So what does it take to land the “Rental of the Week” according to Toronto Life? Just ask us at Performance Property Management! It begins with a stunning 847 square foot condo, boasting 9-foot ceilings, 2 bedrooms, 2 baths, 1 parking spot, 1 locker and a spacious balcony in the Queen West area. Did...
READ MOREChanges Coming to Ontario Real Estate Market
Performance Property Management would like to take this opportunity to update our property owners on some updates with the Ontario Housing Market that were released yesterday. This morning Kathleen Wynne, the Premier of Ontario, made an announcement to “cool the hot Toronto housing market”. As she mentioned, there will be a number of significant...
READ MORE3 Ways to Avoid a Risky Rental Situation
Due to high tenant turnover rates, many landlords are often left desperate needing to fill their vacant properties immediately, leaving them scrambling to find tenants as soon as possible. The problem with renting out your property to just anyone, is that you are taking on a huge financial risk not to mention a lot...
READ MOREAdvanced Tenant Screening: 3 Ways to Make Sure You Get Better Tenants
It is always worth it to be rigorous when it comes to screening potential tenants because quality tenants become long-term tenants, and long-term means more profit for the owner. Here are 3 simple, yet highly overlooked tactics for screening candidates better. Check Social Media This seems obvious in today’s world but most owners only...
READ MOREGet More Families in Your Rental Properties: 3 Tips for Investors
Families make amazing renters because they value stability making them less likely to uproot and move as frequently as younger tenants do. In order to attract this highly sought-after demographic of renter, focus your marketing efforts in the following 3 ways, or simply let us at Performance Property Management handle it for you! ...
READ MORE4 Spring Cleaning Tips for Landlords
Spring is officially here, so it is time to open the windows and clean out all those dusty nooks and crannies that we avoided during the winter months. For landlords, maintaining both the interior and exterior of a property is important. If you are a landlord, then use this checklist to stay on top...
READ MORE2 Tips for Finding the Best Property Manager Around
Hiring a property manager to manage your investment can take a lot of time and research in order to secure the best one for you. Make sure to keep these 2 tips in mind while searching for the perfect property management company out there. Do Your Online Research The internet is your best friend...
READ MOREThe Wear-And-Tear Or Property Damage Checklist
For a rental unit, the line may sometimes seem blurred between what is reasonable wear-and-tear and what is outright damage. To make better sense of the debate, we’ve created a bulleted checklist that outlines what can be considered wear-and-tear, and what can be considered actual damage to your property. Normal Wear-And-Tear Shower is draining...
READ MOREHow Property Owners Can Save Time, Money, and Frustration With Performance PM
As a property management company we work with a lot of homeowners to help reduce the amount of stress and time it takes for them to manage a property on their own. This is why at Performance Property Management, we handle every task for only 5% of your tenant’s monthly rent. Here is what...
READ MORE3 Easy Tips to Make Your New Tenant Feel Welcome
Tenants that feel comfortable and cared for when they first move into their new home cause less issues. First impressions are everything, and if your tenant’s first impression of you and your property is positive, they will respect your rules and your property. Here are 4 easy tips to make your new tenant feel...
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