Dependable Property Management in Ottawa
Stress-Free Ottawa Property Management
Benefits of using RingRang
Passive Investing: We know that people in Ottawa are looking for a passive investment, and our business will allow you to take a hands-off approach to real estate investing.
Property Managing: From tenant screening to income tracking, RingRang ensures that you’ll be up to date about everything without worrying about anything.
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OUR SERVICES
What Can RingRang Do?
Superior marketing is a differentiating factor and is crucial to attract quality tenants. We can create strong demand based on our property descriptions and photos in order to charge competitive rents, ultimately maximizing your return on investment.
Our due diligence process will provide you with the comfort that your tenant has been thoroughly vetted and is the best choice for your investment.
We will ensure that your rent gets paid on time, every time. If there are issues with obtaining rent, we immediately start the eviction process to ensure that you are best protected.
We conduct inspections upon move-in and move-out in order to assess the property and its condition to keep you protected.
In case something needs repair, our team will find a solution in a timely and cost-effective manner.
We ensure that a legally-binding lease is properly signed and stored. We also include additional clauses to keep you protected.
We will prepare monthly summary statements, as well as detailed annual statements that will highlight your financial health and keep your accountant happy.
What's Included?
- Handle tenant inquiries
- Rent collection
- Maintenance and repair coordination
- Financial reporting via a monthly owner statement
- Eviction assistance
- Move-in/Move-out inspection
- Annual property inspection
- Lease renewal
- Utility management
- Tenant liability insurance administration
- Advertising and promotion on quality platforms to source dependable tenants
- Comprehensive background check including:
- Risk-score analysis
- Identification verification
- Credit checks
- Employment and income verification
- Behavioural assessments
- Document verification
- Lease preparation including additional clauses not found in standard leases to ensure optimal protection
- Last month’s rent deposit collection
Property Management:
- Fees are calculated based on 6% of gross rent per month. That is a savings of 1-2% compared to our competitors!
- Maintenance is billed at cost – we make no mark up here. Our competitors usually charge 20-30% extra on top of their costs!
Tenant Placement:
- If your property is managed by us, there is a tenant placement of 50% of first month’s rent. That is a 50% savings compared to Ottawa’s market average of 1 month’s rent!
- If your property is not managed by us, there is a tenant screening fee of 75% of first month’s rent.
- The cost of credit checks and criminal checks are extra; however, we do not charge a mark-up.
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