CMHC released their bi-annual rental reports. Here are the links. For the Alberta report: https://www03.cmhc-schl.gc.ca/?lang=en&cat=110 For the Calgary or Edmonton report:https://www03.cmhc-schl.gc.ca/?lang=en&cat=109
MAGNUM Releases New Rental Management Program I am excited to announce the new Property Investment Management (PIM) Program. Though we quietly released the program in October 2010, we have been working out the kinks in our processes. We thank those early adopters for working with us during that time. Though Magnum has been managing rental pools for over 20 years, we have not accepted individual investors. In the past 18 months we have been overwhelmed with requests to manage properties […]
CMHC’s Rental Market Provincial Highlights for Alberta Here is the link to the newest rental report from CMHC for Alberta. http://www.cmhc-schl.gc.ca/odpub/esub/64483/64483_2010_B02.pdf
Today the Minister of Finance announced new rules on mortgages in Canada. In my opinion, most home owners are not effected, some investors will be. Read here the official release: http://www.fin.gc.ca/n10/10-011-eng.asp Read here some excellent commentary: http://www.canadianmortgagetrends.com/canadian_mortgage_trends/2010/02/new-mortgage-rules-the-good-the-bad-the-ugly.html
Magnum Property Management Ltd (“MAGNUM”) proudly announces that the Board of Hardwood Green has accepted our proposal for management. Hardwood Green is a 28 unit apartment style property located in Calgary, Alberta. MAGNUM services start on January 1, 2010.
I would like to thank Stephen Cassady of Condo Papers for coming in today to train Michelle, Rebekah and me on how to set up our properties on the site. In the near future you will be able to purchase any needed condominium documents online; with most documents available immediately.
This is one of the few blogs that I read on a regular basis. The authors have some great information and insight into the mortgage industry. Canadian Mortgage News Blog: http://www.canadianmortgagetrends.com/ Note we don’t have any connection with this site besides posting the link.
The Pine Lake Restoration Society (PLRS) held it’s Clean Lake Day fund raiser this past August 15. The event was held at the HUB community centre near Pine Lake, Alberta. This is the second year that MAGNUM has been involved in the event. Memberships into the society are $10 and each membership purchased is put into a draw for a gift. This years gift was a beautiful BBQ and patio heater. The event is a great time with hay rides, […]