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Calgary Property Management: Tips for Landlords to Maximize their Rental Income


Owning a rental property in Calgary can be a rewarding investment—and you deserve to reap the maximum benefits. 

There’s no doubt that this venture comes with its fair share of challenges. From finding the right tenants to maintaining the property, a landlord’s to-do list can seem endless. However, with the right strategies, you can maximize your rental income and make the most out of your investment. 

Ultimately, effective property management in Calgary is key to maximizing your rental income. Discover our essential tips below! 

 

Table of Contents | Calgary Property Management: Tips for Landlords to Maximize their Rental Income 

 

1. Understand the Calgary Rental Market  


Before you can maximize your rental income, you need to understand the local rental market. Calgary is a dynamic city with fluctuating rental prices, influenced by factors such as the economy, job market, and seasonal demand. Researching current rental trends and average rental prices in different neighbourhoods will provide valuable insights.

Emerald Management, a leading property management company in Calgary, offers comprehensive market analysis to help landlords set competitive rental rates. By staying informed about market conditions, you can adjust your pricing strategy accordingly. As a result, ensuring you’ll attract quality tenants while maximizing your rental income.


2. Maintain Your Property 


Presentability is
everything

A well-maintained property not only attracts reliable tenants but also allows you to command higher rent. Regular maintenance and timely repairs are crucial to preserving the value of your property. From leaky faucets to fading paint and worn-out flooring, addressing these issues promptly helps make your property look as presentable as possible. 

Emerald Management in Calgary provides exceptional property maintenance services, ensuring your property remains in top condition. Our team of professionals can handle everything from routine inspections to emergency repairs, giving you peace of mind and helping you retain satisfied tenants.


3. Invest in Upgrades


A little upgrade can go a long way—such as boosting your rental income, for example. Consider making improvements that enhance the appeal and functionality of your property. Modernizing kitchens and bathrooms, installing energy-efficient appliances, and adding amenities like in-suite laundry can make your property more attractive to potential tenants.

Rental property management experts at Emerald Management can guide you on cost-effective upgrades that provide the best return on investment. Our experience in Calgary property management ensures that you make informed decisions that enhance your property’s value and rental potential.


4. Screen Tenants Thoroughly 


One of the most critical aspects of rental property management in Calgary is tenant screening. Selecting the right tenants can prevent future headaches and financial losses. Conducting thorough background checks, credit checks, and reference checks helps ensure you choose responsible and reliable tenants.

Emerald Management employs a rigorous tenant screening process to help landlords find the best tenants. Their expertise enables us to identify red flags and select tenants who meet high standards, reducing the risk of late payments, property damage, and eviction.

 

5. Set Clear Rental Policies


Having clear rental policies in place is essential for smooth property management. Outline your expectations regarding rent payments, maintenance responsibilities, and property rules in a detailed lease agreement. It’ll do wonders in preventing misunderstandings and disputes down the line.

Need assistance in drafting comprehensive lease agreements that protect your interests? The Emerald Management team is here for you—our knowledge of local regulations and industry standards ensures that your rental policies are fair, legal, and enforceable.

 

6. Market Your Property Effectively 


Effective marketing is key to attracting quality tenants quickly and avoiding vacancies. Utilize online listing platforms, social media, and professional photography to showcase your property’s best features. Highlighting nearby amenities, public transportation, and community benefits can also make your listing more appealing.

Emerald Management has a proven track record in marketing rental properties. With our expertise in property management in Calgary, you’ll have compelling listings that reach a wide audience, ensuring your property gets rented swiftly.

 

7. Foster Good Tenant Relationships


Building positive relationships with your tenants can lead to longer tenancies and fewer vacancies. Be responsive to their needs, address concerns promptly, and treat them with respect. Happy tenants are more likely to renew their leases and take better care of your property—reducing financial losses down the line.

With property management in Calgary, you can rest assured that tenant satisfaction is a top priority. Offering responsive and professional service, our commitment to maintaining good tenant relationships helps landlords reduce turnover and maintain steady rental income.


8. Stay Informed About Legal Requirements 


Compliance with local laws and regulations is essential for successful rental property management in Calgary. Stay informed about changes in tenancy laws, safety regulations, and property standards to avoid legal issues and potential fines.

Emerald Management keeps abreast of all legal requirements and ensures that your property complies with local regulations. Our expertise in Calgary property management helps you navigate the complexities of rental laws, protecting your investment and maximizing your rental income.

 

Property Management in Calgary: Team Up With The Experts


Emerald Management is your go-to solution for all your rental property management needs. With our comprehensive services, market expertise, and commitment to excellence, landlords can maximize their rental income
and enjoy a hassle-free property management experience. 

Gone are the days of rental property management being a massive headache—we’re here for you now.

 

Contact Emerald Management today to learn how we can assist you in achieving your goals.

Read our other blogs for more expert tips:  


Renting Your Property: How Calgary Property Management Companies Handle It All

Owning a rental property feels like a dream come true, but managing it tends to be a whole different story. 

While the potential for a steady stream of income is enticing, the responsibilities that come with being a landlord can be daunting—but that doesn’t mean you should back out of this rewarding venture. 

This is where Calgary property management companies come in to ensure you reap the benefits without having to deal with the stress. Discover why rental property management services are key to maximizing asset potential. 

 

Table of Contents | Renting Your Property: How Calgary Property Management Companies Handle It All 

  • The Role of Property Management Companies
  • The Value of Experienced Property Managers
  • Choose Emerald Management’s Core Services For Rental Properties 
  • Professional Asset Management
  • Advertisements of Your Rental Property
  • Receiving Leasing Inquiries
  • Showing Your Rental Property to Prospective Tenants
  • Reviewing Rental Applications
  • Performing Credit Checks
  • Preparing Lease Agreements
  • Placing Security Deposits in Trust
  • Transferring Utilities Payments and Bills
  • Preparing Inspection Reports
  • Collection and Eviction Proceedings
  • Rent Collection
  • Debit Card Payment for Easy Revenue Transfer
  • Pre-Authorized Payments
  • Direct Deposit Services
  • Monthly Statement and Reports
  • Non-Resident Tax Remittance
  • Annual Insurance Review
  • Preventative Maintenance
  • 24-Hour Emergency Services

  • Team Up With Emerald Management Today 


The Role of Property Management Companies


Whether it’s the high demand for apartments for rent in Calgary or units in condo complexes, the city’s dynamic real estate market isn’t showing any signs of slowing down. And with a consistent demand for rental properties comes the need to professionally manage these assets to ensure longevity. 

Property management companies in Calgary specialize in bridging the gap between landlords and tenants, ensuring that property owners can enjoy the benefits of their investments without having to worry about day-to-day operations.

A property management company takes care of all aspects of renting out properties, from marketing and tenant screening to maintenance and financial reporting. They work tirelessly to make the rental process seamless for both owners and tenants. 

You’ll find that property management in Calgary has evolved into a highly sophisticated field, with companies catering to diverse portfolios, from single-family homes to large multi-unit complexes. No matter what type of rental property you own, there’s a team out there that can help manage it to perfection for you. 


The Value of Experienced Property Managers 

 

If there’s anyone who can flawlessly navigate tricky, local market conditions, it’s a property manager in Calgary. Their expertise spans knowing how to market your property effectively, setting competitive rental rates, finding tenants who care for your property as if it were their own—and so much more. 

With their finger on the pulse of the Calgary rental market, these professionals optimize your rental strategy to align with the city’s economic trends and housing demands.

Their experience also equips them to handle any challenges that may arise, from emergency repairs to changes in tenancy laws—offering you peace of mind that your property is always in capable hands. 


Choose Emerald Management’s Core Services For Rental Properties


If you’re going to opt for rental property management services anyway, why not choose the team that can do it all?

Emerald Management & Realty Ltd. stands out among property management companies in Calgary thanks to its comprehensive suite of services designed to cater to every aspect of rental property management.

Let’s dive into the core services that make Emerald Management the go-to choice for property owners.


Professional Asset Management


Ultimately, you don’t just want your property to be maintained—you want its value to appreciate over time. 

Our team of experts is here to help maximize asset potential through top-tier services. This includes regular inspections, efficient handling of repair & maintenance tasks, and strategic advice to enhance your property’s marketability.

 

 

A rental property undergoing maintenance

 

Advertisements of Your Rental Property


With cutting-edge marketing strategies, Emerald Management ensures that your property gets maximum exposure. Your apartments for rent in Calgary will be advertised across various platforms, reaching potential tenants far and wide. The more tenant options there are, the higher the chances of finding the one who’ll truly treat your property like it’s their own. 


Receiving Leasing Inquiries


Emerald’s team is always ready to respond to inquiries regarding your property. Each question or request is handled promptly and professionally, providing potential tenants with the information they need to consider your property.

With plenty of apartments for rent in Calgary, tenants have a wide array of options in the city. You don’t want to miss out on the ideal tenant just because of late responses to inquiries. 


Showing Your Rental Property to Prospective Tenants


A property manager schedules and conducts property showings, highlighting the best features of your property to prospective tenants, thereby increasing the chances of securing a lease.

With their real estate expertise, they’ll know exactly how to paint your property in the best light. 


Reviewing Rental Applications


What are the criteria that should be considered when it comes to applications? How do you effectively weigh out the options?

Reviewing rental applications is no easy feat. But with a property manager in Calgary, that’s something you never have to worry about. They’re here to thoroughly review every application to ensure that only the most qualified candidates are considered for tenancy, safeguarding your investment.


Performing Credit Checks


Property management companies have the necessary resources to perform comprehensive credit checks on all potential tenants, ensuring they have a history of financial responsibility. This reduces the risk of rental defaults and other major issues in the future.  


Preparing Lease Agreements


Legal expertise is essential in crafting lease agreements that protect both the landlord and the tenant. Emerald Management prepares and manages these documents to ensure they fully comply with the latest regulations. You’ll have peace of mind knowing that everything is fair for both parties and in accordance with the law.  


Placing Security Deposits in Trust 


Security deposits are handled with the utmost care, ensuring they are placed in trust accounts as required by law. This provides security for both parties involved in the leasing agreement.


Transferring Utilities Payments and Bills 


Say goodbye to the hassle of utilities and bill management. Emerald Management consistently ensures the smooth transfer of all payables. 


Preparing Inspection Reports 


Our rental property management services include detailed inspection reports that are prepared to document the state of your property at move-in and move-out. This is essential to safeguarding your asset against potential damages and preventing any issues regarding accountability in the future. 


Collection and Eviction Proceedings 


In the rare case that eviction proceedings are necessary, Emerald Management handles the process with professionalism, ensuring legal compliance every step of the way.


Rent Collection


Regular, on-time rent collection is streamlined with our efficient Calgary property management systems. As such, property owners experience consistent cash flow. 


Debit Card Payment for Easy Revenue Transfer


Emerald offers solutions such as debit card payments for easy revenue transfer— simplifying the financial aspects of property management.


Pre-Authorized Payments


For elevated convenience and reliability, our rental property management team can set up pre-authorized payments—rental fees are collected promptly each month without fail.


Direct Deposit Services  


Property owners benefit from direct deposit services that provide quick and secure transfer of funds into their accounts.


Monthly Statement and Reports


While property management companies are here to provide a stress-free experience for owners, we understand that equipping you with accurate data is crucial to maintaining trust and promoting growth. 

As such, we provide detailed monthly statements and reports, giving property owners a clear view of their asset’s financial performance.


Non-Resident Tax Remittance 


For non-resident property owners, Emerald Management takes care of tax remittance, ensuring compliance with Canadian tax laws.


Annual Insurance Review 


As one of the leading property management companies, you can count on our team to carry out an annual review of the property’s insurance coverage to guarantee that the asset is adequately protected against unforeseen circumstances.


Preventative Maintenance


Prevention is better than cure—and that rings true for real estate assets as well.

Our rental property management services include scheduling preventative maintenance to keep the property in excellent condition, avoiding costly repairs down the line.


24-Hour Emergency Services


Here’s another reason why we’re one of the leading property management companies in Calgary: we offer round-the-clock emergency services. Any urgent issues with the property are addressed immediately, regardless of the time of day. Beyond safeguarding your property, this also provides elevated peace of mind for your tenants. 


Team Up With Emerald Management Today 


When you choose Emerald Management & Realty Ltd., you are opting for a partner who understands the intricacies of
rental property management in Calgary. With a full spectrum of services tailored to meet the unique needs of each property and its owner, our team ensures that your investment is not only protected but is set up for success.

Whether you are an experienced landlord or new to the world of property rental, teaming up with a reputable Calgary property management company can be the wisest decision you make. 

Ready to reap the incredible benefits of your investment without the stress of day-to-day management? 

Contact Emerald Management today to get started. 

 

Explore our other blogs for more helpful tips: 


Rental Property Management in Calgary: Expert Tips for Landlords and Tenants


Success in the rental process is a two-way street.

Both landlords and tenants have to carry out their responsibilities to ensure a positive and mutually beneficial rental experience. 

Emerald Management & Realty Ltd.—one of the leading property management companies in Calgary—is here to share expert tips for both parties. 

From tenant screenings and rental pricing to effective communication and renewal negotiations, discover helpful insights below: 

 

Table of Contents | Rental Property Management in Calgary: Expert Tips for Landlords and Tenants 

  • Property Management in Calgary: Tips for Landlords  
  • Expert Tips for Tenants 
  • Team Up with Us For Seamless Calgary Property Management 


Property Management in Calgary: Tips for Landlords

 

1. Understand the Law

 

Before you begin your journey as a property manager in Calgary, it’s essential to understand the laws involved. 

Familiarizing yourself with the Residential Tenancies Act in Alberta and local regulations in Calgary to ensure compliance is a great place to start. Being familiar with your legal obligations will help you provide a safe and habitable living environment for tenants.

 

2. Tenant Screening

Don’t just seal the deal and hand over the keys to the first individual who shows interest in your property. Keep in mind that a tenant is someone you’ll have to deal with for as long as the contract lasts, and so you want to ensure they’re reliable. 

Finding the right tenant isn’t always easy—and it typically requires quite an amount of sifting before the ideal one surfaces. But how do you know if the prospective tenant in front of you is the one you should entrust your valuable property with? That’s where the importance of a thorough tenant screening process comes in, which is a game-changer in helping you avoid low-quality tenants. 

As one of the leading property management companies, we recommend looking into their monthly income, credit score, job security, and references during the screening process. Initially, this may seem like a tedious task, but it’s a crucial step that can do wonders in preventing serious issues in the future. 


3. Rent Pricing


Let’s face it: reasonable rental pricing plays a huge role in how many potential tenants you’ll attract. 

So, how do you find the balance between earning favourable returns and not scaring potential tenants off with a price tag that’s too high?

Beyond looking into the Calgary rental market and setting a price that can effectively compete, you’ll want to research the median household and per capita income for the area as well. 


4. Regular Maintenance and Inspections


It’s your responsibility as a landlord or property manager in Calgary to ensure the space offers a safe and comfortable living environment for tenants.

Ultimately, every property requires regular maintenance and inspections so it stays in tip-top shape. It also helps to prevent minor issues from escalating into costly problems in the future. 

But don’t just pop up out of nowhere to carry out maintenance and inspections—give your tenants a notice. Whether these will take place on a pre-determined schedule throughout the year or will be more short-noticed, always coordinate with your tenant beforehand regarding these matters. Inform them in advance about how long the process will take. To make it more convenient for them, consider allowing them to select the date so that it seamlessly fits their schedule. 


5. Set Reasonable House Rules for Tenants 


By setting house rules, it becomes clear to your tenants what your expectations are. This helps to avoid any confusion in the future. From noise regulations to pets and overnight guests, all the rules involving these elements should be clearly stated before they move in. 

However, keep in mind that the house rules you set still have to be in accordance with the law. Otherwise, it’ll infringe on their rights and you could end up facing legal action. 


6. Clear and Honest Communication 


Upholding clear and honest communication helps prevent misunderstandings and conflicts down the line. As a landlord or property manager in Calgary, you have to be proactive in addressing any questions, maintenance issues, or other concerns raised by tenants. 


7. Respecting Privacy 


Landlords should provide proper notice before entering the property for inspections, repairs, or any other reasons. Establishing clear boundaries and expectations regarding privacy can help maintain a positive relationship between landlords and tenants.


8. Offer Attractive Lease Renewal Terms for High-Quality Tenants


As one of the leading property management companies, we know all too well how challenging it can be for landlords to find ideal tenants—but keeping them is a whole different story. 

Losing high-quality tenants means you have to dedicate time, money, and effort to advertising and the screening process all over again. Offering attractive lease renewal terms can inspire your tenants to stay. Whether you’re upgrading the property with better fixtures, giving it a brand-new coat of paint, or even lowering the rental increase rate, there are plenty of ways to boost tenant retention. 


9. Provide a Move-in Guide for Tenants
 


Another essential element of property management in Calgary is proper guidance.

Don’t leave your tenants in the dark about how garbage, utilities, association fees, laundry, or deliveries work in the area. Provide them with a helpful guide as soon as you seal the deal. 


10. Insurance
 


Here’s another aspect of rental property management you wouldn’t want to overlook: adequate insurance coverage for property and liability risks—such as property insurance and general liability insurance.

Property insurance will protect physical assets like buildings and equipment from risks, such as fire, vandalism, or natural disasters. On the other hand, general liability insurance will protect from claims of bodily injury or property damage to third parties on their property.

Equipping yourself with the right insurance policies will provide peace of mind for both you and your tenants. 


11. Emergency Preparedness


You can never know when emergencies will arise, but what you
can do is be prepared for them

As one of the leading property management companies, we highly recommend having a clear plan in place for emergencies, including a list of contacts for repairs and a 24-hour response system.


12. Financial Management
 


Property management in Calgary can be quite a demanding pursuit. Beyond keeping the property in check, you’ll also have to keep meticulous financial records for income and expenses related to your property. You might want to consider using professional accounting services to take some things off your plate. 


13. Professional Help
 


Being a property manager in Calgary clearly isn’t an easy feat—but you don’t have to handle all these responsibilities by yourself. 

Hiring a property management company is a worthwhile investment—here are all the benefits that come with it:

 

  • If you own multiple rental assets, working with property management companies can eliminate the hassle of having to handle all these accounts. They can do all the heavy lifting for you.  
  • From advertising your property to collecting rental fees and managing tenant issues—all of these aspects can be extremely time-consuming. Free up your time and eliminate the need for you to handle these hassles when you leave it all up to a property management company. 
  • If you live far away from your rental property, being a hands-on manager can be tough. Opting for property management companies in Calgary means your assets will consistently be in good hands and that all issues will be attended to right away. 


Expert Tips for Tenants in Calgary


1. Read and Understand Your Lease

 

Don’t sign that lease agreement unless you’ve fully understood it. Outlining the rights and responsibilities of both parties, including rent payment schedules, maintenance responsibilities, and rules for the use of the property, it’s essential that every statement is clear to you so as to avoid disputes and ensure a positive rental experience.

If you feel like there are certain elements that you don’t particularly agree with, don’t hesitate to communicate this with the landlord and they might be willing to make the necessary adjustments. 


2. Be Familiar with the Residential Tenancies Act in Alberta


It’s not just landlords who need to be familiar with the Residential Tenancies Act in Alberta—tenants should also fully understand it so they know their rights to fair treatment. By knowing and understanding the laws and regulations governing property management, both landlords and tenants can protect themselves and avoid potential legal issues.


3. Document the Property Condition 


Before filling your new space with your belongings, don’t forget to have your camera ready. 

Leading property management companies always recommend taking photos and noting any existing damage when moving in to protect your security deposit. Whether you’re moving into apartments for rent in Calgary or other property types, these photos can serve as proof if the need ever arises.


4. Timely Rent Payments 


Whether you’re living in apartments for rent in Calgary or other types of properties, don’t underestimate the power of timely payments.

Ultimately, rentals are a business. The fees you pay serve as a source of income for landlords—and everybody wants their income to arrive on time and as agreed upon. Always pay your rent on time to maintain a good relationship with your landlord and avoid penalties.


5. Communicate Maintenance Requests and Other Issues Promptly 


Just like how landlords carry out maintenance checks periodically to prevent minor issues from escalating into more costly damage, reporting issues early on can also prevent bigger problems down the line.  

As such, make it a point to communicate concerns promptly to your landlord or property manager to have them addressed quickly. Make sure to keep written records of these concerns as well.


6. Respect the Property
 


Another expert tip from rental property management companies that you’d want to keep in mind is to treat the rental property as if it’s your own.

After all, you are the one who’s currently occupying the space. If its quality deteriorates due to a lack of care from your end, you’d be the first one to be inconvenienced living in a place that’s less than ideal.  

Tenants should take good care of the property to avoid damage and potential disputes with the landlord. You don’t want to let them down by making them think they were wrong for trusting you and selecting you through the tenant screening process.


7. Purchase Tenant Insurance 


Tenant insurance typically covers personal belongings, liability protection, additional living expenses, and sometimes even medical payments if someone gets injured on the rented property. It can also provide protection in case of theft, fire, or other unexpected events. Purchasing a policy like this will give you more peace of mind during your stay in a rented property.


8. Understand the Process for Lease Renewal or Termination


In Calgary, the required notice periods and procedures for lease renewal or ending your tenancy depend on the type of tenancy agreement you have. For a fixed-term lease, no notice is required if you plan to move out at the end of the term. However, if you wish to renew your lease, it’s common practice to inform your landlord at least one to three months in advance. For month-to-month tenancies, provide your landlord with at least one month’s notice before the end of the rental period if you wish to terminate the lease.


9. Renewal Negotiations


If you’re keen on renewing your lease, start discussions with your landlord well in advance to negotiate terms. Working on this as soon as possible also ensures you’ll have enough time to look for other apartments for rent in Calgary in case you can’t come to an agreement. 


Team Up with Us For Seamless Calgary Property Management


Why go through the trouble of
property management in Calgary when you can leave it all up to the experts? 

For over 40 years, Emerald Management & Realty Ltd. has been the leading property manager in Calgary. For 6 years running—from 2016 to 2021— we’ve been honoured by the Top Choice Awards as the city’s leading provider of top-tier services. 

From tenant screenings and maintenance & repairs to collecting payments and resolving tenant concerns, your properties are always in good hands with us. 

Learn more about our rental property management services

Ready to watch your properties reach their full potential? Contact us today to get started!  

Explore our other blogs for more helpful tips:


Why More Landlords are Turning to Property Management Companies in Calgary


Not every property owner is keen on having
property manager duties on their to-do list every day.   

And that’s where property management companies in Calgary swoop in to assist you with the complexities and do all the heavy lifting—allowing you to sit back, relax, and reap the benefits of being a landlord without even lifting a finger. 

As the real estate market in Calgary continues to soar, the city has seen an increase in rental properties and landlords—but the management of these assets is getting increasingly challenging as well.  

With the demands of maintaining properties, handling repairs, collecting rent, dealing with tenant issues, ensuring compliance with regulations, and maximizing profitability, many property owners have decided to leverage professional property management services instead to streamline operations, save time, and alleviate stress.

Keep reading to discover all the reasons property management in Calgary is more in demand than ever. 

Table of Contents: Why More Landlords are Turning to Property Management Companies in Calgary 

  • What Are Professional Property Management Services? 
  • 10 Reasons Why The Services of Property Management Companies Are In-Demand 
  • Leverage Emerald Management and Realty Ltd.’s Expert Services  
  • Make Property Management in Calgary Easy From Here On Out 


What Do Property Management Companies Do?


Property management companies handle the day-to-day operations of real estate properties on behalf of the property owner. This can include tasks such as:

  • collecting rent
  • responding to maintenance requests
  • advertising vacancies
  • screening potential tenants
  • handling any legal or financial aspects of property ownership

 

Essentially, property management companies work to ensure that the property is well-maintained and profitable for the owner while providing a convenient and stress-free experience for tenants—contributing to the overall success of property investments. 

 

SOHO One Apartments—a property managed by Emerald Management & Realty Ltd

 

10 Reasons Why The Services of Calgary Property Management Companies Are In-Demand 

 

1.Unparalleled Expertise, Experience, and Industry Knowledge


Property management companies bring unparalleled expertise in real estate complexities, including best practices for maintaining & marketing rental properties, up-to-date knowledge of Alberta’s Residential Tenancies Act, municipal bylaws, and the latest market trends. 

By working with trusted property management companies, landlords can rest assured that their investments are in capable hands—ultimately providing a more seamless experience for both property owners and tenants.

 
2. Next-Level Tenant Screening and Relations
 


Thorough tenant screenings are key to maintaining a more reliable tenant base with fewer potential issues down the road. A reliable Calgary property management company will have the resources and processes necessary to help you find the most ideal tenants for your investment. 

However, finding tenants is merely the beginning of it all. Dealing with their potential concerns after they move in tends to be even more challenging. From collecting rent to addressing complaints and enforcing lease agreements, it takes a lot more effort than it seems to ensure tenant relations remain positive.

Property management companies have the experience and resources to handle tenant relations professionally and effectively. They can ensure that any issues are resolved promptly—without you needing to take time out of your schedule. These companies often have systems in place to manage tenant relations, including complaints, maintenance requests, and conflict resolution—and it’s likely to be more efficient than the strategies of individual landlords. 


3. Hassle-Free Maintenance and Repairs


Maintaining rental properties can be a daunting and time-consuming task—especially for landlords who are not familiar with maintenance procedures or do not have a network of reliable contractors. Property management companies have a team of skilled professionals or trusted contractor connections who can handle all aspects of property maintenance, from renovations & emergency repairs to landscaping & cleaning. They’re here to ensure that repairs are handled promptly and cost-effectively.


4. Effective Marketing and Vacancy Minimization


Most property management companies aren’t just experts at ensuring your investment stays in tip-top shape—they’re often skilled marketers as well who leverage their strategies and vast resources to attract tenants quickly and effectively, which can help minimize vacancy periods. They understand how to advertise properties and can leverage multiple channels to find suitable tenants.

Once they post that “apartments for rent in Calgary” ad, you can count on it to trigger an incredible response. 


5. Seamless Rent Collection and Financial Reporting


Landlords often find managing rent collection, late payments, and financial records to be a hassle. Rental property management companies make these tasks easier with automated systems and frequent financial reporting. This streamlines the accounting process and enhances cash flow management for landlords.


6. Legal Compliance and Risk Mitigation


Landlord-tenant laws in Calgary can be complex and ever-changing. Property management companies stay up-to-date on these laws and ensure that landlords are in compliance with all regulations. This helps to protect landlords from potential legal issues and liabilities.


7. Time Savings and Convenience
 


Time is precious. 

Leveraging rental property management in Calgary means you can free up your valuable time and focus on other priorities—this is especially helpful for landlords who have other full-time jobs or commitments. By outsourcing the day-to-day management of their properties, landlords can focus on other pursuits, whether professional or personal, without the constant demands of property management.


8. Access to Advanced Industry Tools and Technology
 


Calgary property management companies are often equipped with specialized tools and technology that individual landlords may not have access to. These include property management software, online tenant portals, and advanced analytics that can greatly improve the efficiency and profitability of managing rental properties. Your apartments for rent in Calgary will run more smoothly than ever. 


9. Scalability Made Easier  


Dreaming big for your real estate investments? Don’t let the hassle of property management in Calgary hold you back. 

For landlords with multiple properties or those looking to expand their portfolio, handling all aspects of property management can become increasingly difficult. A property management company can tailor services to accommodate a growing portfolio’s size and complexity. 


10. Diverse Services To Maximize Investment Potential


There’s more to property management companies than meets the eye. 

Beyond seamlessly ensuring your apartments for rent in Calgary or other property types are constantly at their best, they also offer a diverse range of valuable services to give you a holistic experience. This can include financial advice and investment planning which can add significant value beyond the day-to-day management of rental properties.

 

The Emerald Management & Realty Ltd. team maintaining a property

 

Leverage Emerald Management & Realty Ltd.’s Expert Services  

 

When it comes to property management companies in Calgary—you’ll find that Emerald Management & Realty Ltd. is a true gem in the city that’s been shining bright for over 40 years.

For 6 years running—from 2016 to 2021— we’ve been honoured by the Top Choice Awards as the leading property management service provider in Calgary. 

Bringing peace of mind to both landlords and tenants, here’s how we’ve been setting the bar high with our reliable services: 

 

Property Manager in Calgary: Our Services 

 

Service

Details 

Managing, collecting and adjusting rent

Ensuring timely rent collection, adjusting rent to reflect market changes, and handling any rent-related issues.

Finding, screening and removing tenants

Marketing the property, conducting thorough tenant screenings, and managing the eviction process if necessary.

Property maintenance and repairs

Coordinating regular maintenance, addressing repair issues promptly, and maintaining relationships with contractors.

Enforcing landlord-tenant laws and regulations

Keeping abreast of legal requirements, ensuring compliance with laws, and executing lease terminations when needed.

Overseeing responsibilities

Supervising any personnel or contractors employed, and managing vacant properties to ensure upkeep and security.

Managing the budget

Overseeing the property’s financial operations, including setting and adhering to a budget for maintenance and repairs.

Maintaining records

Keeping detailed records of rental activities, maintenance, expenses, and other pertinent property-related information.

Filing property taxes

Preparing and submitting property tax filings and ensuring that all financial obligations related to taxes are met.

Property Manager in Calgary: Our Core Value Added Services 

 

Core Value Added Services

– Receive leasing inquiries

– Arrange rental advertising

– Show properties

– Prepare inspection reports

– Review rental applications

– Rent & condo fee collection

– Perform credit checks

– Debit card payments

– Prepare leases

– Pre-authorized payments

– Security deposits in trust

– Direct deposit service

– Transfer of utilities

– Monthly statements

– Staff training

– Resident managers training

– Preventative maintenance

– 24 hour emergency service

– Professionals

– Licensed Property Managers

– On-Site Resident Managers

– Licensed Leasing Agents

– Accounting Personnel

– Collection Agent

– Administrative Personnel

– Maintenance Director

– Maintenance Personnel

 

A review from Emerald Management & Realty Ltd

 

Make Property Management in Calgary Easy From Here On Out  

 

The combination of unparalleled expertise, comprehensive services, and the ability to save time and reduce stress are compelling reasons why many landlords are choosing to work with property management companies in Calgary

Allow Emerald Management & Realty Ltd. to take these complex tasks off your plate. Take a front-row seat and watch your properties reach their full potential. 

Effective property management doesn’t go to sleep, but with our team behind you, you can. From here on out, seamless property management in Calgary will be a dream come true.   

Reach out to us today to get started. 

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