Landlord Services
As a landlord, managing your properties can be time-consuming and stressful. At LIFEPLUS Property Management, we offer a comprehensive suite of services to make your life easier. From tenant screening and rent collection to property maintenance and more, we handle all the details so you don’t have to. With our help, you can enjoy hassle-free property management and maximize your investment returns. Contact us today to learn more about our landlord services and how we can help you achieve your real estate goals.
Property Management
Online portal access
Landlords can view and manage their rental properties in one convenient place. This portal allows to track rental income, view lease agreements, monitor maintenance & repair bills, and access important documents.
Rent collections and handling deposit
Managing the collection of rent from tenants, ensuring that it is collected and payout to landlords on time. We also handle security deposits, ensuring compliance with local laws and regulations.
Property maintenance and repair
Our team coordinates and oversees property maintenance and repairs. We have a network of reliable contractors and vendors who can promptly address maintenance issues at a reasonable cost, ensuring that the property is well-maintained.
Coordinate move-in and move-out procedures
Handling the logistics of move-in and move-out procedures for tenants. This includes coordinating maintenance cleaning, key handover, conducting visual inspections, and ensuring a smooth transition for both tenants and landlords.
Utilities company and municipal matters
Managing landlord’s utility account between tenants. We also handle municipal matters, such as water/garbage bill and compliance with local regulations as requested.
Other Services
PDI and Tarion Warranty follow-up for new home
Legal services / Collections agency arrangements
Home owner’s insurance
Tenant relations and conflict resolution
Handling tenant inquiries, requests, and complaints. We work to promptly address and resolve any issues that arise during a tenancy, maintaining positive tenant relations.
Reports and records
Generating financial owner statements that provide a clear overview of income and expenses related to the property. Our team also prepare inspection reports detailing the condition of the property before and after tenancies with photos. All the records are kept for 5 years.
Residential Tenancies Act compliance
Our team ensures that all aspects of property management comply with the relevant Residential Tenancies Act or local regulations. This includes lease agreements, termination, rent increase, eviction processes, and other legal obligations.
Emergency services
In the event of emergencies, such as property damage or accidents, the team acts as a liaison between tenants, owners, and insurance companies. They assist in the claims process and coordinate necessary repairs and restoration.
Non-resident withholding tax matters
If the owner is a non-resident, We ensure compliance with any applicable non-resident withholding tax requirements, and provide guidance on tax obligations and assist in fulfilling the necessary obligations.
Leasing Services
Choose our team for a comprehensive and professional approach to renting your property. With our expertise, market knowledge, and commitment to exceptional service, we will help you navigate the leasing landscape with confidence.
Rent value assessments for listing
Our team of experienced professionals will conduct a detailed analysis of the local rental market. We take into account various factors such as location, size, amenities, and current market demand to determine the optimal rental value for your property.
Showing Arrangements
Arranging key for showing and communicate with an existing tenant to cooperate showings.
Marketing & Advertising
Our marketing strategy is designed to maximize exposure and generate interest in your property. We leverage the power of MLS and other leading rental websites to ensure broad visibility. Additionally, we tap into the reach of social media platforms to expand our promotional efforts.
Lease documents
Prepare a lease agreement and a Residential Tenancy Agreement that complies with the Residential Tenancies Act and includes all necessary provisions and disclosures, such as the rent amount, lease term, late payment fees, maintenance responsibilities, and termination procedures. Both parties review and execute the agreement.
Collect proof of utilities and tenant’s insurance
We ensure that tenants provide proof of setting up utility accounts in their name as well as valid tenant’s insurance to safeguard their belongings and liability.
Property handover
PDI and Tarion Warranty follow-up for new home
Legal services / Collections agency arrangements
Home owner’s insurance
Preparing property for showing
First impressions matter, and that’s why we go above and beyond to prepare your property for showings. Our experts will assess the condition of your property and recommend any necessary repairs or improvements to enhance its appeal.
Professional photos
Capturing the essence of your property is crucial in today’s digital age. Our professional photographers specialize in real estate photography and will expertly capture high-quality images that highlight your property’s best features. These stunning visuals will be prominently displayed on our website, MLS, and other popular rental platforms to attract the attention of potential tenants.
Tenant screening & Selection
Finding the right tenant is crucial for a successful and stress-free leasing experience. We employ a comprehensive screening process that includes background checks, credit history analysis, employment verification, and rental references.
Collect tenant information
Obtain necessary information from the tenant, such as their full legal name on ID, contact information, employment details, and emergency contacts. Use this information for record-keeping, communication, and future reference.
Collect deposits & arrange monthly rent payment
We collect the required security deposit as specified by law and ensure its proper handling and storage. Additionally, we facilitate convenient monthly rent payments through online payment platforms. Our transparent process ensures a seamless and efficient rental experience for both landlords and tenants.
Selling & Buying
For Sellers
Pricing and Marketing
We help sellers determine an appropriate listing price for their property based on market conditions, comparable sales, and other factors. We create a comprehensive marketing plan to attract potential buyers, which include online listings, professional photography & video, virtual tours, home staging, open houses, and advertising.
Listing and Negotiation
Your property will be listed on multiple listing services (MLS) and other platforms to expose it to a wide range of potential buyers. We handle inquiries, schedule and negotiate with interested buyers on behalf of the seller to secure the best possible price and terms.
Property Preparation
Our expertise provides advice on how to prepare the property for sale to maximize its appeal to buyers. We provide a complimentary staging service including suggesting repairs, and decluttering strategies to enhance the overall presentation and increase the chances of a successful sale.
Documentation and Closing
We assist sellers in preparing and reviewing the necessary legal documents, and coordinate with other parties involved in the transaction, such as attorneys, lenders, and home inspectors, to ensure a smooth closing process.
For Buyers
Understanding buyer’s needs as an investor
starting by understanding the buyer’s preferences, requirements, and budget. They will discuss factors such as location, property type, size, amenities, and other specific needs to help narrow down the search criteria.
Property viewings
The buyer agent arranges and accompanies the buyer on property viewings, providing valuable insights and answering questions about each property. They may point out advantages, drawbacks, and potential concerns to help the buyer make an informed decision.
Negotiation
One of the most critical roles of a buyer agent is to negotiate on behalf of the buyer. They use their knowledge of the market, current conditions, and the buyer’s priorities to negotiate the best possible terms and price with the seller or seller’s agent.
Contract review
Before the buyer signs a purchase agreement, the buyer agent reviews the contract thoroughly, explaining the terms and conditions to the buyer and ensuring their interests are protected.
Property search
Based on the buyer’s requirements, the buyer agent conducts a thorough search of available properties on the market. They use their knowledge of the local real estate market, access to multiple listing services (MLS), and other resources to identify properties that match the buyer’s criteria.
Comparative market analysis
When the buyer expresses interest in a property, the buyer agent conducts a comparative market analysis (CMA). This analysis involves assessing the property’s value by comparing it to similar properties in the area. The buyer agent shares this information with the buyer to guide them in determining an appropriate offer price.
Due diligence and inspections
The buyer agent helps coordinate necessary inspections, such as home inspections, pest inspections, and others, to ensure the property is in good condition. They review inspection reports and guide the buyer on how to address any concerns that arise.
Closing process
The buyer agent assists the buyer in navigating the closing process, working closely with the buyer’s attorney, lender, and other parties involved. They ensure that all necessary documents are in order and help resolve any issues that may arise.