Residential Management

Finding the Right Tenant

We have strict criteria to meet in order for us to match the right tenant with your investment. Such requirements include but are not limited to:

  • Digital Marketing
  • Competitive Rates
  • 24/7 Emergency service
  • Tenancy/Personal/Employment Reference checks
  • 30% of gross income to prove ability to pay rent
  • Security deposit and first Month’s rent
  • Tenant Insurance
  • Proof of Transfer of utilities
  • Move in/out inspections
  • Full accounting with monthly statements
  • Bi-annual inspections and owners report
  • Rent collections and evictions

For more information about residential sales & property management please contact:

Valerie Guay

What are the Roles of Property Management Companies?

The definition of property management in Calgary is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need of real estate to be cared for and monitored, with accountability for and attention to its useful life and condition considered.

Property management companies are also often contracted to management of personal property, equipment, tooling, and physical capital assets that are acquired and used to build, repair, and maintain end item deliverables. Property management involves the processes, systems, and manpower required to manage the life cycle of all acquired property as defined above including acquisition, control, accountability, responsibility, maintenance, utilization, and disposition.

It is recommended that a Calgary owner of a single-family home, condominium, or multi-family building engage in the services of a professional rental management, Calgary-based company. The company will then advertise the rental property, handle tenant inquiries, screen applicants, select suitable candidates, draw up a lease agreement, conduct a move in inspection, move the tenant(s) into the property and collect rental income. The company will then coordinate any maintenance issues, supply the owner(s) with financial statements and any relevant information regarding the property, etc.

It is our goal at VIP Realty & Management Ltd. to maintain your investment property maximizing your monthly income and long-term profit. Our slogan is “Where everyone is our VIP” and believe all our clients deserve the same quality and excellence that you and your property deserves.