Are you looking to invest in real estate and secure your financial future, but facing challenges such as limited time, unfamiliarity with the Residential Tenancy Act, and lack the wherewithal to absorb long periods of time without payment from tenants? Introducing G.R.I.P.!

The GRIP ensures that an amount of money, predetermined when we set you up, is deposited directly into your bank account each month, regardless of whether your property has tenants or if their rent has been paid. It provides a worry-free, risk-free, and hands-off approach to entry-level investors who seek to own investment properties, build wealth, secure retirement, or expand their investment portfolio. G.R.I.P. acts as a safety net for your hard-earned money, contributing to wealth-building.

Throughout the contract, 2 Cats Investor Services Inc. offers an array of services, including but not limited to: application gathering and tenant screening, facilitating move-in procedures, adhering to the Residential Tenancies Act, By-Laws, and relevant condo rules, rent collection, handling delinquent accounts, property maintenance and unit turnovers. We serve as the primary point of contact for Investors, Tenants, Property Managers, and developers. For new constructions, we manage all Tarion paperwork, walk-throughs, and inspections.

Your Guaranteed Rental Amount remains constant throughout the contract. However, the tenant's rent increases over time to align with prevailing market rental rates. This ensures that your tenant doesn't pay significantly below the market rate. We know what you are thinking "That doesn't see fair?" it is important to weigh that cost against the benefits; with the monthly amount guaranteed you do not have shoulder the burden if the tenant does not pay.

The 2 Cats contract is renewable upon expiry at new market rates.

The fee structure is straightforward and easy to plan for.

The Monthly Management Fee is deducted from your predetermined Guaranteed Rental Amount to determine the amount that is deposited into your account monthly.

Other fees include:

Maintenance Costs - any time there is maintenance required on your unit we will let you know, and then cooridiante this maintenance with our preferred vendors and your tenant to ensure the work is done timely and efficiently. These costs will be deducted from your monthly deposit amount and indicated on your statement.

Annual Property Inspection Fees - annually, an inspection of the property is conducted on the investor’s behalf and report is provided, at which time a fee of ¾-month rent is retained.

Leasing Fee - When placing a new tenant, 1 month's rent is retained as a leasing fee.

The short answer is No.

2 Cats Investor Services Inc. brings decades of expertise in Real Estate services. We manage the application process, applicant screening, document verification, and tenant selection to ensure an optimal match between tenant and property.

As the property owner, you're responsible for maintaining the investment. Costs related to maintenance or unit turnovers will be deducted from the Guaranteed rent deposit in the next billing cycle.

Complying with the Residential Tenancies Act, tenants are entitled to reasonable property enjoyment. Regular property inspections are conducted by 2 Cats staff, and reports with photos are provided to keep you informed. In special cases, 2 Cats Staff can assist in arranging visits.

Yes and No. In the case of an emergency, repairs will be facilitated as soon as possible to protect the investment. We have contractors and staff on call to assist with maintenance and repairs. Often times we are co-ordinating with many schedules. And this gets tricky with “too many cooks in the kitchen”. If the unit needs a non-urgent maintenance repair that will not impact the rentability or timelines of the unit being occupied, then the 2 Cats Team would be happy to work with you.

Your contract will officially begin, when we fill your unit with the first tenant.

If your unit is in a pre-construction phase (hasn’t been built yet, or is still being built) just let us know at least 30 days prior to occupancy.

When your first tenant has been found, your contract will officially begin. The first month’s rent is retained as a leasing fee. You will receive your first payment before the 5th day of the second month (payment date fluctuates slightly from month to month due to bank processing, weekends and holidays)

Funds will be directly deposited into the bank account you provide.

The beauty of the GRIP program is that the 2 Cats team will handle all rent arrears, Debt collection, Serving proper notices, and compliance with the Residential tenancy Act.

The 2 Cats team will handle the eviction process, Debt collection, Serving proper notices, and compliance with the Residential tenancy Act.

You can sell your rental property, and your contract can be transferred to the buyer with permission from us for no additional fees or penalties.

If you sell your rental property, while tenants are occupying the unit, you will need to comply with the residential tenancies act. You cannot evict a tenant for the purpose of selling; the tenant will need to be assumed. All viewings of the unit will need to comply with the Residential Tenancies Act.

If your GRIP contract is still active while you sell your unit, and the new owners do not wish to be a part of the GRIP, you will be subject to an early cancellation fee of 2 months rent.

Yes! We can handle your entire portfolio on investment properties. The Guaranteed rental amount will change depending on the building, and unit type.

You can cancel the contract and take over the unit. You will be subject to 2 month’s rent penalty, and we cannot guarantee the tenants will remain in the unit, or be up to date with rent payments.

Compliance with the residential tenancies act is mandatory. Your contract with 2 Cats will be cancelled, and you will be subject to a 2 months rent cancellation penalty.

No catch at all! Let us do what we do best, while you sit back and collect the cheques!

You can reach out to us by visiting our contact page HERE

Glad to have you onboard!

Contact us through our contact page OR using our online calendar Book a Time that works for you and we will contact you!