The Difference between Cash Accounting and Accrual Accounting in Property Management
Understanding your financial statements is key to being a property owner. And the key to understanding your property management financial statements is to know…
-
-
Magnum York Welcomes Sim & Thorne Property Management To Our Red Deer Office
Magnum York announces the amalgamation of Sim & Thorne Property Management. We’re pleased to welcome all Sim & Thorne Staff, Condo boards and owners,…
-
New Legislation Passed for Licensing Condo Managers on Dec 1, 2020 – A First For Alberta
As of December 1, 2020, the Government of Alberta will enact legislation to require Alberta condominium property managers to be licensed. All property managers…
-
“We’re Listening” — Customer Satisfaction & Pulse Surveys
Customer Surveys are a wonderful way to look at our business in 360 degrees. As of October 2020, we are kicking off our new…
-
Magnum York’s Property Management Coronavirus Pandemic Response
PLEASE REFER BACK TO THIS PAGE for updated information on Magnum York’s response to the ongoing Coronavirus Pandemic. As we are now officially 6…
-
To AGM Or Not To AGM, That Is The Question (for Condo Corporations)
Most Alberta Condo Corporations are due for an Annual General Meeting, but the guidelines for doing so safely during the province’s COVID response are…
-
Bulletin: Reduced Banking Service Fees for Magnum York Client Business Accounts
Magnum York has negotiated reduced Scotiabank Bank Service Fees for all our client business accounts that are held in trust. Up To 40% Off…
-
Proposed Bill 20 Legislation Changes the Real Estate Council of Alberta (RECA) and Creates 4 Industry Councils [VIDEO]
Royal Assent given to new Bill 20, The Real Estate Amendment Act (Glubish) June 3, 2020 — Service Alberta Minister Nate Glubish provided details…
-
Bored Boards, Anxious Tenants, and Poop On The Lawn During COVID-19
“Flattening The Curve” for Property Management Compared to last November to April 30th, 2020, Magnum York has seen an astounding 42% increase in emails…
-
How do I find out the current delinquent status of unpaid rent or condo fees for my property? [VIDEO]
Even at the best of times, cash flow management is key to the success of any business and investment. During crises like COVID-19, it’s…