5 Useful Questions to Create a Powerful Board Budget-4828

5 Useful Questions to Create a Powerful Board Budget

Prioritizing a Condo Board Budget When sitting down to compose a board budget with your fellow members, it’s important to have an idea of what needs to be accomplished on a more granular level. Obviously, everyone wants a healthy budget and to not waste money but how does this actually get accomplished? There are so many questions that need to be asked and answered, but how do we prioritize them and ensure we’re taking care of the biggest issues first? […]

Top Ten Reasons to get a Rental Property Manager-4842

Top Ten Reasons to get a Rental Property Manager

Having a rental property manager may seem like a luxury, but we believe it’s a necessity. Having a Condo Property manager look after your property can be beneficial in a myriad ways, many of which we’ll be discussing today. A quality property manager not only offers peace of mind but many tangible benefits that will be realized financially and personally. At Magnum York we clearly believe in the benefits of having a property manager, a service we consider ourselves to […]

3 Ways To Make Condo Board Meetings Better-4513

3 Ways To Make Condo Board Meetings Better

How do You Make Condo Board Meetings Better? Condo board meetings can often be fraught with indecision, discord, and a total lack of organization. These factors often lead to painful processes where very little, if anything, ever gets done. As an owner of a property you want to know that things are getting taken care of and that people aren’t spending your money unnecessarily.  We have witnessed these meetings first hand and thought we would be able to shed a […]

Top 5 Resources Your Condo Board Needs Now-4483

Top 5 Resources Your Condo Board Needs Now

Condo Board Tools you can Actually Use Informative, timely, and effective communication is the bedrock of any successful condominium association.  Those who fail to maintain this productive communication between the board, members, and their management team do so at their own peril. Period. Timely, relevant, and efficient communication serves to foster a sense of involvement for the members and a connection to the board and their decisions.  That means confidence.  Projects are organized and executed smoothly, team members participate effectively, […]

Magnum York is Now on the Radio in Calgary!-4465

Magnum York is Now on the Radio in Calgary!

Radio Showcase “Ask the Expert” Series Magnum York Property Management was featured in our last blog post for our spot on Breakfast Television. We are now excited to showcase some audio pieces that have aired on local Calgary radio stations Jack 96.9 FM and 660 AM News Radio. In the first audio segment, Peter Best tells us why condo associations and condominium owners should care about Bill 9. The relatively new property amendment act gives Alberta consumers more protection, let’s listen in and hear […]

Hold Effective Condo Meetings: An Overview-4112

Hold Effective Condo Meetings: An Overview

  Learn how to hold effective condo meetings as a director or a coordinator of a Condo Board or Association. Maybe you attend the Condo Meetings and want to be a larger part of the groups success and efficiency. Running effective meetings can be quite a challenge if you are not prepared. That is why Magnum York has prepared the information you need to get a head start. First you may want to review one of our past posts: “The […]

Resident Retention and Your Bottom Line-4086

Resident Retention and Your Bottom Line

There’s something we must admit: renting a condo unit is much different than actually Retaining the residents. It can be one of the most challenging aspects of rental property management. Why should you struggle to attract and retain high-quality tenants for a long time? Leaving aside all the time and effort you must spend to fill vacancies, securing a longer lease is more cost effective than finding new tenants every few months. Since finding and keeping good renters for an […]