Posts tagged as:

property management

Downtown Suites Ltd. goes Mobile

by DTSuites on July 30, 2010

mobile sampleWe now have a mobile version of our site including all listings!

Wherever you are, you can view available apartments and condos for rent through Downtown Suites.

Check it out, and we’d love to have some feedback. So far we’ve only tested on the iPhone here in Vancouver, so if you could try it on your mobile device wherever you might be in the world, that would be really helpful to us!

Just go to our normal site: http://www.downtownsuites.com and you’ll be automatically redirected to the mobile site at m.downtownsuites.com.

{ 0 comments }

Role of the Property Manager

by Nicholas Meyer on June 25, 2010

Tanja Milosevic and Nicholas Meyer on aspects of Property Management services at Downtown Suites.

{ 0 comments }

Luxury Suites

by Nicholas Meyer on June 25, 2010

Nicholas Meyer and Lisa Taylor discuss the fees and services for luxury suite management.

{ 0 comments }

Videos on the June Market

by Nicholas Meyer on June 25, 2010

We recently recorded comments on the June market for both rentals and real estate in Vancouver BC.
Rentals:

Real Estate:

{ 0 comments }

Suite Rental Market in Vancouver

by Nicholas Meyer on May 10, 2010

Nicholas Meyer and Lisa Taylor discuss the current market in Vancouver suite rentals.Downtown Suites Ltd.

{ 0 comments }

Benefits of Professional Management

by Nicholas Meyer on May 9, 2010

Nicholas Meyer of Downtown Suites Ltd. discusses the benefits of professional property management for real estate investors.

{ 0 comments }

Leaks, Liabilities, Insurance

by Nicholas Meyer on December 4, 2009

Here’s a tale: In one building, someone on the seventh floor put kitty litter in the toilet. As you can imagine, the toilet solidified like concrete, and basically just blew up. The leak traveled vertically down through connected suites. On the second floor, our tenant lost many valuables, including designer clothes. In this instance we settled with her as nicely as possible and within a half-hour had a restoration company in there.

At Downtown Suites we contact emergency restoration as soon as any such incident happens. We understand that with leaks there can be so much humidity with conventional carpets it is necessary to move all furniture out asap, before the moisture gets to the wood and warps it. Even in a concrete building the dampness can cause mould from the absorption of moisture. However, an immediate call to a restoration company can avoid much of the water damage.

Insurance is essential, for tenants and landlords, as well as strata corporations. Recently, insurance has become complicated, as some companies have a cap on the deductable per suite, rather than per occurrence. In the per occurrence scenario, imagine 15 claims at $5000 deductable per claim. This is where the owner’s insurance comes in, paying the deductable if it is a building claim.

Usually, the tenant’s alternate place to stay isn’t covered by that insurance, which is one reason why the tenant would need to have his own. In normal circumstances, the deductable would be the owner’s responsibility, rather than the tenant’s.

Of course, liability is a big issue, and as property managers we help both owners and tenants understand which areas are their responsibilities in such circumstances.

(This is an important Evergreen Resource article, revisited from our archives.)

{ 0 comments }

Open Letter to Realtors

by Nicholas Meyer on September 29, 2009

We would appreciate any referrals you may have in regards to your clients who have purchased for investment and who may be looking for a property manager and potential tenants.  It could also be a value-added service from you, to be able to recommend the property management services of a reputable company such as Downtown Suites Ltd.

As you may already know, Downtown Suites Ltd. is a firm of proven, professional, caring and conscientious people; the kind of people you can depend on. I have personally been in the industry since 1978 and I started Downtown Suites back in 1994.  We own our own offices, clear title, at Conference Plaza and  have five fully qualified licensed property managers on staff and two in house accountants to ensure that everything is well organized.  In addition, all funds are held in trust for the client and our books are audited annually by the Real Estate Council. Our aims in managing our client’s property are high, and our fees are very fair and reasonable. (8% for ongoing 24/7 management – no up charging and 1/2 a months rent to secure tenants)  We continually strive to offer the finest condominium property management service in downtown Vancouver.  We pride ourselves on service, and we will do whatever necessary to make you look good.  Please review our web site for further information on our company:  www.downtownsuites.com

Your clients are always your clients, your name is on the file and is always referred back to the client should they advise they wish to make any real estate transaction.  In addition we are happy to send a fine dining certificate to Top Table Restaurants (Cin Cin, Blue Water Café etc) to you to show our appreciation.

Thank you once again for considering us, we appreciate your business.

Sincerely,

nic

{ 0 comments }

Summer Wrap-up

by DTSuites on August 25, 2009

Nicholas Meyer recorded two recent videos outlining the current state of the Vancouver Rental Market at the end of August 09.

You can view the second video, End of August Update, in the sidebar to the right, or link to it here.

{ 0 comments }

Downtown Luxury Residences

by DTSuites on June 17, 2009

Recently Lisa Taylor and Nicholas Meyer recorded some video at one of Vancouver’s premier luxury residences.

While in the lounge, and over iced tea, Nic described the features of Zubrovka vodka with bison grass.

Lisa gave an overview of the rental market to date, from a view suite on the 44th floor:

Downtown Suites manages hundreds of unfurnished suites, ranging from basic downtown studios to luxurious waterfront penthouses.

{ 0 comments }