Welcome to our Blog
Whether you're a landlord navigating Calgary's rental market, an investor eyeing Edmonton's growth, or an owner exploring property management in Lethbridge or Medicine Hat, this blog is built for you. We cover property management, real estate investing, and sales across Alberta - with practical insights to help you protect your investment and make smarter decisions.
Latest News in the Alberta Rental
and Real Estate Markets
The $10,000 Mistake: The Hidden Costs of Self-Management
Owning a rental property can be a rewarding investment, but it also comes with risks—especially if you choose to manage the property yourself. While self-management might seem like a way to save money, one misstep can lead to significant financial consequences.
New Mortgage Rules and You
October 1, 2024 - The Canadian government has rolled out new mortgage rules that could make homeownership more accessible and affordable.
Win 2 FREE Tickets to the Calgary Fall Home Show!
Enter our Calgary Fall Home Show giveaway for a chance to win 2 FREE tickets! Happening from September 27-29 at the BMO Centre. Contest ends September 25th—sign up now!
Increasing Supply and Demand
September 1, 2024 - Jamie Palmer, President & Broker of Power Properties, offers a detailed look at the current state of Calgary's real estate and rental market in this latest update. As rental rates begin to slow due to affordability concerns and rising demand from inter-provincial migration, the balance between supply and demand is becoming increasingly intricate.
Why Should I Hire Power Properties?
Managing a rental property can be daunting, and many property owners wonder if hiring a property management company is worth it. At Power Properties, we offer comprehensive services designed to make property management easier and more efficient.
New Opportunties in Southern Alberta
August 1, 2024 - Calgary’s prices continue to see year-over-year and month-over-month increases. As Calgary's market becomes increasingly competitive, Southern Alberta offers attractive alternatives for investors and homebuyers.
Navigating Calgary's Rising Rental Market: What $2,000 Can Get You
As the rental market across Canada experiences significant shifts, Calgary stands out with one of the highest year-over-year rent increases. According to the latest data from Statistics Canada, rent prices in Alberta soared by 16.2% in April 2024 compared to the previous year. What does this mean for renters?
Renting vs. Owning in Calgary: What’s the Best Choice for You?
Deciding whether to rent or own a home is a significant decision that depends on various personal, financial, and lifestyle factors. To help you make an informed choice, we've outlined the key pros and cons of both renting and owning a property in Calgary.
Join Us for Power Properties' 3rd Annual Pancake Breakfast!
Join the team at Power Properties for our Annual Calgary Stampede Breakfast! Wednesday, July 10th from 8:30 AM to 11:00 AM.
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.