Lately we have been a lot of calls from investors who would like us to manage their houses with secondary suites. We have no problems managing properties with basement suites as long as the suites following Alberta Building code. We don’t manage any secondary suites (any suite for the record) that doesn’t meet the code. The City of Calgary has put together two great brochures about what is required. City Of Calgary Getting started with secondary suites
I came across this article from Don Campbell, the President of the Real Estate Investment Network™, and Cutting Edge Research Inc. in Business Edge paper May 6 edition. It explains the future of the Alberta Real Estate market and the theory applies to every market in the world. You can find the article on the archive section (http://www.businessedge.ca/archives/archive-pdfs.cfm) of Business Edge, May 6, 2011 and on Page 23 of the PDF. Also a similar post from Don Campbell can be found […]
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
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.
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, […]