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UsHouse Management
Our Clients
- employees being relocated, for a year or more, who do not want to sell their homes.
- investors who appreciate the benefits of real estate investment, but do not have the time or inclination to manage on their own.
Management Term
- our minimum management term is one year
What We Do
- find and qualify good tenants for your approval
- have a lease signed and change utilities into the tenant’s name
- collect rent and pay owner’s operating costs such as insurance and realty taxes. Pay excess income monthly into the owner’s account
- provide a 24 hour emergency line
- obtain quotes for significant repairs and get owner’s approval before proceeding
- arrange insurance coverage
- implement periodic rent increases
- arrange or assist on mortgage refinancing
- periodic inspections
Our Reports To You
- monthly Profit & Loss statement, extract from cash ledger and supporting invoices
- annual statements for tax purposes
- periodic management letters
- website
Non-Residents
- prepare and file the NR6 Election, determine and pay monthly non-resident tax payments, prepare NR4 and when requested prepare Income Tax returns
Our Basic Fees
- House Management-10% of the monthly rent to a maximum of $185.00 per month and a minimum of $120.00
- House Rentals- one month’s rent
- Non-resident tax matters $ 20.00 per month
Hearthstone is a member of the Canadian Employee Relocation Council (CERC), an organization comprised of corporations and service providers involved in the orderly, efficient relocation of employees to different geographic locations. For more information: www.cerc.ca