After being in property management for over 15 years in the Olds, Didsbury and Sundre areas, the partners of Royal LePage Wildrose have decided to leave the property management business to focus on real estate sales. They have decided to sell their property management operations to Magnum York Property Management Ltd. With Magnum York taking over the operations, it will bring added depth and additional services which will translate to greater benefits to you, our clients. This change will take […]
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 […]
The new proposed amendments to the Condo Act. Overall a good direction for everyone. Check out the Service Alberta website for the details. http://www.servicealberta.ca/2166.cfm
Starting March 1st, 2014 Magnum York Property Management stopped accepting cash for payment. We have inter-graded our new debit machine into our system to help the transition of no cash. This provides a more convenient way for our clients to pay rent, condo fees, and/or special assessments. Magnum York still accepts cheque, money order and pre-authorized debit as a form of payment. To obtain a pre-authorized form, please email firstname.lastname@example.org. We would like to thank everyone for their co-operation, […]
Calgary Real Estate Nearing Seller’s Market Real estate is approaching a seller’s market in Calgary, according to a new report on the potential of a national housing bubble. Find out more, click on the link below. http://www.cbc.ca/news/canada/calgary/calgary-real-estate-nearing-seller-s-market-says-report-1.2584812
Population Growth in Alberta Alberta leads Canada in the largest population growth in 2013. This seems to be affecting Calgary’s rental vacancies, making them less then 1%. Find out more below on Population Growth in Alberta: http://www.cbc.ca/news/canada/calgary/alberta-leads-country-in-population-growth-1.2582062
In the future this might be a real announcement but for now I can only dream. I have been following this story for a couple of months. It is truly amazing that we are this close to sending people to Mars. Mars settlement: Science prof among 75 Canadians in 1st cut. http://www.cbc.ca/news/canada/new-brunswick/mars-settlement-science-prof-among-75-canadians-still-in-running-1.2491290
New Edmonton Office Space In February the Edmonton office moved and over the last 9 months we have been making the final touches. Last week we got the frosting on the doors and they look amazing.
This year the staff from the Edmonton office wanted to dress up and they definitely did. I even heard if you didn’t dress up, the social committee would dress you. .
While trolling the internet for interesting topics to include in my monthly newsletter, I came across an article on repairs vs. improvements. Depending on what style of investor you are, you may be more prone to one than the other. A repair is necessary for something to continue functioning. If your property is professionally managed then this is something your Property Manager would inform you needs to be done. In some cases, if a needed repair is not completed […]