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Author Archives: visture

Student Rentals during and post COVID-19

Are you planning to convert your property into a Student Rentals? Or maybe, you currently own one.
Visture Property Management Peterborough has some advice for you.

During this pandemic, student rentals are the hardest hit market in Real Estate. Classes had been canceled until further notice. Some Universities are saying they will settle for online classes, some might not reopen until the year 2021. So if you’re planning on giving away free rentals until September, think carefully. Plan for the possible long-term effect.

Hoping and praying for your Real Estate business is not enough. Think strategically and make sure you are updated with the news about the Universities near your place.

Plan wisely. Will you really spend thousands of dollars on converting your property to a student rental, knowing that classes won’t resume anytime soon?

Be extra cautious and strategic Real Estate Investors! Got doubts about your decisions? Visture Property Management Peterborough is here to help you achieve realistic goals and guide you through this Real Estate business. Message us so we can get started!

Stunning Before/After for Parkhill (Video)

We’re very excited to unveil the “Riverside Project” and our before/after video. You can see from this video, everything was completely renovated, from top to bottom. Other than the outer shell, everything else was replaced with new, modern, up-to-date, fashionable materials. The lucky family that have rented these 2 units is very thankful for Visture Property Group’s commitment to helping with the housing crisis.

This building was a single family dwelling and now it’s a legal duplex with additional housing for additional families. Every little bit helps Peterborough.

property management peterborough

CEO of Visture Speaking with President of Dominion Lending Centres

Visture Property Management Peterborough always has its finger on the pulse. You might wonder why? Gary Mauris is a legend in the real estate space. As the president of Dominion Lending Centres, Gary has an insiders view of what’s happening in the real estate business at all times. With over 6000 agents, Gary can see trends coming long before they become reality.

I’m thrilled and excited to be sharing the stage with Gary at the upcoming COVID Crisis Conference: Strategies, Opportunities and Solutions to Stay Ahead Of The Curve

Now is not the time to sit back and wait for the government to make decisions for us. It’s time to think critically, take action and prepare for the emerging NEW economy…

 Real Estate Investors have many choices to make. Here are two of the biggest:

Will you dig deep and prepare by learning and developing the skills, mindset and strategies to face the COVID Crisis head on (alongside other like-minded individuals) and leverage the opportunities coming your way?

May 22 and 23 Register Now

Covid19 Response Plan For Tenants

Times are strange, times are unpredictable, and soon, times may be tough. It seems like on a daily basis, our government is making a public announcement declaring a new strategy to handle COVID-19. While we trust that these methods will surely help keep us Canadians healthy and safe,  some of us to worry when it comes to financially supporting ourselves.

Please listen to the short video that we put together for you:

Early this week, our government listed the essential services that will be staying open during these uncertain times and thankfully, it is quite a long list. We recommend that you have a look so you can better determine whether or not your job or business will be affected for the foreseeable future.

 https://news.ontario.ca/opo/en/2020/03/ontario-supporting-workers-municipalities-and-retailers-in-response-to-covid-19.html

This list is just as helpful when it comes to leaving your home. Please plan ahead and make thoughtful trips, and keep these outings to a minimum. Businesses are taking great measures of care to assure that exposure is at its lowest. So help them continue this effort by staying home if you are sick, ask for help where it’s offered and use all protective measures when out and about.

If your employment is affected, and you are facing reduced hours or job-loss for an undetermined amount of time, don’t fret because there are options to keep you on your feet. We at Visture Property Management understand that these circumstances are without rules and we are here to offer you a helping hand in finding you the support that you will need.

Trudeau took to the podium to announce the support that will be available to Canadians and just recently, with minor alterations, it has passed through legislation. This means that we are one step closer to having the support readily available to us.

On another good note, Ontario is stepping up and also providing some relief to us fellow Ontarians. These progressive measures include adapting the Emergency Assistance program to this pandemic, additional support to those already on Social Assistance, enforcing helpful steps in reducing the risk of catching and spreading the virus in the workplace, and financially aiding municipalities in creating support for you. Please review the positive steps our province and city is taking in the links below :

 https://news.ontario.ca/opo/en/2020/03/changes-to-ontarios-emergency-assistance-program-in-response-to-covid-19.html

 https://www.peterborough.ca/en/news/emergency-shelter-service-during-covid-19.aspx

 https://www.canada.ca/en/department-finance/economic-response-plan.html

What does this mean to you, as a renter? Well, the government put a lot of thought behind their choices and while evictions are put on hold, they are not halting the eviction process. So, rather than renters across the country avoiding paying their rent and eventually ending up in large debts when this is all over, they are giving you some financial stability to keep our rent system running as normal as possible. On a daily basis, we monitor any information and updates that are released. We are dedicated to being informed about all the financial support that is available, and what may be best for your specific situation.

We want to work with you to get through these unstable times. So please reach out to us and open a line of communication if you think you may need help, not just with paying your rent but for anything that Visture Property Management can do for you!

In closing, please remember to practice good, basic hygiene such as:

  • Using soap around the home to wash your hands and counter tops it’s safer and healthier than using sanitizer.
  • Keeping a safe distance (6 feet/2 meters) will protect you.
  • Not inviting people in your personal living space
  • Don’t congregate in public  areas unnecessarily. only for your immediate needs.
  • Cover your nose and mouth when you sneeze
  • And a bit of common sense don’t hord there will be plenty for all of us if we buy just whaat we consume.

Be well and be safe

Visture Property Management & Team

53 Parkhill Rd. West Peterborough Apartment For Rent

Visture property managementAfter nearly a year of dealing with the city and most recently the COVID19 challenges, we are thrilled that we will soon be able to help 2 families with some amazing housing in Peterborough.

Peterborough has had a housing shortage crisis for many years and we at Visture Property Group and Visture Property Management Peterborough are trying very hard to help good families have a great home.

This new property has been completely rebuilt from the ground up – it’s barely recognizable (see before/after pics). Having survived two fires this building needed the Visture Property Managmenet touch! Let’s just say we gave it A LOT of TLC. Everything is brand new including the infrastructure of the building.

The lower unit is a 3 bedroom, 1.5 bathroom premium apartment and the upper unit is a 1 bedroom and 1 bathroom apartment. Both apartments have the most amazing views with an incredible location. The green space and access to water is unprecedented being so close to down (15 minute walk to downtown).

More details will be released very soon (Including full before/after shots and wait until you see the inside pictures, oh la la) but for now if you’re interested in being considered for this apartment, please send us an email vpm@visture.ca

PODCAST: Growing, Scaling and the Critical Role of Marketing When Building a Multifamily Portfolio

In this episode we dive deep into the following topics with JG:

  1. The only way to successfully scale into multifamily apartment buildings – systems Marketing systems – the system that most real estate investors are struggling to develop.
  2. Aligning your tenant marketing system with your investment strategy
  3. The role of mixed-use properties within a portfolio
  4. The power of branding
  5. Creating strong brands that get tenants and clients asking for you and not the other way around
  6. The mindset needed to level-up to multifamily buildings
  7. The opportunity that international sources of capital are providing Canadian investors “You have to be before you, you have to do before you have” “Change your mindset, change your game” “You can control the conversation or it can control you”
  8. Resources discussed in this episode: Real Estate Intelligence Network – www.reincanada.com Connect with our guest: Jean-Guy Francoeur Real Estate Intelligence Network (REIN) Visture Property Group Instagram: www.instagram.com/jgfmarketing/

Visture Property Management Peterborough Working Overtime

peterborough property managementThe crew at Visture Property Group and Visture Property Management Peterborough are committed and relentless to ensure that Peterborough’s housing supply shortage is corrected. The CEO of Visture, JG Francoeur, explains:

“The team is so committed to rectifying these housing challenges they have been working right up to the last minute in difficult weather in order to get these properties in shape to rent or the new year. We’re currently working on two very important renovation projects which will have three gorgeous apartments available for rent very soon.”peterborough property management

The weather in Peterborough has been down to minus 25 but that didn’t stop the dedicated crew at Visture. As we roll into the holiday season, luckily the weather has warmed up which will help speed up productivity.

Happy holidays Peterborough from all of us at Visture Property Group and Visture Property Management Peterborough. We hope that your new year is enriched with love, laughter and happiness!

peterborough property management

The Team is Growing to Serve Peterborough Property Management!

We’re so excited to introduce our growing team! Visture Property Management Peterborough is growing very fast and we’ve been adding resources to our team to continue to serve our great clients. Both our rental clients (aka: tenants) and our real estate investor clients (those who hire us to manage their Peterborough properties) rely on Visture.

 

peterborough property managementCeline G. Mallette: As a Paralegal I get to work directly with Visture’s property management clients in order to help them solve their legal challenges. I also have the pleasure of working a Visture’s Process and Procedure Administrator which allows me to systemize the company to provide impeccable service. This is why no other property management company in Peterborough can duplicate our level of service. We are systemized for your success and to enrich all lives.

property management peterborough

 

Ryan Blundell: As Visture’s Property Management Coordinator, I get to work very closely with our rental clients (aka: Tenants). Visture provides executive living lifestyle without the hassle of home ownership and I have the pleasure of making this happen day in and day out.

Peterborough property management

 

Patrick Johnson: One of our secret’s to being Peterborough’s property management company of choice is that we have our own internal Maintenace team and I’m proud to lead that team.

 

 

 

 

 

 

 

Huge Day for Peterborough – MOMENTUS! 407 Now Open

Well today is the day! Mark this day in your calendar folks because as a real estate investor this is a big one. In 20 years from now, Peterborough will not be recognizable in many ways! The 407 ETR highway is officially open as of today. This will FUEL massive investment into Peterborough and as a result of this investment, your real estate will appreciate.

If you want to learn how to invest in real estate and how this highway will have massive impact on your real estate investment, read this special report by REIN Canada special report by REIN Canada.

If you currently own property in Peterborough, Visture Property Management PeterboroughVisture Property Management Peterborough can help you manage your real estate investment properties. If you’re interested in getting into the Peterborough real estate market, Visture Property Group will be glad to help you; contact uscontact us.

WARNING: Property Management Vs. Property Maintenance

As a property management company in Peterborough Ontario, we spend our time caring for tenants. Many of the apartments we manage in Peterborough are owned by other real estate investors (aka: landlords or rental housing providers). If you are one of these real estate investors, selecting a good property management company in Peterborough is paramount to ensure you maximize your ROI and minimize your risk.

One possible issue is that many property maintenance services companies fancy themselves property managers in Peterborough and I must warn you; these are NOT THE SAME.

Property maintenance companies provide a service such as snow removal, lawn care, maintenance work, etc. Property management companies handle tenants, marketing your apartments, inspections, move-in, move-out, day-to-day tenant care. Many property management companies in Peterborough will utilize the services of a property maintenance company to help with the maintenance and that’s ok.

The problem occurs when real estate investors, landlords, rental housing providers (that’s you reading this) try to hire a property maintenance company to do property management. Typically you will try to do this to save some costs and that’s understandable but this is a MAJOR investment, often the largest investment in your entire life. It’s not time to cut corners.

If you want to know how we can help you save costs but also ensure the proper management of your real estate investment, please contact-us right away and setup a FREE, no-charge, no obligation consultation. Send us an email vpm@visture.ca and we’ll arrange a consultation right away.

Happy investing,

JG Francoeur
CEO, Visture Property Management Peterborough

P.S. A few times a year we host events at Urban Space for real estate investors to get educated on property management. Check out their calendar for upcoming events.

P.P.S. If you need education as a real estate investor, there is no better company in Canada than REIN; the Real Estate Investment Network. They can help