OPTIMAL PERFORMANCE require strong risk management & LONG TERM VISION

ADVERTISING

To Fill - Rent or Lease

PRA's advertising strategy is formulated with the customer in mind.  The primary goals are to promote your property's amenities, to attract the appropriate occupants, and to ensure the property is presented with your best interests in mind. PRA's primary objective is to find tenants that compliment your properties. You profit from our outstanding media connections and relations, and from our expertise and knowledge of what to advertise, where to advertise it, and how to advertise it to attract the clientele that fit your criteria.  Volume gives us the advantage of reduced rates with most major advertising media, a savings we can pass on to you.

TENANT SERVICES

Screening

PRA prepares and executes a rental agreement or lease with all tenants. Our screening process rivals any other in the industry. Our detailed application form collects all pertinent tenant information and is now automated for registered members. We complete a thorough credit history evaluation, we verify employment, and we  check all references rigorously.  Customization of application approvals is also negotiable between PRA and the property owner/manager.

Retention

Through our many long-term tenant associations and successful landlord/tenant relationships, we've gained a great understanding of the issues related to resident retention.  We continue to work towards extremely high retention rates and are among the best in the industry.

Complaints

At PRA, we believe 'an ounce of prevention is worth a pound of cure'.  While our mediation/resolution abilities are second to none, we focus on building and maintaining good relationships with the goal of eliminating complaints, or at the very least bringing them down to a minimum.

Rent Collection / Evictions

We meticulously maintain rent rolls and we process ‘Rent Due' notices to facilitate timely payment of rents. Eviction proceedings, for cause or, for non-payment of rent, are ordered and executed promptly with appropriate supervision.

MANAGERIAL SUPPORT

Day To Day Management

Our experienced property management staff provides round the clock support, overseeing, administering, and directing the day to day operation of millions of dollars worth of real estate. They are especially effective in establishing preventive maintenance programs to minimize on-going maintenance costs. We can assist you with project planning, and suggest alternative or optimum operating procedures to help you maximize the profitability of your real estate venture..

Our managers stay educated, ensuring compliance with the Consumer and Tenant Protection Acts, Condominium Act  for example. In order to protect short and long term revenues, PRA consistently maintains balance with respect to capital upgrades vis-a-vis market affordability,

Negotiations - Contracting Quality Vendors

Although trained and experienced in all aspects of property management, PRA's emphasis is on maximization of income. Bottom line improvements are achieved through negotiated vendor service contracts, and careful attention to operational costs without sacrificing "street appeal".

We engage only skilled crafts people to repair and maintain our properties, and we carefully screen all sub-contractors and vendors and check their qualifications. The agreements and relationships we have developed with them guarantee you the most dependable and best value labour for the money.

Superintendent Recruitment and Training

PRA managers have the background and skills necessary to hire, train, and oversee resident supervisory personnel.

Unit Maintenance / Inspections

We offer 24-hour emergency service. In addition to our roster of skilled crafts people, our in-house maintenance personnel also offers a cost-effective method of keeping your properties in top shape. Because we know how valuable proactive maintenance can be to the success of a property, our managers inspect vacancies, and visit the properties weekly, or even more often where necessary.

Risk Reduction

Given today's litigious environment, we focus considerable attention on the legal aspects of property management operations. Owners can be exposed to risk through poorly drawn lease/tenant contracts, or by simply paying little attention to detail. We have the dedication and expertise to minimize that exposure for our clients. In order to avoid potential and costly litigation, PRA's personnel keep up-to-date on landlord/tenant law changes. A full spectrum of liability, and workers compensation insurance packages are in place.

Record Maintenance

For our members or perhaps employees we may be able to set these to pdf forms where available or as an option.  Perhaps as an alternative we can set up a form library on our site for certain level members/employees only.

COMPUTERIZED ACCOUNTING

Our sophisticated and specialized software systematically tracks, itemizes, and categorizes income and expenses.  This enables us to control costs and permits us to offer you an exceptional degree of financial accountability.

Cash flow, and other itemized statements are generated using our new software package. This new system allows us to do the following:

• monitor maintenance records;

• employ separate accounts for capital expenditures;

• offer monthly reports in a choice of formats, and

• provide year-end reports to facilitate your tax preparation.