For years, people have been interested in investing in rental properties within the areas like Collingwood, Blue Mountain and Wasaga Beach. With continually low vacancy rates and tenants looking for quality accommodations, it makes good sense. The one thing thought that has held some would-be landlords back is that there was no local solution for hands off investing and full service property management to deal with things like 3am phone calls complaining that the furnace is not working.
Recently, a solution came to town. A.G. Secure Property Management Inc. has opened a local branch serving the Collingwood, Blue Mountain, Wasaga Beach, Thornbury, and Meaford areas. The company has already been in operation for 10+ years serving the Barrie, Tottenham, and Hamilton areas and manages in excess of 600 rental units.
Expanding to our area was a natural step for them, as this allows their existing and new clientele the opportunity to purchase in other areas such as Collingwood and Wasaga Beach which are desperately seeking more annual rental properties.
The team has adopted a program that ensures they are not getting paid if the landlord is not getting paid.
If your unit is vacant, then they don’t get paid until it is tenanted. If a tenant is not paying rent, then they don’t charge you a fee until they get the account running in the right direction again.
With over 160 landlords and 600 rental units they can work as a collective group and their size brings them negotiating opportunities when working with vendors and service providers. These opportunities allow them to find cost savings for their landlords to further improve their cash flow, by keeping costs lower where possible.
Here is a list of just some of the services they provide:
Renting of units:
? Advertising vacancies (Website, Photos, Advertising, Property Signs)
? Showing the property (Setting appointments, Showing the unit)
? Application process (Reference checks, Confirmation of income, Credit reports)
? Move in and move out inspection reports
? Small fee for vacancies in first 3 months of contract, after that all services are included in the management fee.
? 2 Business offices and 24/7 Emergency support
? Deposits, Rent Collection, Increase notices
? Immediate filling of ORHT forms
? Partnership with Landlord Legal, ensuring the best representation if a hearing ever arises
? Great team of service contractors, with preferred rates and no up charge
? Payment of Property Bills for the landlord
? Regular inspection of the property
? Monthly statement for quick year end summary for taxes
Everybody knows that real estate is not a get rich quick plan, but rather, it is a get rich for sure plan. When executed properly with the right team of professionals, you will be well on your way to a financially secure future thanks to the power of leveraging. (Read this if you wonder how that works.) If you would like to explore different rental investment opportunities currently available or maybe even just express interest of the possibility of it down the road, drop me a line and we can keep in touch on how I can help you purchase the right investment property and how property management, such as that provided by A.G. Secure, can help you manage your property for success.
The Key to Earning 18% or More on Income Property
Marg Scheben-Edey is a Broker with RE/MAX four seasons realty limited, Brokerage in beautiful Collingwood, ON. With three decades of experience, Marg is a leader in the local real estate marketplace and is ready to help guide both Buyers and Sellers in achieving their real estate goals. Email Marg