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Frequently Asked Questions about property management
Do you Screen the tenants?
Yes, with our 5-step screening program.
Do you take first and last from the tenants?
Yes, we take first and last from the tenants last month is kept as a deposit and and cashed out to guest upon move out depending on unit's condition.
Do you guarantee the rent?
Yes, once you sign with us the next first of the month you will receive the first month’s deposit into your account.
How do you find potential tenants?
Potential tenants find us through our campaign on social media, local and national ad postings, as well as international ads (USA, Europe).
For the ads do you provide a photographer?
Yes, if we post your listing, we provide the photographer.
What Apps do you post my listing if I choose to?
Airbnb corporate account, the main reason is that Airbnb gives you a 1-million-dollar protection, the other apps don’t, which means your unit will be protected.
Do you include the cleaning service on move-out?
The cleaning service is charged to the tenant with no responsibility on your end.
What happens if my tenant doesn't pay rent?
Ensuring prompt rent payment starts with selecting the right tenant. Our thorough tenant selection process minimizes the risk, reflected in our low vacancy rates. In the rare event of issues, our top-notch legal team supports us. If we selected the tenant, we handle eviction documentation at no cost to the landlord. Your peace of mind matters to us.
How to receive a payment?
Monthly invoices will be seamlessly delivered through our accounting system, directly depositing into any banking institution of your choice. We prioritize swift payments, outpacing competitors by processing transactions over a week in advance. Your financial convenience is our commitment.
How do I work with Monyx Management?
Feel free to reach out for any inquiries or assistance at 416-209-2630 or via email at info@monyxmcs.com. We'll promptly respond and guide you through our rental management process.
Why work with Monyx Management?
Our upfront pricing is devoid of hidden fees, genuine customer reviews attest to our credibility, and our 24/7 support ensures constant accessibility for assistance. Your peace of mind is our priority.
How much rent should I charge tenants of my rental property?
Partnering with us means we handle the research for you. Specializing in downtown Toronto and the GTA, we possess in-depth knowledge of the real estate market. Our approach involves analyzing recent leases in your condo building or neighborhood, using this data to ensure accurate pricing aligned with the market value for your home. Trust us to navigate the real estate landscape on your behalf.