CitySearch Journal

Property Management Blog

How Has Work from Home Transformed Lives of Employees

There have been many articles written on how the global workforce currently is and will adapt to remote and hybrid working during and after the COVID-19 pandemic where it has made social distance mandatory.   Many employees feel the working from home allows them to mana...
Property Management Blog

How to Run Flawless Virtual Meetings

Since the beginning of the lockdown, property managers have pivoted with innovative ways to keep their residents, owners, Board members and employees safe while still providing top tier service. One big change is the way meetings are run for condominium association Board meetings...
Property Management Blog

Interim Inspections in The COVID Age

You’ve found the perfect tenant, collected their security deposit, performed the move-in inspection and wave to them as you walk out the door “See you in a (insert length of lease term here)!”. Wouldn’t that be nice?? I mean, you may operate like this, but...
Property Management Blog

7 Reasons Why You Should Hire A Property Manager

Whether you have just bought your first investment property, have been managing your own properties for years, are testing the rental market because you’re not ready to sell… whatever your motive may be, hiring a property manager has probably crossed your mind. Read ...
Property Management Blog

KEY PAIN POINTS FOR PROPERTY MANAGERS

There are many steps in the management of a rental property which continue well past the time the tenant takes possession.  This article focuses on some of the common pain points for property managers:Property Vacancies:  Vacancy costs are a key contributor to...
Property Management Blog

Top Pain Points for Tenants During the Showing & Leasing Process

There are several stages in the rental process however below focuses on the showing and leasing steps. Below are some considerations to address common pain points and to improve the renter’s experience.Use Current Technology – Automate tenant lead interactions from th...
Property Management Blog

Wear and Tear vs. Damage

Wear and tear is different than tenant caused damage, and due to the subjectivity of wear and tear, conflict will often occur when determining the difference between the two. Let’s start by breaking them down:“Normal” or “Reasonable wear and tear” ca...
Property Management Blog

The 30-Year Mortgage: A Brief Overview

The following is a brief overview of the 30-year mortgage.  Firstly, mortgages with amortization periods great than 25 years are not new in Canada, but the trend is on the upswing.Are 30-year the new 25-year amortization period for Canadian mortgages?The answer is no at...