Becoming a landlord in Edmonton or Calgary is an exciting way to grow wealth and generate passive income. But new landlords often find themselves overwhelmed with the realities of managing a rental property. From tenant issues to legal compliance, the learning curve can be steep — and mistakes can be costly.

At Davies Property Management Edmonton and Calgary, we’ve guided thousands of landlords through these challenges with full-service, hands-off property management. Today, we’re answering the top 5 questions new landlords ask so you can invest with confidence.

1. How Do I Find Good Tenants?

Tenant quality can make or break your rental experience. The wrong tenant can lead to late rent, property damage, or even costly evictions.

What you need:

• Rigorous tenant screening (credit checks, income verification, rental history).

• A strong lease agreement that complies with Alberta’s Residential Tenancies Act.

• Clear communication about rules, expectations, and responsibilities.

How Davies helps: Our team handles tenant screening in Edmonton and Calgary, using proven systems to place reliable tenants who respect your property.

2. How Much Should I Charge for Rent?

Price your property too high and you risk long vacancies; price it too low and you leave money on the table.

What you need:

• Market analysis based on comparable rentals in your neighborhood.

• Seasonal demand insights — Calgary’s competitive downtown market differs from Edmonton’s suburban family rental demand.

• Ongoing rent reviews to keep rates aligned with current conditions.

How Davies helps: We provide data-driven rental pricing strategies, ensuring your property stays competitive and profitable.

3. What Are My Legal Responsibilities as a Landlord?

Many new landlords underestimate how complex Alberta’s landlord-tenant laws can be. A single mistake in notices or deposits can lead to RTDRS disputes or fines.

Key responsibilities include:

• Complying with the Residential Tenancies Act (RTA).

• Handling deposits properly with signed inspection reports.

• Issuing proper notices for entry, rent increases, or eviction.

How Davies helps: Our professional property management in Calgary and Edmonton ensures full compliance, protecting you from legal risk.

4. How Do I Handle Maintenance and Emergencies?

A leaking furnace in January or a burst pipe at midnight isn’t just inconvenient — it’s costly if not handled immediately.

What you need:

• A reliable network of contractors.

• Seasonal maintenance checklists (winterizing, summerizing).

• 24/7 emergency response systems.

How Davies helps: With in-house maintenance teams in Edmonton and Calgary, we provide 24/7 emergency response and preventative maintenance to protect your investment.

5. How Can I Track My Finances Easily?

Many new landlords rely on spreadsheets or shoeboxes of receipts — making tax time stressful and error-prone.

What you need:

• Accurate monthly rent and expense tracking.

• Transparent financial reporting.

• Year-end summaries for tax preparation.

How Davies helps: Our online landlord portal Edmonton and Calgary provides real-time financial reporting, rent collection tracking, and downloadable year-end statements.

Value Proposition

At Davies Property Management Edmonton and Calgary, we take the stress out of being a landlord by offering:

• Full-service property management — from tenant placement to eviction services.

• In-house maintenance with 24/7 emergency response.

• Transparent accounting through our landlord portal.

• Hands-off management, giving you peace of mind and more time to focus on your next investment.

Conclusion

New landlords often ask the same questions — and the answers all point toward one solution: professional management. With Davies, you get a trusted partner who handles the details, so your rental truly becomes passive income.

📞 Ready to invest smarter? Contact Davies Property Management today and discover why we’re one of the best property management companies in Alberta.