RE/MAX’s most recent housing inventory report brought some concerning results: the study shows that average inventory levels in the majority of the major Canadian real estate markets have fallen to their lowest levels in 10 years. Most markets have double-digit declines, including the Calgary market with a 26% below-average inventory level in comparison with the … Read more

In a scenario with higher mortgage rates and lower inventory, Calgary’s real estate market continues to slow down but remains active. In its most recent report, the Calgary Real Estate Board reported a -0.51% drop in sales for all home types; however, buyers are reconsidering their options rather than refraining from buying. If you’re in … Read more

Updated on Jun 7, 2024 Investing in real estate is one of the most popular ways for Canadians to build their wealth. It’s relatively low-risk and offers the possibility of constant cash flow. Additionally, the tax breaks and long-term capital appreciation make this asset class a solid and attractive addition to any investment portfolio.  When … Read more

Over the last few months, it feels as though we’re all experiencing the effect of inflation, including the effect of inflation on Calgary Real Estate. Price increases have been a major factor in many people’s lives. With everything from rising grocery costs to higher prices at the pump, money simply is not going as far … Read more

One of the keys to succeed as a landlord is to find great, long-term tenants. And knowing what questions to ask potential tenants is the first step in finding good ones. Even though you may ask industry standard questions on a rental application, a good property manager should also use screening questions to make sure … Read more

Real estate insurance is too often seen by landlords as an unnecessary expense. That’s a huge mistake that can cause problems with your wealth and retirement plan and can even lead to financial distress. Having insurance for your real estate investment is of paramount importance. Here’s an overview of what good real estate insurance should … Read more

Calgary rent prices are experiencing an increase not seen in several years. According to data from the rental app Zumper, rent has risen at least 18% since last year. Right now the average monthly cost is $1,388 for a 1-bedroom apartment in Calgary and $1,578 for a two bedroom. Here’s what experts say we can … Read more

Most prudent owners of investment real estate have two primary objectives: cash flow and capital appreciation. Real estate, for most people, is their most significant investment and forms part of their wealth and retirement plan. Therefore, it’s essential to protect your property value.  With this level of importance, most landlords realize their investment needs to be … Read more

Regularly inspecting your Alberta investment property is fundamental to getting a good return. You or your property manager should be booking move-in and move-out inspections and an annual walk-through of the property. We have a free Alberta landlord property inspection checklist (below) for move-in and move-out, but what about those yearly visits? Many of our … Read more

We like to stress the importance of having a good Alberta Tenant Move-Out Checklist. Thorough move-in/move-out inspections are crucial to being efficient in changing tenants. To make money from a revenue property, you need to keep it occupied as much as possible. During the times your place is rented, you can count on covering the … Read more