What to Expect from the Phase Two Changes to The Alberta Condominium Property Act
A brief summary of Stage One and Two regulation changes that came (or will come) to the The Alberta Condominium Property Act.
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Property Management
With nearly 40 years in business, Braden Equities Inc. is one of the premier property management companies in Edmonton and the surrounding area. Our management style is tailored to the unique needs of each one of our clients, and we work as a team to ensure that every project is treated with the care and attention it deserves. We pride ourselves on having the best staff in the industry, backed by strong, proven management systems that deliver results. We firmly believe that paying attention to the details can make all the difference.
Should You Renovate Your Investment Property in 2019?
When considering renovating an investment property, investors must always keep in mind what benefits they can realistically to achieve from such an undertaking. Whether it’s attracting new tenants, keeping current ones satisfied, or reducing vacancy rates and turnover, the goal is to add value to your property that can be realized with a greater return on investment.
Read Full Article ›What are the Current Rules for Rent Increases in Alberta?
In Alberta, there is no limit on how much a landlord can increase the rent. So, what are the rules for rent increases in Alberta?
Read Full Article ›How to Find and Attract Quality Tenants
Attracting great tenants is key to running an excellent rental property, but finding the right tenant is always a challenge for property managers. Quality renters are out there, but they won’t fall on your lap. Spend the time to come up with good ads that will attract quality tenants.
Read Full Article ›How Marijuana Legalization Affects Insurance Costs in Properties
Yes, cannabis is legal in Canada, but there are provisions to follow if people want to use it recreationally. Learn how this impacts property insurance costs.
Read Full Article ›Proper Building Maintenance and Building Assessments
Proper building maintenance and building assessments are a vital part of property management. A building performance targets the areas of your apartment that cost you the most money and eat into your profits. It puts each expense under a magnifying glass, looking at it from every angle possible and evaluating it compared to averages.
Read Full Article ›What You Need to Know about Cannabis in Condos
For many condo owners and tenants, this legalization won’t change the outcome; that means they won’t be able to smoke cannabis in condos. But what does this mean for individuals who depend on marijuana for medicinal purposes?
Read Full Article ›Welcome to Braden Equities Inc.’s New Home on the Internet
Braden Equities Inc. has officially launched their new website!
The site, which is a more modern, dynamic and carefully planned portal to position Braden Equities Inc. among the leading real estate companies in the country, is easier to navigate and explore.
5 Ways A Property Management Company Can Save You Money
If you were to keep track of all of the time spent on phone calls with tenants, maintenance repairs, and other tasks, it would add up to be a full-time job.
Read Full Article ›What Is A Spring Walkabout And Why Are They Important?
Spring has finally arrived in Edmonton and with its delayed arrival, people can now see the remnants of winter’s damage.
Read Full Article ›Reasons Why You Shouldn’t Manage Your Investment Property
Purchasing an investment property can be an exciting endeavour. If your apartment building is in an excellent location, in good shape and has the right tenants, you can earn a lot of money from your rental units.
Read Full Article ›Rental Pools Can Boost Your Financial Portfolio
For those investors that like to have some certainty in their portfolio, being a member of a rental pool is the way to go!
Read Full Article ›How To Manage College-age Tenants
If you’ve been strategic enough to purchase an apartment building near a college or university, there’s a 99% chance most of your tenants will be students. Affordable dorms are becoming rarer, so students are looking elsewhere to find rooms for the school year. Lucky you!
Read Full Article ›Conquering The Laundry Battlefield: How To Bring Tenants Some Peace
In newer apartment buildings, units have a washer and dryer hookup. The older ones have no such luxury. For many tenants, this room is the most frustrating part of living in a building community. It’s here where respect is little, revenge is sweet, and clothing is no more.
Read Full Article ›10 Tips For Beginner Real Estate Investors
We want you to find success in your endeavour, so we want to give you some tips about real estate investing. Put them to good use, and you’ll be a pro in no time!
Read Full Article ›Transitioning Property Management Companies: What Braden Equities Inc. Requires
Are you feeling underwhelmed by your current property management company because they aren’t delivering on their promises? Is your apartment building suffering from maintenance issues, high turnover, or high vacancy?
Read Full Article ›A Go-To Move Out Checklist for Landlords
A go-to move out checklist is an essential tool for landlords. Moving tenants out of rental units requires thoroughness and keen observation, which a move out checklist assists with. It also serves as an official record of wear and tear in a suite.
Read Full Article ›Is Your Property Management Company Still Profitable During a Downturn?
Everyone knows there’s a big difference between talking the talk and walking the walk. Property management companies can excite you with plans and promises, but do they actually deliver on them? Is the one you hired worth the expense?
Read Full Article ›How to Raise the Performance of Your Apartment Building
If your apartment building is underperforming, something is off within your operations of the property. Losing money on your investment could be a lack of management experience, poor quality tenants, or lackluster amenities.
Read Full Article ›How Real Estate Investors Can Dig Their Way Out of Alberta’s Economic Hole
Alberta’s recent recession is still on the minds of people throughout the province. As it’s likely to go down as the worst yet that the province has experienced, it’s no wonder people can’t stop talking about it; neither can investors.
Read Full Article ›5 KPI’s to Track the Effectiveness of Your Property Management Company
Enlisting the help of a property management company makes sense for many investors who may not have the time to devote the proper attention to their investment. A property management company can maintain and improve the day-to-day operations of your multi-family building.
Read Full Article ›How Property Management Expertise Can Help Improve Your Multi-Family Building Performance
Being a landlord isn’t the easiest job by any means. In fact, if you’re not up to it, your multi-family investment property can suffer due to inexperience, a lack of direction, or a wayward strategy.
Read Full Article ›Why Proactive Multi-Family Maintenance Is Profitable
You know the saying, “an ounce of prevention is worth a pound of cure,” well this is especially true for the maintenance of an investment property. It is almost always better to perform regular, simple maintenance on your own schedule.
Read Full Article ›Get Your Online Apartment Rental Ads Noticed With These 5 Tips
Advertising online is an effective avenue to fill vacancies in your multi-family building. Not only is online advertising more cost effective than traditional print methods, but it has a much farther reach, allowing hundreds of people to view your unit.
Read Full Article ›Braden Equities Adopts New Technology to Enhance Client Experience
At Braden Equities, we strive to be a leading property management company that investors or condominium corporations can turn to for assistance in running their multi-family building(s).
Read Full Article ›5 Qualities of a Great Property Manager
Finding an exemplary property manager can be a big task. This person will be the one looking after the building, taking care of day-to-day operations, and keeping a low vacancy rate. That’s a big order to fill, and so you need someone capable of doing the job.
Read Full Article ›How to Protect Your Property From Sewer Backup
Sewer backup is a messy business and can cost you thousands of dollars in repairs. You would have to fix your sewer line and any damage the backup may have caused to your multi-family property. When it comes to sewer backup, it’s worthwhile to be proactive instead of reactive.
Read Full Article ›5 Tips on How to Build a Strong Relationship With Your Property Manager
As much as you may not like to think this, you can’t be a one-man show—at least not an effective one. It’s hard to be responsible for the daily operations of your investment when you don’t have the knowledge or experience needed.
Read Full Article ›How Location Affects Your Apartment Building’s Profitability
Multifamily prices and rental rates vary from one neighbourhood to the other depending on neighbourhood characteristics and environments.
Read Full Article ›6 Tips for a Great Tenant/Property Manager Relationship
The business of managing property is really a business about relationships. Building and maintaining these relationships will help you as a property manager create a friendly, close-knit condo community.
Read Full Article ›A Guide to Choosing the Best Property Management Company
When searching for a reputable property management company, it will become apparent that there are numerous property management companies to pick from, and this can make it difficult to make a decision.
Read Full Article ›Crash Course: Property Management
In your hunt for the right partner, it is important to recognize that there are excellent property management companies out there who can completely change your investment experience.
Read Full Article ›Choosing a Property Management Company for the Right Reasons
Property management requires a significant investment of time and effort. That’s why many condominium corporations will decide to hire a property management company.
Read Full Article ›How to Prepare Your Multifamily Building for Winter After Thanksgiving
Thanksgiving is just around the corner. Family, food, and fun are all parts of what Canadians love about this particular holiday.
Read Full Article ›What Are the Differences Between a Resident Manager and a Property Manager?
If you live in or are invested in a multifamily property, you may have asked yourself, what’s the difference between Resident Managers, and Property Managers?
Read Full Article ›Behind Braden Equities Inc. – Meet Braden Paquette
Braden Paquette, B.Mgmt, Vice President of Braden Equities Inc. began working with the company in 2005 and has now acquired shares, which in a few years will eventually lead to his assuming the role of Broker.
Read Full Article ›How Can I Maintain Effective Tenant Communication?
Every property owner and manager knows that effective and regular communication is essential to running an efficient and profitable building. But that doesn’t mean they know how to do it right.
Read Full Article ›Location and Property Management: Urban Versus Suburban
It may not seem like the location of a specific apartment building would have a huge impact on the way in which the property should be managed.
Read Full Article ›Should I Lease or Buy Laundry Machines for My Multifamily Building?
Whether you’re a 10-unit multifamily building, or a 30-unit apartment complex, getting the equipment to take care of your tenants’ washing of clothes is fairly important.
Read Full Article ›Reducing Your Vacancy Rates: 3 Case Studies
Vacancy rates will be the determining factor that makes or breaks your investment property. If your vacancy levels remain high for an extended period of time then it is likely that you will be losing money.
Read Full Article ›Why Renovating Your Income Property in a Tough Economy Is Smart
The last year has been very difficult for many multi-family property owners in Alberta. The average property investor has experianced reduced spending and higher vacancy rates as a result of the recession which has had a tough impact on real estate investors in particular.
Read Full Article ›4 Traits of an Effective Property Management Company
First of all, it is important to recognize that in general, property management companies don’t have great reputations. They likely get this bad name because the majority of them are not of high quality.
Read Full Article ›How the Coming Decades Will Shape Edmonton’s Downtown Core
Downtown Edmonton has been riding quite a development wave for the past few years. There has been an influx of announcements regarding major construction projects in the city’s core. Many of these ventures will be new office, residential or government developments.
Read Full Article ›Why Rent a Suite That Is Managed by Braden Equities Inc?
With over 40 years in business, Braden Equities Inc. is one of Edmonton and area’s premier property management companies.
Read Full Article ›5 Ways to Decrease Tenant Turnover
Making sure that tenants are happy should be a top priority for all property managers. The more satisfied they are with their living situation, the more likely they will stay with you long term, and that you won’t have to deal with the complications of tenant turnover.
Read Full Article ›What Services Should a Property Manager Offer?
Hiring a property manager is the best way to keep the day-to-day tasks of running your real estate investment under control.
Read Full Article ›7 Tips for Proactive Building Maintenance
The biggest test that a property manager will face is not how well they run things when there are no problems, but how they respond during an emergency or crisis.
Read Full Article ›Preventing Property Management Problems During the Holidays
It’s every landlord’s worst nightmare. You’re just sitting down for a family dinner during the holidays when your phone rings. It’s a tenant calling, and they have an emergency, so you’re going to have to go deal with it.
Read Full Article ›Decorating Your Building for the Holidays
The holidays are a wonderful chance to surprise and delight your tenants. Creating stunning holiday decorations for your building’s exterior or interior greatly enhances the entire property. Not only will your renters feel like their landlord really cares, but your image will also receive a boost, and people’s spirits will genuinely be raised.
Read Full Article ›What’s the Best Gift for Your Tenants?
It’s important to do something for your tenants at least once during their tenancy, and the holidays are the perfect opportunity to do so. Showing your appreciation to your favourite tenants encourages them to continue renting with you, and gifts for the more mediocre tenants influence them to be better.
Read Full Article ›Advancements in Property Management Technology
Over the past decade, technological advances have completely revolutionized the property management industry.
Read Full Article ›Waste Disposal in Commercial Properties: Part 2
One of the best ways to cut down on the costs of waste management in your commercial property is to encourage your tenants to recycle and reuse things instead of throwing them in the garbage.
Read Full Article ›Waste Disposal in Commercial Properties: Part 1
One of the easiest ways to cut down on and eliminate unnecessary costs is to properly manage your investment’s waste disposal. Quite simply, an apartment or condo building with garbage and litter strewn about is the fastest way to lose tenants. If owners want to avoid this, they have almost no option but to bite the bullet and clean the mess up.
Read Full Article ›Laminate Flooring Versus Carpet: Part 2
This is an important question for all landlords, and of course there is going to be upside and downside to either choice. Every situation is different depending on variables such as what type of renter you have, or how much money the unit brings in.
Read Full Article ›Laminate Flooring Versus Carpet: Part One
Most landlords have to undergo the painstaking process of renovating or upgrading their property at one point or another. Unfortunately, it’s often after something unpleasant has happened, such as a flood or fire, or even damage from tenants.
Read Full Article ›LED Lighting Versus Traditional Lighting
There is almost nothing worse than dingy apartment building hallways, depressing lobbies, dismal laundry rooms or scary parking lots. Sometimes these problems are just a matter of lighting.
Read Full Article ›7 Ways to Reduce Your Lawn Maintenance
When it comes to the common lawn spaces in condo and apartment buildings, some owners are deciding that less is more. That means less mowing, less edging, less fertilizing and less weeding, which in turn means lower costs and more time to focus on other tasks.
Read Full Article ›What Is the Role of a Property Management Company?
Most tenants will be aware that property managers exist, but they might not know what they do on a day-to-day basis. Essentially, a property manager is a third party who is hired to act on behalf of the investor or owner of the property.
Read Full Article ›4 Qualities of an Outstanding Property Manager
First of all, it is important to recognize that in general, property managers don’t have great reputations. They likely get this bad name because the majority of them are not of high quality.
Read Full Article ›The Braden Vision: Interview With a Property Manager – Part Two
Recently, we sat down with John, one of the property managers here at Braden Equities. We had the chance to ask him about his experiences in property management, the challenges that he faces day-to-day, and where he sees the industry headed.
Read Full Article ›The Braden Vision: Interview With a Property Manager – Part One
Recently, we sat down with John, one of the property managers here at Braden Equities. We had the chance to ask him about his experiences in property management, the challenges that he faces day-to-day, and where he sees the industry headed.
Read Full Article ›The Braden Vision Part Two
Recently, we sat down with our very own Braden Paquette, Vice President of Braden Equities, and the son of Bob Paquette – President, owner and founder of the company.
Read Full Article ›The Braden Vision
Recently, we sat down with our very own Braden Paquette. For those of you who don’t know, Braden is the Vice President of Braden Equities, and the son of Bob Paquette – President, owner and founder of the company.
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