Managing a rental property brings challenges and benefits. If you are interested in being a landlord but don’t want all the headaches and hassles that come with it, consider working with a management company. Here are some of the benefits you can expect from working with Calgary property management companies.
Higher Quality Tenants with Property Management
Management companies are experts at screening potential tenants and analyzing applications. This makes you more likely to enjoy tenants who pay on time, put less wear on the unit, rent longer, and cause fewer problems.
Shorter Vacancies with Calgary Property Management Companies
A Calgary rental management company can prepare and improve a property for rent, determine an appropriate rental rate, and market the property effectively. These three things help keep vacancy time to a minimum.
Assistance with Taxes and Paperwork from a Management Company
Renting a property involves a pile of paperwork and tax forms. Calgary property management companies know what needs to be done when and how; they can handle the paperwork so you know everything is done properly and don’t have to worry about it.
Maintenance and Repairs with Calgary Rental Management
Property management includes dealing with maintenance and repairs. When you choose a management company, they take care of these areas. This not only saves you the hassle of dealing with it yourself, but it can also save you money. Management companies have an extensive network of reliable contractors and can often get a better deal due to higher work volume.
Less Stress with Rental Management
Working with a Calgary rental management company gives you greater freedom as a landlord, frees up more of your time, and reduces the stress of managing a property.
New Leaf Properties is a group of dedicated professionals with expertise managing residential properties for over 25 years. We offer a fresh approach to property management for owners and renters.
Property management is challenging, but working with a management company helps you enjoy the benefits of being a landlord while reducing the hassles.