It's like Trump meets Ricky Roma.
I used them for over 4 years on a property in Toronto. They tout a lot of services but never deliver. Initially, I thought I was in good hands, and even recommended them to a colleague (who also strongly regrets going with them). But within a couple months, it became pretty apparent just how bad their services was. The moment I was out of town, things went south.
Was promised inspections between tenants. They never inspected anything. Two tenants left significant damage which they never did anything about. I saw one of these in between tenants when I did my own inspection and reported it to them to handle before new tenants moved in. They didn't do anything. When I asked about it after, they said I'd never asked. Asked again after the next tenant and was told they don't do this service and that this is up to me to do as the owner. They promised timely rent payments - at least twice they screwed up with rent being late. They also once double-debited the tenants and deposited in my account...and *the tenant and I* had to flag it to them. Seriously? You just took an extra $2k out of someone's account and didn't notice? When we flagged it (independently) they looked into it and corrected it - which took over a month to get resolved. They did the same with the tenant's final rent cheque - at least they caught that one. But it was still a nightmare and left the tenants livid, and left me flummoxed as to how so much mismanagement could come from one organization.
They constantly 'forgot' that I lived across the country and kept asking me to do things locally. They 'forgot' that I had given them a parking remote for the tenants (and then didn't rent out the parking spot - the exact opposite of one of the other reviewers' experience) and 'forgot' to turn it in to get a new keyfob when the building changed the garage control systems. They 'forgot' to send building notices to the tenant. They 'forgot' to book the HVAC inspections when I instructed them to do so. They 'forgot' to let me know when the people handling my account left the company and new people were hired. They 'forgot' so much, I have to wonder if the company was run by goldfish.
In the end, I decided to sell my property. They immediately reached out saying they also do real estate sales. No thanks, after years of mismanagement, I went with someone I know and trust. Then Matthew starts calling and emailing me trying to tell me how bad my agent is (he's not - he was great and very honest, and I'd happily use him again and recommend him to others). By this point I had asked that all communications go through my lawyer - which they ignored and kept sending things to me. Instead, my agent and my lawyer handled all final conversations with them.
During the process I also talked to my building property managers - they had received so many other complaints about PPM in the past from another owner plus the tenants in both mine and the other owner's units that they just waived the replacement fee for the garage keyfob. When your building managers think so lowly of your property managers that they take pity on you, that's *not* an indicator of being a successfully managed property management company.
To be fair, many of the day-to-day associates I worked with were dedicated - not necessarily effective, but at least they were trying. But when the assigned account managers keep quitting, it kind of shows that the environment wasn't exactly great. Matthew, in particular, is one of the shadiest people I've ever worked with (and I've had the misfortune of working with people who happily went on to work at Ashley-Madison, so take that for what you will).
Overall, this is quite possibly the worst property management company I could imagine. I've worked with many other property managers over the years, and they've certainly been the worst I've dealt with. I would caution strongly against using their services.
Pros: relatively automated debiting and crediting of funds from the tenant to you. When it works, that is.
Cons: high fees, poor service, shady owner, perform very few of the services for which they are paid, are not above being dishonest to your tenants, are disorganized, and are as petulant as a two-year old throwing a temper tantrum if you call them out on their BS. read more