Delta has over 30 years of experience and has seen hundreds of tenant applications.

This will help dig into facts about the potential tenants quicker and identify red flags. Additionally, you also ensure that you won’t have to deal with time-consuming bad tenants is by far one of the main benefits that comes with Delta Capital.

Less legal problems

Experienced landlords are aware of the fact that a single bad tenant can cause a great deal of financial and legal headaches. Delta Capital is armed with the knowledge that will protect you from potential lawsuits and vulnerabilities. Each province has their own laws that can affect a landlord that cover:

◦ Screening tenants
◦ Property conditions and safety
◦ Tenant evictions
◦ Unit inspections
◦ Signing and terminating leases
◦ Collecting and handling rent and security deposits

If we avoid one lawsuit we avoid wasting money, time and energy.

Shorter periods of vacancy

Delta Capital will help you handle the following tasks that prevent your properties from staying vacant for too long:
◦ Prepare the properties for rent – We know exactly what cosmetic improvements must be done to the units in order to maximize your revenue.

◦ Determine the optimal rent rate – Setting the rent too high and it might take too long to find tenants, too low and you might be losing money every month. It is crucial to determine the right price and doing it requires knowledge of the local real estate market, data on similar units, and access to professional rental rate tools.
◦ Marketing your property effectively – We have written numerous ads throughout our career and know what to say and where to advertise to get many candidates quickly. Because we handle many properties, they can negotiate cheaper rates both online and offline.

Long-term tenants

If tenants don’t rent your units for long periods of time, you will have to deal with a series of issues like lost rent, having to clean the property, change the locks, repaint walls, replace carpets, make small repairs, go through the tenant screening process. These things take time and can be quite expensive, but can be avoided by keeping your tenants happy. We will have a tenant retention policy that is time-tested. These programs are essential and require a systematic and consistent approach, which is where we shine. A happy tenant is more likely to rent long-term than one who is not happy with the property, the existing management company or landlord.

More efficient rent collection

Handling the collection of rent and late fees is an extremely important aspect of property management. To ensure consistent and reliable cash flow, rent must be collected on time every month, and it’s important that tenants understand that. Delta Capital puts a buffer between landlord and tenants, allowing them to be the bad cop who has to listen to tenants’ complaints, collect rent, and handle evictions if necessary. It should be made clear how important each clause in the lease is and if breached there will be consequences. The eviction process is another important aspect that we handle. There are strict laws that regulate this process and doing it the wrong way can be a big mistake and time consuming. Delta Capital aims at making the best out of bad situations. Not having to handle a potential eviction yourself is a very compelling reason to hire Delta Capital.

Lower repair and maintenance costs

Tenants are always happy if you offer good maintenance, not to mention that by doing so you also preserve the value of your assets. By hiring us you gain access to professional maintenance and a network of licensed, insured, and bonded contractors. These contractors are trustworthy and have been vetted for quality work and discounts on account of our great volume of managed properties.

Increase the value of your rental property

By identifying and repairing any maintenance issues early on, you avoid larger and more expensive problems. The key to maintaining and increasing the value of your property is preventive maintenance. This requires regular maintenance checks and inspections, a written maintenance schedule, and detailed documentation. We also offer you valuable feedback and suggestions on upgrades and modifications.

Personal benefits

• Less stress – You won’t have to deal with late-night emergencies, evictions, chasing down rent, damages, paperwork, having to find contractors, and other tedious and time-consuming tasks.
• More freedom – You can travel without having to worry about your tenants and about the regular inspections.
• More free time – For a property investor, time is money, and your time would be better spent doing other things than micromanaging a property. If you focus on asset management, then you are working on growing your business, if you manage the properties yourself, then you work in it.

Let Delta Capital manage your assets and help you grow your portfolio.