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The Very Real Estate Effect Investing in Quebec


Mar 8, 2024

In this episode, we delve into the specialized world of high-end rentals for the diplomatic market with Jozsef P., the president of E&S Property Management based in Ottawa. He shares his unique entry into this niche market, originally inspired by the company's founding by a diplomat. This episode uncovers the ins and outs of catering to diplomats and embassies from around the globe, highlighting the importance of long-term leases and the specific requirements of diplomatic clients, such as security measures and proximity to embassies.

 

Jozsef discusses the operational side of managing properties for a clientele with distinct needs, including security upgrades and the importance of location. The episode reveals how E&S Property Management creates a seamless experience for both property owners and diplomatic tenants, ensuring properties meet rigorous standards and facilitating smooth transitions for diplomats moving to Ottawa. His approach emphasizes the significance of understanding and adapting to the demands of the diplomatic rental market, providing insights into the long-term commitments and mutual benefits for both landlords and tenants.

 

What you will learn if you listen to the episode:

 

- How Jozsef started in the diplomatic rental market and the unique challenges it presents.

- The importance of long-term leases and security in diplomatic rentals.

- The operational side of managing properties for diplomats, including specific requirements and upgrades.

- Insights into the diplomatic rental market's demands, including location and proximity to embassies.

- Strategies for ensuring both property owners and diplomatic tenants have a smooth experience.

- The role of E&S Property Management in facilitating transitions for diplomats moving to Ottawa.

- Jozsef's journey and the key lessons learned in catering to the diplomatic community in real estate.

 

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Timestamps:

🌐 Introduction to Jozsef and the diplomatic rental market (01:01)

🏠 How Jozsef entered the niche market of diplomatic rentals (02:50)

🌍 Understanding the specific needs of diplomatic clients (03:13)

πŸ“ˆ The importance of long-term leases in diplomatic rentals (06:21)

πŸ”’ Security requirements and adaptations for diplomatic residences (06:40)

πŸ“ The critical role of location for diplomatic housing (08:41)

🌟 Managing a diverse portfolio of diplomatic rentals (08:58)

πŸ’‘ Operational strategies for matching diplomatic housing needs (14:16)

πŸ›  Tailoring services to meet the unique demands of diplomats (20:19)

πŸš€ Utilizing technology to enhance property management efficiency (22:36)

πŸ”§ Vetting suppliers for security and service quality (25:20)

🏑 Ensuring a smooth and welcoming experience for international clients (28:21)

 

Connect with Axel Monsaingeon:

Linkedin - https://www.linkedin.com/in/axel-monsaingeon-42577b28/

Website - https://www.realestateeffect.ca/

Facebook - https://www.facebook.com/realestateeffect/

Instagram - https://www.instagram.com/veryrealestateeffect/

Youtube - https://www.youtube.com/channel/UCc8EYrmO1aVvVIgwT7AfNFw

 

Connect with Jozsef P.:

LinkedIn: https://www.linkedin.com/in/jozsef-p-4a766325/

Website: https://eandsmgmt.ca/