As Kingston's affordable, ethical alternative, we effectively manage marketing, tenant selection, lease-up, maintenance, and tenant relations in a compliant, diligent, and ethical manner. It takes a genuine understanding of relationship management, relevant legislation, and procedural requirements to accomplish this.
We manage single-family residential, private-room/student accommodation, condos, and multi-unit properties. We represent new and existing rental property owners looking to stabilize and maintain a single property or to grow a portfolio.
Our 5% management fee is the affordable alternative. We manage your properties, not your money. Our clients are small to medium in size. Standard property management fees hurt an already thin bottom line. Our clients prefer to manage their own money and already have their own legal and tax advisors. As a client, your money does not flow through our accounts. Rents are paid directly to the landlord. The client simply advises us that rent has not been paid and we begin the follow-up. Also, while JPM coordinates all third-party maintenance quotes, services, and invoices, the client pays the service provider directly. We do not mark up maintenance fees.
As the ethical alternative, we resolve any landlord and tenant issues in a way that is compliant, beneficial, and respectful to each party. We represent proactive investors looking to maintain quality properties that attract quality tenants.
Our management experience comes from a background in having stabilized many distressed tenancies. This background helped develop a thorough understanding of the Residential Tenancies Act (RTA) as well as a genuine insight into legal proceedings at the Landlord Tenant Board (LTB).
While JPM is not a legal representative or legal adviser, we do have a deep understanding of the current, relevant provincial legislation. We manage our client's properties to be compliant with the Residential Tenancies Act and applicable municipal by-laws.
JPM provides all the services expected from a Property Manager, start to finish.
* Notices not related to a legal proceeding
Like any investment, management fees affect the bottom line.
Property management fees in Kingston average between 7% and 12% of the gross monthly rent and Lease-Up fees that range between 50% to 100% of one month's rent.
As the affordable and ethical alternative, our fees are simple;
PROPERTY MANAGEMENT
5.0% gross monthly rent
MARKETING & LEASE-UP
Residential - $750
Private Room - $500
VACANT PROPERTY MONITORING
$150/month
(Regular Weekly inspections during periods of extended vacancy, residential units only)
* all fees subject to applicable HST
We have years of experience representing landlords and first-time property investors.
When it comes to managing your property, finding and keeping quality tenants, let us take care of it all.
“A vacant property is always better than a bad tenant”.
We handle the entire marketing process.
We prepare photos, create an inviting ad, and promote the property across multiple platforms to increase exposure and attract quality tenants.
Interested parties are pre-screened first. We then offer virtual or in-person showings.
Our application form is thorough and deliberate. Our vetting process is diligent and ensures the best possible candidates apply.
We will continue to search until a quality tenant is selected for your property.
Once a qualified tenant has been selected, we negotiate and prepare the lease agreement for e-signatures.
To best protect our clients, our lease agreements exceed the Ontario Standard Lease Agreement. We have prepared extensive, custom appendices in consultation with legal professionals while maintaining legislative compliance.
We track and monitor existing lease timelines, renewals, terminations, and rent increases in accordance with the Residential Tenancies Act.
“No Mark-up, No Hidden Fees”
We manage all maintenance requests and routine inspections.
Our firm does not mark up services provided by third parties. We coordinate the service and the Landlord is billed directly by the service provider.
Maintenance repairs and costs are then discussed and evaluated with our clients to determine the best actions.
We consistently develop relationships with reliable, local, affordable trades, and service providers to properly maintain every property we manage.
Regular inspections are an integral part of protecting any investment. Once a year is not enough.
We provide bi-annual unit inspections as well as move-in/move-out inspections, and randomly scheduled inspections.
We provide follow up reports after for each inspection.
Inspections include
Most insurance providers require regular weekly inspections of any vacant units to ensure the maintenance and security of your assets. While your property is vacant, JPM will complete weekly site visits to inspect for damage, security, and general property maintenance like lawn care.
