Welcome to our Blog
Latest News in the Calgary Rental
and Real Estate Markets
3 Qualities of a Great Rental Property
What makes a great rental property? From an experienced Property Management Company, here are 3 things to look for when selecting an investment property.
First Home Savings Account: 10 Things You Need To Know
If you're a first-time home buyer looking for a tax-efficient way to save for your dream home, then you might want to consider opening a First Home Savings Account (FHSA). This registered plan is designed to help Canadians save for their first home by providing tax-free savings up to certain limits. In this blog post, we'll discuss the 10 essential things you need to know about FHSA.
Calgary's Housing Market: What's Behind the Skyrocketing Prices?
April 1, 2023 - At the time of writing, the average price of a detached home in Calgary is $708,095! Prices are up 6% compared to March 2022, which itself was 12% higher than March 2021! On top of that, It is anticipated that prices will continue to increase this year! Everyone wants to know what is causing these increases, how long are they likely to last, and is now a good time to buy rental properties?
7 Things to Avoid When Buying an Investment Property
The real estate market can be a rewarding and safe investment, but it is not something you can master overnight. Although you can earn a lot of money, you can also make mistakes. So we are here to help you to avoid when buying an investment property.
4 Reasons to Buy More Rental Properties
Owning rental properties is an investment in your financial future. These are our top 4 reasons for buying more rental properties.
Residential Vs. Commercial Real Estate: What's the difference?
Real estate has become a popular form of investment across all levels of investors, but it can be hard to know what type of property is best for your situation. Residential and commercial real estate offer unique opportunities; understanding their differences is crucial in deciding the best for your portfolio.
Every.Single.Day.
February 1, 2023 - With the rental market so hot, many of you are chomping at the bit to purchase additional rental properties, however, over the past three months it has been difficult to find properties that are producing positive or even break-even cash flow. So where does that leave you?
Frequently Asked Questions about Property Management
In this blog post, we will cover some of the most frequently asked questions about property management, including topics such as property management costs, maintenance, and tenant selection.
Why Investing in Real Estate is a Good Idea During Inflation
The spike in real estate prices in 2022 have been staggering. Meanwhile, mortgage rates have almost doubled. With consumer inflation at a four-decade high, raising the price of properties, you may wonder whether this is a good time to invest in real estate. Here are some reasons why doing so may benefit you.
Looking at The Year Ahead
January 1, 2023 - Calgary started the year with an incredibly tight sales market leading to bidding wars, and homes selling for hundreds of thousands of dollars over the asking price. Seven consecutive interest rate hikes took the wind out of the sales market by later-summer-early-fall. So where does that leave us for 2023?
Supply and Demand Levels in the Calgary Rental Market
December 1, 2022 -Supply in the rental market continues to be tight and is expected to get even tighter. Having said that, we are seeing decreased demand for detached houses in the $2500-$3000 per month range.
Calgary Seeing Growth in Rental Prices
November 1, 2022 - So much of the news is negative these days, but here is some good news for Calgary landlords. Alberta is largely expected to lead the country in GDP growth, Calgary was the 3rd most popular inter-provincial immigration destination in Canada, and increasing interest rates are pushing rents higher!
The Sales Boom is Done, Make Way for the Rental Boom
September 1, 2022 - Rents in Calgary have increased twenty-five to thirty percent year-over-year! That is a staggering increase, even more, remarkable is the speed with which the rents increased.
The Calgary Rental Market is Hot!
July 1, 2022 - The answer to the question we keep hearing “how’s the rental market?” In a word “HOT!”
How to Invest in Real Estate
What are the actual steps you need to take to start your successful investment journey? As a Property Management Company with over 40 years of experience, we’ve broken it down for you in 4 easy steps.
The Best Time to Plant a Tree
June 1, 2022 - Right now your Calgary real estate has benefited from an approximately 25% year over year increase in value. This makes it a great time to refinance your existing home and rental properties to maximize your equity.
Rent, Inflation, Real Estate
May 1, 2022 - We’re all feeling the effects of inflation. So how does that affect your rental property?
How to Be Successful With Your First Investment Property
You may have only thought about investing in Real Estate or you may be weeks into the process. In either case, there are a few things you can do to make sure your first investment in Calgary goes smoothly and turns a profit.
Immigration, Interest Rates, and Rent
Feb 1, 2022 - To say the current sales market is wild is a bit of an understatement! So how will this impact Calgary’s Rental Market?
2021 Calgary Real Estate and Rental Market Review
President of Power Properties, Jamie Palmer, reviews the highs and lows we saw in the 2021 Calgary Real Estate and Rental Markets.