Calgary Real Estate Investments – Property Managers

May 3, 2013
By Cody Battershill

Calgary Real Estate Investments – Property Managers

To use a property manager or not to use a property manager? It is an age old question when considering what is best for your Calgary real estate investments.

Here are some reasons why using a property manager versus renting it yourself might be best for you.

Property Management Companies are Full-Time

Property management companies are a dedicated team of industry professionals who work together to manage properties. They have no “other” job like a typical landlord does and can work to manage a property most effectively without time constraints and / or distractions.

Proven to Generate Higher Rent Incomes

Services offered by property management companies are all-inclusive. They provide tenants with thorough support and allow for properties to draw more rent in comparison to properties that are for rent by the owner.

Also, many relocation agents choose to search out property management company listings because they are typically well-established and provide exceptional customer service to tenants.

Have More Connections

Property management companies have many connections from contractors and small businesses to larger corporations and relocation agencies that are available to their clients.

Having access to their connections is good when looking for a service and aren’t too sure who is good and reliable at what they do. These businesses are usually proven and have a long-standing relationship with the property management company.

In some instances their connections can result in a discount on real estate related purchases as well as preferential service.

Know More about Tenancy Legislation

All of the government legislation in place for tenant and landlord relationships can be confusing at times. Property management companies are well versed in what renters can and cannot do within the confines of the law, protecting real estate investors best interests at all time.

Save Time for Home Owners

Landlords typically spend a few hours or more every week dealing with their real estate investments. Tenant issues, collecting rents, logging inspections and showings for prospective renters are but a few responsibilities landlords have.

Time that could be spent elsewhere, doing more important things in life like spending time with the family, finishing an important project at work, or perhaps maybe getting a swing in at the golf course!

Looking for a condo investment? Be sure to check out our Calgary Condo Real Estate Investments today!