RPMS Property Management Services Inc. RPMS, CAPREIT Slum lords, real estate investment trust looking to maximize profit by giving their renters as little as possible Toronto Ontario

I rented with RPMS. Despite almost 1300 / month rent the apartment had roaches, it was noisy and management ignored requests for service. The elevators were always broken.

The properties are owned by a real estate investment trust so it may be a great stock to invest in because they cut many corners to squeeze as much profit out of their renters as possible. There are plenty of investor call transcripts online where they discuss controlling costs, which means not providing sufficient services to renters.

"It is also important to note, that despite one of the coldest winters on record in 2015, utility costs, as a percentage of revenues, actually declined in the quarter to 13.8% from 14.3% in the first quarter last year, an indication that our cost control programs are working, and that our capital investments and new borrowers and other energy initiatives, are generating real benefits."

Michael Leon Stein