
RENT COLLECTION
PROPERTY MANAGEMENT
If you don’t get paid, we don’t get paid either. We work to ensure that you get paid on time every month. Our goal is to make sure that from collecting the rent to disbursing your rental income, the whole process runs smoothly.
➡️ Most of our tenants pay their rent via e-transfer or through Pre-Authorized Debit (PAD). We expect our tenants to pay on the first day/fifteenth day of the month as per their rent cycle (Bank holidays and weekends may sometimes delay rent collection).
➡️ We also offer a 5 business days’ grace period for rent payment to accommodate tenants’ pay cheque dates.
➡️ If the rent is not received by the end of the 5th business day, we initiate our internal collection process.
➡️ We close out our accounting month by the 21st day of each month and issue your rental income disbursements via direct deposit to your bank account of choice (Bank holidays and weekends may sometimes delay the disbursements).