condition throughout the milder season, there’s always more to do to protect it in the cold months.
In January 2020, the World Health Organization (WHO) declared the outbreak of a new disease (COVID-19) in Hubei Province, China. Since then, the virus has spread to other countries around the world. According to WHO, following these five steps will greatly reduce the chances of contracting and/or spreading the virus, and keeping you as healthy as possible
A famous person once said “The biggest communication problem is we don’t listen to understand, we listen to reply.”
Be Clear.
Be Concise
Be Consistent
Getting clear, timely content in front of your audience on a regular basis is important. Being consistent is the key to keeping your audience engaged. Communicating a few times a year is the fastest way to losing your audience.
Get your message out with the rule of 20. If you can’t read the message in under twenty seconds, you have lost your audience.
Central Erin harnesses several communication platforms to ensure we are hitting the mark.
Monthly newsletters with a calendar of events that span the entire year are made available in printed format, available on-line through corporation specific web sites, and emailed to all owners and residents.
Our secure web-portal provides owners with relevant information and documents such as By-laws, Declaration and Rules, with an intuitive search engine that allows historical searching to occur seamlessly.
Lastly, our Virtual Concierge is an interactive touch screen system that provides building events and real-time RSS feeds for building emergencies. Booking of rooms, amenities, key fobs, etc., is available in real-time. This system is virtual so owners and residents can benefit from all of its features from anywhere there is an internet connection.
Communication redefined.
https://youtu.be/ZxahHvkQjFo
At this point in the year, it’s likely that you’ve prepared your property or even multiple properties for the winter. As seasoned property managers know, taking preventative measures doesn’t stop when the first snow hits. Regardless of how much time and effort you put into keeping your property in good condition throughout the milder season, there’s always more to do to protect it in the cold months.
At this point in the year, it’s likely that you’ve prepared your property or even multiple properties for the winter. As seasoned property managers know, taking preventative measures doesn’t stop when the first snow hits. Regardless of how much time and effort you put into keeping your property in good condition throughout the milder season, there’s always more to do to protect it in the cold months.
Fire safety is a concern for everyone, especially landlords and property managers. According to Statistics Canada, more than 100 Canadians die every year, on average, from fires in their homes. Of course, you can be held responsible if your property doesn’t have proper fire safety features. In 2018, two Ontario landlords were charged after one tenant died during a fire on their property. The property didn’t have smoke alarms, fire extinguishers or carbon monoxide detectors.
You may see college rentals as a gamble. Yes, college students aren’t known for taking care of a property. But, there are ways to limit the risk of damage to your property and access the benefits of student housing. Here’s what you should consider before you start advertising your property to students.
If you’re looking for a property management company, you’ll likely want to choose a successful one. A strong company will help you get the most value out of your property, keep it well-maintained and make your life as a property owner much easier. But, how do you know that the property management company you’re considering is successful? Look for these signs:
While, as the owner of your building, you surely have insurance for your property, do you know many of your tenants have insurance on their possessions? Some tenants believe that your insurance will cover their belongings in the event of a fire, flood, or theft. It’s wise to educate your tenants about rental insurance and how it can protect them, not only because it helps them stay secure, but it can avoid some headaches for you as well.
Regularly considering how to make the most income from your properties will keep your investments healthy and growing. Landlords are always looking for new solutions to either cut their costs or provide more value to their tenants (and thus, charge them more). At Central Erin Property Management, our experience has taught us that there are a few great ways to increase property income over time.
Holding onto great tenants is a must for successful property owners. Improving tenant retention saves you the hassle of looking for another tenant, reduces the costs of having a vacancy, and eliminates the costs of marketing your unit. Plus, if you have a tenant who communicates well and cares for the property, it can go a long way to keeping your investment in good shape. It’s well worth your time to figure out how to keep these quality tenants.
Almost half of condo owners feel that they don’t have enough communication from their condo board, according to Condo Information. How can you improve your relationship with your condo board to clear up miscommunication about fees, repairs, reserve funds, maintenance, noise, and other critical building issues? Here are a few things you can do:
At Central Erin Property Management we have a lot of experience choosing tenants. Whether you’ve never selected a tenant before, or have filled more apartments than you can count, there’s always room to refine the process and make better judgments. After all, choosing a tenant is a critical skill. Picking a stable, financially secure person will ensure your property remains full and safe for the term of the lease. Here are our tips on how you can choose your next tenant with confidence.
The new year isn’t just a time to reflect on your personal goals and achievements, but also a time to look into how your business and properties are doing. Developing a plan to meet your rental property goals is the best way to set yourself up for success. But, what should your goals be? And how can you ensure that you follow through with them?
