Property Management Services Division

Housing Cambridge offers professional property management services to other rental housing owners and non-profit housing providers through its Home Concept Property Management division. As an experienced and expert property management service, Home Concept allows owners and operators to achieve courteous and prompt service that is tailored to your properties’ unique requirements.

Respect for the tenant combined with respect for the owner’s needs means Home Concept Property Management is the wise choice. To find out how Home Concept can help with your property management needs, contact us through email or telephone: 519-622-5535.

Home Concept Property Management services include: (services available as needed or as priced as a package)

Marketing and Tenant Placement

  • Posting of internet advertising using proven local sites
  • Screening of applicants by highly professional staff
  • Preparing and executing leases with approved applicants

Administrative

  • Collecting monthly rents on a prompt basis
  • Monitoring and implementing annual rent guideline increases
  • Administration of leases including the preparation of necessary notices to tenants
  • Providing oversight to evictions when necessary
  • Updating tenant records on an ongoing basis
  • Arranging for insurance, including building, liability, boiler, etc.
  • Providing prompt and professional response to concerns and queries of tenants

Operational

  • Scheduling of periodic unit and common area inspections to ensure proper maintenance and minimize preventable repair expenses
  • Hiring and supervising of property management staff, security tenants, maintenance staff as required
  • Tendering and contracting with suitable contractors, ensuring that their work meets an acceptable standard
  • Establishing preventive maintenance procedures for building systems

Financial

  • Preparation of annual operating budget for review and approval by owner
  • Preparation of monthly financial statements using Simply Accounting software detailing:
  1. Rents Collected and Summary of Arrears,
  2. Monthly Disbursements, and
  3. Bank Balances.
  • Paying all valid accounts payable, taking advantage of all available discounts.
  • Requesting quotations, providing recommendations to the owner and arranging for completion of the annual audit of financial records
  • Paying to the owner any and all amounts received in excess of required disbursements