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Rent-Ready Renovations: You Won’t Believe The Before & After! 👀

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Are you a rental housing provider who has an outdated property or isn’t maximizing your return on investment? You shouldn’t have to feel embarrassed about a property that’s below your standards. As a real estate investor, you should be getting the most out of your portfolio and your investments.

 The #1 way to improve your rental profile and increase cash flow on your rental properties is through renovation. 

So, how can you take your existing property and make it rent-ready? Higher rents mean higher property values, but there are some important considerations to watch out for before you get started. That’s why we’ve created a free Rent-Ready Renovation Masterclass (>>CLICK HERE<<) for investors like you who are ready to take their portfolios to the next level…

We’re going to show you exactly how we were able to take a property that was only generating $1100 per month to $2100 per month in rental revenue.

You’ll also learn how to plan your renovation properly so you don’t waste time, or blow your budget so you can successfully generate a higher ROI immediately.

Come behind the scenes with us and see some of our recent Rent-Ready Renovation projects for yourself. You won’t believe the before and after!

Rent-Ready Renovation #1: Alymer – Increased profit by $135,000

Rent-Ready Renovation Project #2: Duplex Conversion in Lindsey, ON – Increased rental income by $42,000 per year

Rent-Ready Renovation Project #3: Downie – Increased rental income by $15,000 per year

Rent-Ready Renovation Project #4: Parkhill Rebuild – Increased rental income by 51,000 per year

Ready to get started?  Get free instant access to Visture’s Rent-Ready Renovation Masterclass here.

Visture Property Management is an industry leader at completing rent-ready-renovations for our clients that are fast, efficient and provide the best return on investment for our clients. We also specialize in creating accessory apartments, secondary dwelling units (SDU), duplex, triplex and additional residential units (ARU). Contact us for all details and to get in touch.

 

Why Coach & Laneway Houses are Completely Changing the Game for Real Estate Investors

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A new type of affordable housing is on the rise across Canada and it’s not old school basement suites, tiny condos or repurposed shipping containers.

A coach house, or laneway home is an accessory residential unit (ARU) on an existing property, usually built in the backyards of single-family homes, or duplexes. Most coach houses average 700 square feet per floor and can be 1-2 stories, some with garages and without.

Although municipal bylaws can vary depending on the location, you can usually avoid time-consuming and costly zoning challenges like you would with a brand-new build on a vacant property.

Here’s an example coach house project Visture is currently building here in Peterborough!


So, why is this such a game-changer for real estate investors? The emergence of coach houses or laneway homes is making it easier for people to balance the high cost of living in popular suburban areas, and for real estate investors to add supply to the marketplace, while generating additional rental income. Coach houses are a great way to completely level up your real estate portfolio and secure your financial future without having to overhaul your investing strategy. You can reap the benefits of a multi-family rental income without having to actually venture into multi-family, commercial or industrial investing.

In some instances, where investors are struggling to create cash flow, leveraging a coach house can be the catalyst to generate positive cash flow and even bigger  returns on their investment while adding supply to the rental marketplace. 

Check out these numbers and see for yourself how adding an accessory residential unit such as coach house can create HUGE cashflow!



We can help maximize your real estate portfolio with turnkey rent-ready renovations, duplex conversion, intensification projects, coach houses and complete new builds.

Click here and see how Visture can help you as a property owner.

 

CEO of Visture JG Francoeur Interviews Author of Rethinking Humanity

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JG Francoeur, the CEO of Visture Property Group, was a co-host and keynote speaker at The Great Real Estate RESET Summit hosted by The Real Estate Investment Network in November 2021. In anticipation of the event, co-hosts JG Francoeur and Patrick Francey interviewed Jamie Arbib who is the co-author of Rethinking Humanity.

In this interview, they cover:

1- The technology convergences taking place in the next few years

2- Why and how this will deeply affect real estate

3- The cascading effects that will disrupt and transform market opportunities

4- The Canadian economy and how it will need to evolve

We’re happy to help and serve Peterborough, Lindsay, Orilla and Huntsville. Please email sales@visture.ca or call/text 705-998-2017 to see how we can help you and your real estate investments. We special in turnkey property management services, sales, marketing, construction and renovation including secondary suites and duplex conversions.

Secret Weapon Unveiled – Leasing Bot

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Secret Weapon Unveiled – Leasing Bot, here at Visture, we believe in using technology to innovate the field of property management. This industry is one typically run by old, stodgy, stale ideas and it’s time for a shakeup. Early in 2020 we introduced a whole new concept, a whole new idea to innovate a leasing robot (AKA: leasing-bot).

We combined the power of remi360.com’s Artificial Intelligence (AI), automated marketing systems with Visture Property Management Peterborough’s innovated leasing process to create the Leasing-Bot

Over the last several months, we can confirm that the Leasing-Bot has saved hundreds of hours and generated dozens of quality leases, mostly automatically. Genius!

For the full scoop, register and attend the Leasing-Bot Presentation that is being hosted by remi360 and Visture Property Management Peterborough.

Visture Property Group & Visture Property Management Peterborough

Let Us Manage Your Real Estate Investments, So You Can Focus on Growing Your Wealth (and sleep better at night)…!

Email Us: vpm@visture.ca
Property Management Office: 705-999-4214
Leasing Coordinator: (705) 998-2017
Property Management Sales: 647-808-8932

Our Office is located at 552 Armour Rd. Peterborough ON Canada

Serving: Peterborough | Huntsville | Orillia | Hamilton

Rent Increase During Covid

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One of the most common landlord questions is “Should I raise my rent?”. There are a few things you need to consider before increasing it.

At Visture Property Group, we do not increase the rent until the next tenant turnover. Unless the rent is significantly under the market value. But, if it’s on the market value, we prefer longer tenancy rather than a tenant turnover every single year.

WHY?

Folks, tenant turnover is expensive. Not only that you have a risk of being vacant but the risk of advertising is there as well. It can costs $200 up to $400 for advertising to fill an apartment. The risk of being vacant in a month can costs you more than the monthly rent of your property.

Visture Property Management is here to help you realize that the risk is not worth it. Advertising costs are way higher than the 2% rent increase you’re going to get.

Remember to increase your rent if it’s below the market value, folks!

Introducing the Leasing Robot

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LIVE EVENT: On Sept 17 @ 8pm ET come learn how this breakthrough technology can save property managers and landlords 3 hours per day on average! https://remi360online.com/LeasingBot

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Take a minute to imagine the perfect leasing process. You generate an inquiry to a property, have a phone conversation to position the new lead, have the potential tenant apply, review the application and, if approved, you book a showing. Next, you will conduct your showing, close the deal, get the lease signed and receive your deposit. 

If this is how every lease worked, you would be walking on cloud nine. Unfortunately, we are all too familiar with the common trouble spots that end up jamming the gears of the leasing process. Those main issues are:

  • Hours and hours of chasing people to book a call
  • Not properly positioning the property from the start
  • Time wasted simply chasing applications
  • Hours lost to repeated booked showings
  • The admin notices

These five time-wasters are what used to interrupt the leasing workflow time and time again — but no more.

Introducing an all-new automated leasing program with remiOnline!

The team at remi360 Marketing Solutions have built what they call ‘remiOnline,’ an all-in-one marketing powerhouse built to compile every last leasing tool you need into one system, streamlining the leasing process and saving you valuable time. When it comes to leasing, the remiOnline system acts as what we at Visture Property Management Peterborough like to call a Leasing Robot. A Leasing Robot describes any system that will automate the vast majority of the leasing process while also accepting input from the user for better customizability.

Let us give you an example. The remiOnline system reflects any user’s unique sales process, or their ‘pipeline.’ Through triggers, the system can automatically adjust your leads along your pipeline depending on what stage they should be at. Say a potential tenant has booked a call with you through remiOnline’s custom forms — the system knows to generate that booking in your calendar, notify you of the booking, generate this new lead in your remiOnline contacts, as well as place this new lead in your pipeline allowing you to receive that crucial business data the moment it adjusts.

Various leads have been automatically placed inside two stages of this pipeline, ‘Showing Pending’ and ‘Showing Confirmed’

All five issues are solved by using this Leasing Robot, and it is the remiOnline system that powers it. The integrated CRM manages the pipeline of all tenants, and with the built-in text message and email system, all of your business communication needs are in one place. While you can send out custom messages to your leads, all texts and emails come already written for you to help further automate the entire process. 

You will receive automated admin notifications. These include notifications to the admin team for checks, notifications to owners when approval is required, and even notifications to accounting when a deposit is coming. What’s best is that the setup of remiOnline is already completely done for you. All you need to do is answer some questions, and the remi360 team will customize the system to meet your exact needs. This entire system, along with Visture Property Management Peterborough’s Virtual Staging service combine to become the ultimate leasing time saver!

Don’t ever wonder what the perfect leasing process might look like. Experience it by experiencing remiOnline. Contact remi360 today to sign up!

Visture Property Management Peterborough’s Latest Project

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Visture Property Management Peterborough is proud to mark the end of our latest home transformation.  What started as an eyesore — a non-contributing property in the surrounding community is now a gorgeous space and a huge win for the Visture team, its partners, and Peterborough.

It is in our dedication to solving the housing shortage in Peterborough that we seek out new property transformation opportunities. We look forward to our next project with enthusiasm and passion.

See below some pictures of this amazing transformation and if you’d like watch this video:

Looking to manage property but don’t know where to start? Sign up for our short-course where Visture CEO JG Francoeur will share the ins and outs of successful (and profitable) property management.

Introducing Visture Property Management Peterborough’s Virtual Staging Service!/in /by

Staging is one of the most important steps towards generating inquiries into a property but has long been a point of contention for owners of rentals. Effectively showing off your property is the difference between successfully leasing your apartment or not, yet the ability to properly stage a space has long been a financial gatekeeper to many property owners. 

Living Room Before

Living Room After

Not only is physical staging financially prohibitive, running costs of more than $3,000, but with needing to move rented furniture into the property, an owner also introduces the risk of damages — it is not uncommon for movers to bang things up!

At Visture Property Management Peterborough, we are introducing a new service known as Virtual Staging to bring the potential to show off a property at its best to everyone. No longer will you need to pay a premium to generate inquiries.

Virtual Staging helps by removing both the risk and obscene costs of physical staging. Instead of paying a premium in the thousands of dollars, virtually staging an entire home only costs owners around 100-200 dollars. By digitally rendering furniture and decor, the cost of ‘prop renting’ is reduced by over 95% with all risks of scuffed walls and splintered wood abolished.

The objective of staging a property is to better represent the size of certain spaces and to give people an idea as to what the space could be. Done well, and it can generate two to three times more leads! For too long, owners have settled with showcasing pictures of drab, empty rooms — doing little to show off a space’s potential. 

With this new Virtual Staging service, you send us pictures of empty rooms and we will send you back a completed space. It is that easy.

Dining Room Before

Dining Room After

With a properly staged property, you will be able to effectively compete in the ever-growing rental and purchasing markets. More leads mean more demand, and more demand means a greater incentive to raise your rents!

Give potential buyers and renters a reason to be excited about your property. Visit our Virtual Staging page to see just how we can transform your space! Otherwise, if you are interested in one of our amazing rentals, contact us today!

Should you allow tenants with pets?

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Let us talk about pets. Most of us have pets, may it be cats or dogs and they are adorable. The question is if you are renting a property, should owners accept tenants have pets? Here at Visture, we definitely say YES!

You might be concerned about horror stories of pets damaging the property and pet owners don’t care about it, we understand. But we always believe that pets are the reflection of their owners. Selecting great tenants is one the key to not have any issues with our furry friends.

Let us hear it from our CEO, JG Francoeur of Visture Property Management Peterborough

 

Student Rentals during and post COVID-19

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Are you planning to convert your property into a Student Rentals? Or maybe, you currently own one.
Visture Property Management Peterborough has some advice for you.

During this pandemic, student rentals are the hardest hit market in Real Estate. Classes had been canceled until further notice. Some Universities are saying they will settle for online classes, some might not reopen until the year 2021. So if you’re planning on giving away free rentals until September, think carefully. Plan for the possible long-term effect.

Hoping and praying for your Real Estate business is not enough. Think strategically and make sure you are updated with the news about the Universities near your place.

Plan wisely. Will you really spend thousands of dollars on converting your property to a student rental, knowing that classes won’t resume anytime soon?

Be extra cautious and strategic Real Estate Investors! Got doubts about your decisions? Visture Property Management Peterborough is here to help you achieve realistic goals and guide you through this Real Estate business. Message us so we can get started!

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