Our Residential Property Management Services
City Select Property Management's goal is to protect your investment, while saving you time, effort and money. We will maximize your cash flow, minimize your tenant vacancy period and ensure you have a well-maintained property. This allows you to enjoy more personal freedoms, all while earning passive income from your home and property
Prepare Property for Rental
We meet you in your home, and have a detailed look at the space with you. We will evaluate your property and recommend necessary improvements to obtain the optimal monthly rental amount. We coordinate any maintenance or repairs based on your approval. We use our extensive network of qualified Canadian trades people and vendors, to ensure the work is completed on time and at exceptional value. All major costs are to be verified by you before work starts.
Determine Optimal Rental Amount
We work hard to determine what your rental property will rent for, and we look for areas where we can increase this. As one of the more innovative rental management companies, we use algorithms, market tests, and other ways to ensure we price your property accurately
We strategically market your property to ensure we place the highest quality tenant into it, in the fastest time possible, and to ensure maximum positive cash flow. By asking ourselves, “Is your property right for that tenant and is that tenant right for your property?” we are able to find your property the perfect match. Your best choice in Calgary property management companies because we have many pre-screened tenants, ready to go
All of our property management team members in Calgary and Toronto are fully trained to screen each tenants carefully. Our screening product goes beyond what you've come to expect from other services like credit and rent checks, and utilizes new technologies that solve some of the rental industries oldest problems.
Rental Property Move In
We take the right steps to ensure an efficient move.
- Collect the first and last month's rent (or a security deposit)
- Prepare all rental and lease agreements
- Document your property's condition utilizing digital photography
- Have the tenant sign a "Move in assessment of Condition" report verifying the condition of the property.
Rental Collections and Disbursements
We make sure rent is collected on time to maximize your cash flow. We promptly collect your rental income from your tenant at the beginning of each month and send you the money within 24 hours.
Repair and Maintenance
We strive to minimize the cost and time of repairs and maintenance by using our extensive network of proven qualified suppliers. We can leverage our network and our relationships, to ensure you get the best quality for the lowest price. We oversee all repairs, to ensure they go according to plan. In addition to our regular maintenance, we provide a 24/7 emergency repair service for any serious issues that may arise. Your property manager handles all requested repairs from tenants, while assessing their real needs and contacts the right supplier. We coordinate the ongoing maintenance, based on the owner's needs which may include: painting, window upgrades, new flooring or carpeting, electrical upgrades, house cleaning, snow removal and lawn maintenance.
Regular Rental Property Inspections
We do a thorough inspection of your unit, both inside and outside. One of our property management team members is a qualified handyman. This helps us insure your property is being properly cared for, maintained which will provide you with peace of mind ownership. We provide a semi annual report with pictures for your review, along with recommendations.
If rent is not paid, we take the necessary steps to receive payment. If the tenant is still negligent of payment, then with your approval we begin the eviction process following the rules of the Ontario or Alberta Landlord and Tenant Board, and keep you informed during all aspects of the process.
Monthly Accounting Statements
We will post or send you, a detailed financial statement showing monies collected and any disbursements that have been made on your behalf such as repairs and maintenance to your online account. All activity is tracked and logged, for full transparency
Year End Summary
At the end of the calendar year, we provide you with a year-end summary of your accounts and rental property. If there are additional property management services you need, let us know! We create custom solutions for our clients on a frequent basis.