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Shared Economy - We Can Help!

Blog by Doriana Zohil-Morton, Broker of Record/Owner | November 21st, 2018

The shared economy has gained some serious ground in the past five years. And for good reason… it works with people’s schedules and lifestyle. For those unfamiliar, think Uber and AirBnB.

With all good things come some challenges. Many real estate investors, for example, jumped on board the AirBnB train, in hopes of making their investment property profitable. And although it financially made money, it came at a cost… personal time. This is something we understand very well, as our sister company, MAC Furnished Residences, is a full-service furnished accommodation provider.

Running a furnished suite is a lot of work, thus the reason real estate investors find this all quite challenging. This is where we come in. We can not only help you locate and purchase the ideal investment property, but through MAC Furnished Residences, we can help find quality tenants, and handle all the “fine details”. This frees up your time to focus on your own family, friends, and career. All the while, your suite will generate income for you.

Most MAC Furnished Residences suites are leased to Fortune 500 companies, whose senior executives occupy the suites for varying periods of time, so we are able to guarantee quality tenants who respect the property. By offering bi-weekly maid service, we are able to personally inspect each condominium for proper usage and compliance with condominium rules and regulations. When repairs or maintenance are required, our quality service people are dispatched for you, immediately addressing all issues and repairing all minor deficiencies.

For more information, please give us a call. We would love to discuss how we can help make your investment property work for you, without you working for it. 416-222-0025.