Managing a condominium might seem straightforward, but it’s anything but. From handling finances and repairs to dealing with legal obligations and resident concerns, there’s a lot that goes into keeping a condo community running smoothly. Without experienced support, condo boards can quickly find themselves overwhelmed, trying to juggle too many responsibilities. That’s where a professional […]
Category Archives: Property Management
23
May
May
Managing a commercial property is all about balancing costs with value. If you’re not careful, operational expenses can sneak up and eat into your profits. However, with the right approach, property owners and investors can stay ahead of rising costs while keeping tenants happy and maintaining the property’s long-term value. At Gerst Property Management, we […]
22
May
May
If you’re managing commercial real estate in a competitive market like Toronto, you know just how important tenant retention is to long-term success. Holding onto quality tenants means fewer vacancies, lower turnover costs, and a more stable cash flow. On the flip side, losing tenants too often can quickly eat into profits and create unnecessary […]
28
Apr
Apr
Why Knowing Commercial Property Terms Matters If you’re diving into the world of commercial real estate—whether as a property owner, first-time investor, or new landlord—you’ve probably come across a sea of unfamiliar terms. From lease agreements to property operations, commercial real estate has its own language, and understanding it is key to making confident, informed […]
28
Apr
Apr
Why Screening Matters in Commercial Leasing If you own or manage a commercial property, you already know how important it is to find the right tenants. Unlike residential leasing, commercial leases often involve more complex agreements, longer terms, and a much higher financial stake. That’s why having a solid commercial tenant screening process isn’t just […]
20
Mar
Mar
The Importance of Maximizing Rental Income If you own commercial property, increasing your rental income isn’t just about setting a higher price—it’s about creating value that attracts the right tenants and keeps them long-term. Strong rental income means better returns on your investment, greater financial stability, and a property that stands out in a competitive […]
20
Mar
Mar
Vacant commercial spaces can be a major headache for property owners. Beyond the immediate loss of rental income, prolonged vacancies can lead to increased maintenance costs and even affect the overall property value. A half-empty building may also give the impression of economic instability, making it harder to attract new tenants. The good news? There […]
25
Feb
Feb
Owning a commercial property is a significant investment, but managing it effectively can be time-consuming and complex. From dealing with tenant concerns to handling financial oversight, property management requires a strategic approach. That’s where Gerst Property Management steps in. With professional commercial property management services, we take the hassle out of ownership, ensuring your property […]
25
Feb
Feb
Managing a rental property isn’t just about collecting rent—it involves a range of responsibilities, from maintenance coordination to tenant communication. That’s where property management services come in. But how much do these services cost, and what should property owners expect when hiring a property management company? Understanding property management fees is crucial for making informed […]
