Rental Management

We have been doing property management for well over 20 years, so we have had a lot of time to learn what works for our investors and their tenants. We have developed efficient systems and practices that help you to maximize the return on your investment property, whether you’re an individual owner or part of one of our innovative property rental pools.

Individual Investor/Owners

We offer full property management services, including the following:

  • Comprehensive, easy-to-read monthly financial statements
  • Payables and receivables
  • Payroll, Revenue Canada remittances, T-4s & WCB reporting
  • Screening, hiring and training of building caretakers
  • Regular suite inspections
  • Handling of all tenancy matters and arbitrations as may be necessary
  • Completing proper tenancy paperwork in compliance with the Residential Tenancy Act
  • Collecting and returning security deposits
  • If necessary, obtaining insurance coverage and insurance valuation appraisals

Rental pools

Meicor began managing rental pools in multi-family/stratified buildings in 1996 and have great success with these complexes in their rental operation.

Benefits of a rental pool

In our rental pools, all participating units share revenue, vacancy losses and expenses proportionate to their size (i.e. one-bedroom, two-bedroom, etc.). We email clear, easy to read monthly financial statements to participating owners. Investors receive their share of rental revenue each month by electronic deposit. One of the main advantages of being a part of a rental pool is that investors receive revenue each month even if their unit is vacant.

Costs such as painting and suite repairs as required on tenancy turnover and general repairs during tenancies are shared amongst all participating rental pool units. We obtain a group insurance policy for each rental pool, so owners in the pool do not need to worry about obtaining insurance. We put in place a unit owner/landlord insurance policy for rental pool units at a significant discount to investors.

A team of professionals on your side

Staff are licensed, experienced and friendly. We consistently deliver personal, professional service. The Meicor Property Management team is made up of:

LAURIE SIMS

Managing Broker

Phone: (250) 338-9979
Email: laurie@meicorproperty.com

Laurie Sims has been with Meicor since 1995. In 2012, she purchased the company and became managing broker. Laurie is licensed for both strata and rental property management; her clients appreciate her background and years of accounting and financial reporting experience.

JENNIFER THORBURN

Office Administrator

Phone: (250) 338-9979
Email: jennifer@meicorproperty.com

Jennifer Thorburn, our office administrator, came to us from Calgary, Alberta. She has been working for Meicor since 2015.

HILLARY TURPLE

Rental & Strata Property Manager

Phone: (250) 338-9979
Email: hillary@meicorproperty.com

Hillary Turpleour property manager, was born in the valley but came to Meicor from Alberta. Licensed in rental and strata management, she has been working for Meicor since 2016.

Why Choose Meicor

With years of experience in providing rental property and strata management services, we have efficient systems in place and your best interests at heart. We offer a complete, all-inclusive service package at a competitive rates with no hidden extra costs.

 

Qualified Professionals

Meicor Property Management is a brokerage fully qualified and licensed in good standing with the Real Estate Council of BC under the Real Estate Services Act. Our staff members are well versed in the BC Residential Tenancy Act and the Strata Property Act. Our team is dedicated to continuing education in learning new technology and staying updated with applicable laws. We are keen on continuing at the forefront of the industry to provide the best possible service to our clients.

 

Proactive Management

Our goal is for your investment to provide you with consistent returns and a minimum of hassle. We are actively involved on a daily basis with our client's properties to ensure they are properly maintained.

  • We personally train and supervise quality building caretakers
  • We take care of all payroll and WorkSafe BC reporting and remittance obligations
  • We comply with current labour laws and residential tenancy regulations
  • We have refined, effective tenant-screening and rent-collection processes

We keep properties updated and maintained to high standards, overseeing small repairs and renovations on your behalf as required. For larger projects, we tap into our trusted network of skilled, qualified contractors and professional connections that we have developed over the years. We obtain quotes for your consideration and approval to oversee projects to completion.

 

 

Personalized Service

At Meicor, we operate to the highest standards of integrity, trustworthiness, and dependability. The fact that we have managed most of our client's properties for many years, some even decades, speaks volumes about the service and results we deliver​.

When you get in touch with any one of the Meicor Property Management team, you can expect a cheerful, knowledgeable interaction with someone who knows who you are and wants to provide the information or solution you’re seeking.

 

 

 

Renters

We manage 33 different buildings in Ladysmith, Chemainus, Duncan, Port Alberni, Courtenay and Campbell River. See all of our available rentals.