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What Does A Property Manager Do?

Updated: Apr 13, 2025

Busy landlords and real estate investors often turn to property managers to help run their rental businesses more efficiently. Whether you're juggling multiple properties or you're new to the rental market, a property manager can help take the stress out of day-to-day operations—while maximizing your returns.


At LeaseWell, we work with both seasoned investors and first-time landlords to streamline their rental process, reduce tenant issues, and protect their investment.


But what exactly does a property manager do?

Here’s a full breakdown of the key responsibilities and how hiring one could be a game-changer for your rental property in Calgary.


1. Advertising and Marketing Your Property


A property manager doesn't just list your home—they strategically market it to attract high-quality tenants. This includes:


  • Professional photography and staging recommendations

  • Listing across multiple platforms and rental networks

  • 360-degree marketing to reach local and out-of-province renters

At LeaseWell, we make sure your rental gets maximum visibility from the right audience.


2. Screening and Selecting Tenants


Choosing the wrong tenant can lead to late payments, damages, and legal issues. That’s why tenant screening is one of the most important tasks a property manager handles.

This includes:

  • Credit and background checks

  • Employment and income verification

  • Rental history and references

We ensure you're matched with pre-screened, reliable tenants who are more likely to pay on time and treat your property with care.


3. Rent Collection and Financial Reporting


No more chasing rent. Property managers handle rent collection, late payments, and enforce lease terms when needed.


You also receive:

  • Monthly income and expense reports

  • Year-end financial summaries for tax purposes

  • Insights on how your rental is performing

It’s about creating passive income with peace of mind.


4. Property Maintenance and Repairs


From leaky faucets to emergency repairs, a property manager coordinates and oversees all maintenance and repair work on your behalf.

We:

  • Work with vetted, affordable contractors

  • Schedule preventative maintenance

  • Respond to tenant maintenance requests promptly

This ensures your property stays in excellent shape—and your tenants stay happy.


5. Handling Tenant Issues and Legal Compliance


Lease violations? Evictions? Disputes? A property manager deals with it all, so you don’t have to.

They ensure:

  • Compliance with Alberta’s Residential Tenancies Act

  • Proper notice periods and documentation

  • Conflict resolution with professionalism

LeaseWell keeps you legally protected while managing your property with a people-first approach.


6. Lease Renewals and Turnover Management


When leases end, a good property manager will:

  • Assess rent increases based on market data

  • Coordinate inspections and damage checks

  • Prepare the unit for new tenants quickly to minimize vacancy

At LeaseWell, our goal is maximum occupancy, minimal stress.


Final Thoughts


A property manager does much more than just collect rent—they run your rental like a business, handling every detail so you can focus on what matters most. Whether you're a hands-off investor or a busy landlord, working with LeaseWell gives you access to top-tier property management solutions tailored to Calgary’s unique rental market.


Want to know how much your property could earn with a professional manager?Get your free rental property evaluation today and discover the difference LeaseWell can make.

 
 
 

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