Welcome to our Blog
Latest News in the Calgary Rental
and Real Estate Markets
How to Screen a Tenant in 3 Steps
One of the key functions you hire Power Properties for is tenant screening, but how do we do this? All of our tenants go through a rigorous three-stage, review, before being approved as a tenant. AI, the Property Manager’s Assistant and the Property Manager all play a role in evaluating the suitability of our tenants.
Calgary Real Estate: Challenges vs. Opportunities
May 1, 2024 - Calgary's real estate market is defying nationwide trends with an 11% year-over-year price surge and high demand fueled by inter-provincial migration and anticipated interest rate cuts. Despite challenges like bidding wars and cash flow concerns, there's still ample opportunity for savvy investors to capitalize on the market's growth, supported by rising rents and a promising ROI potential.
Why be a Green Landlord?
Attract responsible tenants & save money by making your rental property eco-friendly.
Effective Tenant Screening: 4 Red Flags Every Landlord Should Watch For
Finding a great tenant is crucial for any landlord. Identify red flags during the screening process to significantly increase your chances of finding a fantastic tenant.
Don’t be fooled: 5 Tips to Avoid Rental Scams
If a deal seems too good to be true, it probably is! Avoid rental scams in Calgary with these 5 tips.
Property Management Myths vs. Facts
As a property owner, navigating the realm of property management can sometimes feel like wading through a sea of misinformation. Let's debunk some common property management myths and shed light on the realities behind them.
5 Reasons to Love Your Property Management Company
In the world of property ownership, having a reliable property management company by your side can make all the difference. Here are five reasons why landlords and real estate investors love their property management companies.
2024 Top Choice in Property Management
Power Properties is voted Calgary’s 2024 Top Choice Property Management Services
Calgary Real Estate: 2023 Recap and 2024 Forecast
January 1, 2024 - In the ever-evolving landscape of Calgary's real estate, the successes of 2023 set the stage for what looks to be a promising 2024. Here, we unpack the details of last year's figures, providing insights into the expected trends shaping Calgary's real estate in the upcoming months.
5 Resolutions for Buying Another Rental Property in 2024
Check out these 5 practical resolutions every real estate investor should prioritize this new year to plan to buy their next investment property.
Behind Calgary’s Hot Housing Market: Rental Reality Check
December 1, 2023 - It's no secret, the average rent and purchase price in Calgary is up. If you already own a rental property, congratulations, you have made some enormous financial gains this past year! However, if you recently purchased a rental property, you may be struggling to produce positive cash flow.
10 Dollar Store Hacks to Simplify Your Upcoming Move
Are you preparing for a move? We understand that moving can be both an exciting and stressful time, filled with the anticipation of a new chapter and the challenges of organizing, packing, and relocating your cherished belongings. To ease your transition, we've compiled a list of ten clever Dollar Store hacks that will not only make your upcoming move smoother but also help you save money.
Real Estate Investing: The BRRRR Method
Real estate investing has long been a tried and tested path to wealth creation. However, the journey through the world of real estate can be a complex and challenging one. If you're looking for an effective strategy that can help you navigate this terrain, the BRRRR method might just be the answer you're seeking.
Should you allow pets in your rental?
The question of whether to allow pets in your rental property is a significant decision for landlords. While it comes with certain challenges and considerations, there are compelling reasons to consider saying "yes" to pets in your rental. In this blog post, we will explore the advantages of allowing pets in your rental, as well as some proactive steps you can take to minimize potential damages.
Energy-Efficient Homes: Attracting Tenants and Savings
With increasing awareness about environmental sustainability, energy-efficient homes have become incredibly appealing to potential tenants. These homes don't just promise substantial cost savings; they also promise a healthier and more sustainable way of life.
Underused Housing Tax
The UHT is a new federal tax that took effect in 2022. It was implemented as a response to Canada’s housing shortage. If you own your properties inside of a Canadian corporation, or you are not a Canadian citizen or permanent resident, then the UHT likely applies to you.
They Just Keep Coming!
October 1, 2023 - Canada’s population is growing at rates not seen since the baby boomers in the early 1950s’, and Alberta is the fastest-growing province in Canada right now. What does this mean for the Real Estate and Rental Market?
8 Renter-Friendly Fall Maintenance Tips
Fall maintenance doesn't need to be complicated – here are 8 renter-friendly fall maintenance tips to get you ready for winter.
6 Essential Tips for First-Time Landlords
Taking the leap into becoming a landlord for the first time can be exciting. However, it can also be nerve-wracking - especially when you’re new to the process. We like to keep things simple. That’s why we’ve put together this article sharing our essential tips for first-time landlords.
Crunching the Numbers
August 1, 2023 - With more and more people looking for housing, construction is having a hard time catching up. So, let's break down the numbers and see what this means for folks thinking about investing in Calgary.