IMR Property Management

Transcription

1 IMR Property Management Your Turnkey Management Solution IMR Property Management (formerly known as FirstService Rental Management) works hard to optimize the performance of your investment property from the time your new condominium is available for occupancy until the time you are ready to sell. Together with our real estate partner, Royal Le Page Terrequity Realty, we engage your preferred real estate agent to help lease your unit, conduct tenant screening, organize auto-payments, ensure insurance compliance, advise financially and maintain ongoing communication with investors. We also take care of all the day-to-day responsibilities with our hands-on management style, financial accountability and responsive service, giving you peace of mind and allowing you to enjoy the privileges and advantages of ownership. IMR is your one-stop-shop for all your property management needs! We believe in the Power of Partnership making a difference every day for Owners just like you!

2 What We Do For You: Early Stage Engagement: We engage with developers at the earliest stages of construction to match newly completed rental units with prospective tenants. PDI ( Pre Delivery Inspection ) Service: We guide you through the inspection and resolution processes. Rental Management: We hire the best realtors in the market to find quality tenants for your unit. With our realtors we conduct a detailed market analysis in order to ensure we obtain market rates from quality tenants who will treat your unit like their own home. Tenant Screening: We verify Tenant references, employment and credit histories. We interview Tenants to ensure that we have found the ideal tenant for your unit. Tenant Occupancy Assistance: We conduct inspections with new tenants prior to occupancy and coordinate turnover of the unit with condo management and board as required. Financial Management: We provide a turnkey financial management solution including collection of rent, obtain approval of unit expenses, and electronically transfer all net receipts to owners on a monthly basis. Financial Reporting: We also provide ongoing monthly statements and annual financial reporting. We will assist in the submission of HST rebates and completion fo non-resident tax holding. Repairs and Maintenance: We oversee all repairs and maintenance of your units through our preferred service contractors. Emergency Services: We provide a 24/7 emergency hotline and informational service for tenants and owners. Legal, Financial and Regulatory Compliance: We ensure tenant insurance compliance, conduct property inspections, and facilitate the resolution of any Landlord/Tenant matters.

3 Additonal IMR Services IMR Property Management works with an extensive network of Condo Care professionals which are available to assist both the Owner and Tenant in regular maintenance of the unit and any emergencies that may arise. All of our contractors are properly certified and deliver the highest quality work. Services include: Carpet / Solid Surface Flooring Installation Carpet and Upholstery Cleaning including Odour & Stain Removal Complete Kitchen and Bath Renovation Electrical Installation & Repair Including Data Cabling General Condo Repair and Maintenance Moving Services Painting, Drywall and Plaster Repairs Picture and Mirror Hanging Plumbing Installation & Repair Regular Condo Cleaning Services Tile Installation & Re-grouting Water Damage and Disaster Restoration Window Installation, Repair & Cleaning

4 IMR Capital: Wealth Management for The Real Estate Investor IMR Capital Management: Our mission at IMR is to provide our clients with world-class investment services to build their wealth by assisting our clients with investment, management and re-investment in Canadian real estate. All financial experts recommend that investors diversify their investments and Canadian real estate offers an excellent investment vehicle which avoids the volatility of the stock market. IMR works with our clients to. Provide world class, one-stop, full-service financial advice regarding Real Estate Focus on income producing properties for passive investors Provide quality direct investment opportunities in major Canadian cities Provide turnkey, worry-free solutions for the entire life of the Investment

5 IMR Partner Fee Schedule Condominium Unit Management IMR delivers the highest quality property management services at a value that our competitors cannot match IMR Competiton $ % 1 Month Rent 1 Month Rent Included $ $225 $250 Financial Management Included HST Rebates*** $ % Preferred Rates $450 Included Monthly Condo Management Fees Third Party Leasing Services* Start up Fees Annual Landlord Condo Insurance** Paralegal Services Pre-Delivery Inspections*** Tenant Vetting and Selection * Leasing services are provided through independent realtors; short term rental (>12 months) may vary ** Landlord Condo Insurance is mandatory *** One time charge when the unit is turned over to owner IMR Property Management Inc. Bus: Fax: [email protected]

6 Seasonal Rentals with IMR Landlords looking to rent their properties for less than the typical 12 month term can depend on IMR to find quality tenants for their short term rental unit. IMR will advertise your short term rental unit using a variety of online marketing strategies and are subject to the same comprehensive tenant screening processes as 12 months rentals. Short Term Rentals are 8% + advertising costs Short Term Rentals incur a management fee of 8% + any marketing costs + a tenant selection and turnover fee of $150 per tenant selected. We use a variety of online marketing services and we do not mark up any advertising service charges. All Short Term Rentals are for a minimum of 3 months Cost Tenant Selection and Turnover* $150 Airbnb 3% Kijiji $30 Vacation Rentals By Owner (VRBO) 8% * Per Tenant selected