As your property management company, our legal duty is “fiduciary” and simply means we serve you as though we own the assets ourselves. It also means your interests are prioritized to ensure a mutually beneficial relationship. If a deal isn’t good for both parties, it’s just not a good deal.
Some things you can expect when working with Pinpoint as your property management solution:
Statements and distribution cheques are generally processed by the 10th of each month. Our accounting system is simple (cash basis), detailed, and accurate. It allows us to accommodate owner requests, such as interim statements, year-end statements and custom statements (detailing account histories such as security deposits, or any other account that transactions are posted under).
Vendor invoices are inserted into Client monthly statements to provide transparency and the details on specific expense charges. The entire populated statement is then scanned and emailed, or mailed via Canada Post Postal Service, depending on our client’s preference. Proceeds are distributed monthly with each statement cycle.
Collecting rents, evicting non-paying tenants, and getting vacant units rented are done in a proactive and thorough fashion.
Expenses are minimized through our long term relationships with quality service providers. In addition, our weekly pay period provides vendors with greater cash flow and flexibility in performing various tasks. Because of our volume of work, our vendors give us excellent pricing which is directly passed on to our clients.
Maintenance tracking software integrated with our residential and commercial property management system allows for higher efficiency in performing repairs and reporting expenses. Incidentally, our clients get copies of every billed invoice providing full disclosure of the expense.
Our clients don’t get charged for items such as faxes, long distance, copies and postage expenses. We want to prevent bad ownership experiences and help – not hinder our clients in their investments. This is essential to our services and the bottom line to investors.
With our combined background of legal and real estate experience “out of the box” solutions are available in addressing unique or difficult problems – an added benefit from Pinpoint Property Management, your property manager.