Welcome to our Blog
Latest News in the Calgary Rental
and Real Estate Markets
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.
2023 Habitat for Humanity Build Days
As of August 2023, Power Properties has donated $25,000 to Habitat for Humanity, thanks to the generous support and donations of their tenants, clients and team members.
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.
Is Apple's Vision Pro Going To Change The Real Estate and Property Management Industry?
Apple recently released the Vision Pro. A device that seamlessly blends digital content with the physical world and can display 3D objects in your current space or transport you to totally new spaces. How will this impact the real estate and property management industry?
What Makes Power Properties Different from Our Competitors?
At Power Properties, building lifelong relationships with our property management clients isn't just a goal, it's a passion. We achieve this by doing three things better than anyone else: delivering a Premium Experience, upholding an impeccable Reputation, and embracing a Full Service Approach.
Taking Care of You and Your Properties: Power Properties' Exciting Expansion
Power Properties has expanded by adding 5 new licensed Property Managers to our team. Each Property Manager will have a smaller portfolio, allowing them to dedicate more time to understanding YOU, your goals, and your properties.
Power Properties Wins 2023 Torch Medium Business Award
On June 15, 2023, Power Properties was announced as the winner of the 2023 Torch Awards by the Better Business Bureau of Southern Alberta.
You’re Invited to Power Properties Stampede Breakfast!
Join the team at Power Properties for our Annual Calgary Stampede Breakfast! Thursday, July 13, 2023 from 8:30 AM to 10:30 AM.
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.
Understanding Rent Control: Pros and Cons of a Controversial Housing Policy
Rent control is a housing policy that has been implemented in various cities and countries around the world. It aims to regulate the rental market by setting limits on how much landlords can increase rent and providing stability for tenants. However, like any policy, rent control has its share of advantages and disadvantages. In this blog post, we will explore the pros and cons of rent control.
Rent-Ready: 5 Ways to Transform Your Property
Is your property rental property vacant? Use this vacancy period as an opportunity to make simple property updates that can enhance the viability of your property. In this blog, we list five ways to transform your rental property to attract quality tenants and maximize rental income.
8 Ways to Retain Quality Tenants
If you’re able to attract unproblematic tenants to your property and keep them there, then you won’t have to find new renters frequently. Here are 8 actionable ways you can convince quality tenants to stay.
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?
5 Qualities of an Ideal Tenant
When it comes to being a landlord, finding the ideal tenant is crucial for both your peace of mind and your bottom line. In this blog post, we will explore some of the qualities of the ideal tenant.
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.