Services

What we do?

LARDprop is paid a nominal monthly fee.  Fees are based on the type of dwelling and number of units.  For this fee:  

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• We answer tenant’s calls 24/7 and 365 days a year.

• We collect the rents, monitor  and complete the necessary Residential Tenancies Act (RTA) paperwork to document these late payments.

• We track your rent increases and issue the required RTA notification 90 days prior.

• We disburse required annual deposit interest cheques to tenants on your behalf.

• We give you access to our maintenance team with super-skills at a fraction of the cost of other professionals in the industry. 

• We provide you with a detailed monthly statement outlining any issues and expenses for the previous month.  

• We deduct any invoicing from the rents collected and deposit the rest of your money directly into your bank account or mail you a cheque.

Property Management& Tenant Recruitment

Property Management and Tenant Recruitment go hand in hand.  So we focus the majority of our energy on your greatest asset – the tenant.

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LARDprop assesses your Property, makes recommendations based on your objectives and advertises the property for you on our website, through other proven sites and in target market newspapers and other print ads as we deem necessary.  All calls are returned promptly and the crucial initial screening begins.

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We prepare schedules showings  those who pass our initial screening and they are met by a company representative to show the property.  It is at this time that they are “interviewed” for the “job” as “your tenant”.  All current tenants are given notice of each showing per the Residential Tenancies Act.

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We provide a thorough rental & credit application and, once received completed, each successful candidate is thoroughly reference checked including previous landlords, employers and personal references.  A credit check is also conducted for each applicant and discussed with the prospective tenant if clarification is needed.

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LARDprop provides tenants with a comprehensive one year lease based on the current Residential Tenancies Act, the last month deposit is collected in advance, first month’s rent is collected prior to move-in and, in cases where we also manage the property, a thorough move-in inspection and smoke alarm acknowledgement is completed with the tenant.  We provide the tenant with a copy of all documentation and keep the originals in our files.  Tenants are given the required RTA issued "Information for New Tenants".

 

It is all done for you – you needn’t lift a finger.  In general, we charge one month’s rent for our Tenant Recruitment services – and it’s worth every penny.  To summarize, the inclusions in our Tenant Recruitment Service fee are as follows:

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• Assessment of the property and recommendations on the improvements and/or repairs

• Market comparison to assess appropriate rental rate for your property

• Advertising on our website and on other popular sites as we deem necessary

• Drawing up of Rental Agreement and any appropriate attached schedules

• Rental Agreement signing (we also send the document in advance for review in case of questions)

• Collecting first and last month’s rent

• A thorough move-in inspection for unit condition

• Copy of Rental Agreement, move-in inspection and a welcome letter with contact info and instructions provided for the new tenant.

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Give us a call and take the stress out of wondering if the most important aspect of your investment is really working for you.

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