Below are a few frequently asked questions.
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Remuneration is paid based on the number of suites in the building you are employed in and the scope of work required. On average, a single person can earn $4,500+ per month and a couple $7,500+ per month. In addition to these wages, many RMTI graduates receive excellent rent reductions; most commonly 50% off market rent is provided often including hydro, cable and a free parking stall - in some cases free rent is offered. Often a mobile phone is provided for work purposes as well as a mileage/gas allowance. Extended health insurance including medical, dental and vision care and pension benefits are also offered by some employers.
You can often earn extra income by providing additional services such as suite turnover, painting, cleaning suites as well as landscaping/gardening and additional maintenance and repairs above and beyond your daily scope of work.
Certainly not! There is no more working 7 days a week, 24 hours a day with no time off. Employment Standards has regulations that dictate you are entitled to time off and vacation pay just like any other industry.
About 70% of the jobs are for single/individual people and 30% for couples. With more and more apartment & condominium buildings being constructed the opportunities for single/individual people continues to grow!
Essentially, the Resident Manager is hired by the Property Manager to manage one of his/her buildings within their portfolio of many building projects. The Resident Manager position is a more physical, hands on position often including renting suites, collecting rents, janitorial, minor repairs and maintenance and often requires the manager to live on-site. The Property Manager is a more corporate management position where they oversee a portfolio of buildings along with the budgeting and financials for each building and the hiring and managing of the staff including the resident managers, maintenance/janitorial staff and trades.
Click here for a brief description of each position along with some of the duties involved as well as the requirements, wages and benefits offered.