A property management company operates a rental property on the owner's behalf. Instead of the owner fielding tenant calls, chasing rent and finding trades, the manager becomes the single point of contact for the tenancy and the building itself.
At Green Lotus, that role has two halves: managing the tenancy and caring for the property. Both matter, and both are where owners typically feel the burden first.
Managing the tenancy
- Marketing vacancies and hosting showings
- Screening applicants with consistent, fair criteria
- Preparing leases and administering notices and renewals
- Collecting rent and keeping payment records
- Handling tenant communication day to day
Caring for the property
- Coordinating repairs and maintenance with qualified vendors
- Documented inspections at move-in, move-out and on a routine schedule
- Preventive maintenance planning
- Coordinating turnovers, cleaning, renovations and seasonal services
The result for the owner is simple: the income and long-term value of ownership, without the daily operational weight. If you're weighing whether management is right for your property, a free proposal is the easiest way to see exactly what would be handled for you.
This information is provided for general purposes and is not legal advice. Ontario rental rules may change. Consult the appropriate professional or official government source for advice about a specific situation.