BlueKey Property Management

BlueKey Property Management doesn’t just take good care of your investment. We take better care of it. Our highly experienced property management team invites investment property and building owners to a world where every last detail is our first priority. All the physical and financial aspects of your investment: handled. Routine and preventative maintenance and day-to-day administrative details: covered. In-depth, monthly financial reporting: delivered. Peace of mind is what you pay us for.

Vacancy is EXPENSIVE
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Market Before Tenant Moves Out
Ideally, your tenant will give you at least 60-day notice before moving out of the unit. You should start marketing the unit as soon as you receive this notice. This will give you the best chance of avoiding a vacancy. Even if the tenant still lives in the unit, they must allow you to show the unit to prospective tenants as long as you give them proper notice, which is usually between 24 hours.
Sitting on a vacant unit for months is every landlord’s nightmare. No rent is coming in, but you must still pay carrying costs and market the unit. The faster you can get that unit rented, the faster the money will come rolling in.
Extend Lease at a Discount
People move more frequently in the warmer months. Those with children will often wait until the school year is over to move, especially if they are changing school districts. Therefore, it is usually more challenging to fill a vacancy in the winter months.
To avoid having a vacancy in the winter, you can offer your current tenant a lease extension at a discounted rate. Of course, they may not agree to it, but it is worth a shot.
As an example, your tenant has given you notice that they would like to move January 1. Their rent is $1000 a month. You can offer them a three-month lease extension at a discounted rate of $950 a month. If they accept, you avoid a vacancy in the heart of winter and have an extra three months to get that unit rented for April 1.
Filling Vacancy Quickly vs. Quality Tenants
The ideal situation is to fill a vacancy quickly with a quality tenant who is going to pay their rent on time and not cause any problems. Although you want to fill the vacancy quickly, putting in the wrong tenant can actually cost you more money down the line than a one-month vacancy.
Failing to conduct the proper screening procedures can leave you more susceptible to tenants who are not going to pay their rent and may cause damage to the property. Evicting a tenant can be as much as a two-month process, and you will likely not be receiving rent during this time. Putting quality tenants in your rentals from the beginning is of the utmost importance.

We WANT YOU!!
If you have a property that you are having difficulty renting or the hassle of finding qualified tenants has become just too much of a headache call or email us.
We are a locally owned and operated property management firm. We work with many clients from local organization and companies and I’m confident we can find the right tenant for your property.
In this day and age time is money, and your time can be more profitably spent at your day job or finding other investment properties instead of taking calls and showing your property. And in the event you find a tenant, finding the wrong tenant is more expensive than an actual vacancy.
A bad tenant could result in unpaid rent, eviction costs and extensive damages can add up to thousands of dollars. You do not make money when the property is vacant, but you can actually lose money if you lease to the wrong tenant. Getting the wrong tenant in the property is the biggest money loser that there is!
We are diligent in our policies and procedure of renting. We have a strong applicant base of potential
tenants looking to rent; which means more success in finding the right tenant for your property. We take the time to carefully screen and verify all the information presented to us. We conduct credit checks and we fill out the proper forms and documents to help prevent any legal issues in the future.
Whether you have only one unit of multiple units, we treat each unit as if it was our own and we take pride in finding you the RIGHT tenant!
We are committed to finding you qualified tenants and providing you with friendly, professional service! WE WILL GET YOUR PROPERTY RENTED!
Please visit our website or call me for a FREE consultation! www.bluekeypm.ca
We would love the opportunity to discuss our services. We look forward to hearing from you and welcome the opportunity to rent and/or manage your property.