WARNING: Property Management Vs. Property Maintenance

As a property management company in Peterborough Ontario, we spend our time caring for tenants. Many of the apartments we manage in Peterborough are owned by other real estate investors (aka: landlords or rental housing providers). If you are one of these real estate investors, selecting a good property management company in Peterborough is paramount to ensure you maximize your ROI and minimize your risk.

One possible issue is that many property maintenance services companies fancy themselves property managers in Peterborough and I must warn you; these are NOT THE SAME.

Property maintenance companies provide a service such as snow removal, lawn care, maintenance work, etc. Property management companies handle tenants, marketing your apartments, inspections, move-in, move-out, day-to-day tenant care. Many property management companies in Peterborough will utilize the services of a property maintenance company to help with the maintenance and that’s ok.

The problem occurs when real estate investors, landlords, rental housing providers (that’s you reading this) try to hire a property maintenance company to do property management. Typically you will try to do this to save some costs and that’s understandable but this is a MAJOR investment, often the largest investment in your entire life. It’s not time to cut corners.

If you want to know how we can help you save costs but also ensure the proper management of your real estate investment, please contact-us right away and setup a FREE, no-charge, no obligation consultation. Send us an email vpm@visture.ca and we’ll arrange a consultation right away.

Happy investing,

JG Francoeur
CEO, Visture Property Management Peterborough

P.S. A few times a year we host events at Urban Space for real estate investors to get educated on property management. Check out their calendar for upcoming events.

P.P.S. If you need education as a real estate investor, there is no better company in Canada than REIN; the Real Estate Investment Network. They can help