READY TO BECOME A LANDLORD?
Not many people are, that's why property management companies were made! We take the guesswork out of the equation.
Here are a few first steps for when you’re ready to get your property on
the rental market:
Sign a management agreement and fill out any paperwork regarding your property’s details.
Get the marketing float to the Broker as well as key copies to begin the marketing process.
Call your home insurance company and advise them that your home will become a rental property and find out anything regarding your policy that you might need to change.
Once you’ve been done that, send a copy of your insurance over to our Brokerage to add to your file.
Do a thorough clean. This includes shampooing the carpets, cleaning under appliances, cleaning the furnace and ducts are a few examples.
Other home maintenance items that have fallen onto the “someday maybe” list, including new paint or paint touch-ups, new kitchen faucets or repairing broken blinds or burnt light bulbs.
If applicable, ensure you have any condo documents and requirements over to our Brokerage as soon as possible, to ensure we provide future tenants with all the information pertinent to their lease.
Trust that you’re in capable hands and that together with CIR, your property is well taken care of.
If you have a furnished property, have a detailed inventory done on all items that will remain in the house. Ensure that you remove any personal or valuable items from the property before a tenant moves in.