Best Materials for Refinishing Stairs
Staircases tend to capture the eye because of the way they transcend from one level to the next. If your rental property’s stairs have seen better days, though, you might not like the message that your staircase is sending potential tenants. Whether you’re simply...
6 Rental Property Maintenance Tasks That May Save You Money
The long, dark days of winter are upon us, and with COVID-19 still keeping us closer to home, we’re keenly aware of all the maintenance tasks we’ve put off or let slip through the cracks. And we hate to break it to you, but it’s time to get to work. We know you’re...
Is real estate still a good investment for Calgarians?
Long before the stock market existed, before salt was considered as valuable as gold and before humans first struck oil, the asset that was most sought after was land. Real estate investing has evolved, but today investors still seek out land as a way to diversify...
Deductions Most Landlords Don’t Claim But Should
Whether you are a real estate mogul or just getting started with your first rental unit, if you’re receiving money for rent, your silent investor needs his cut paid. Never heard of this silent investor? We are talking about Canada Revenue Agency (CRA) and they always...
Tips and Tricks for Persistent Drafts
Oh, baby, it’s cold outside… and inside, too, if you’re standing close to a drafty window, door, or mysterious source of outside air. Persistent drafts are funny things. They can be massive pains when the wind blows just right, and almost unnoticeable when it’s still,...
Happy Holidays from all of us at Westhawk Property Management
On behalf of our entire team, we want to wish you a Merry Christmas and a happy holiday season and share with you how we are planning to serve you better in 2021. 2020 has been an incredibly trying year, one filled with unprecedented challenges that none of us ever...
What I Wish I Knew Before Investing in Rental Properties
There is an army of self-proclaimed real estate experts selling courses online on how to achieve financial freedom and get rich quick through real estate investing. The best way to learn anything new is to dive in and make mistakes and then to learn from them. The...
Rental Properties are Passive, right?
What’s not to love about earning money in your sleep? That’s the idea behind passive income, which is income you regularly earn without any additional work to maintain it. You put in a certain amount of time or money up front, then let the money roll in while you sit...
FAQs – Residential Leases
Does the lease have to be in writing? In Alberta, you do not need a written resdiential lease. However, a written lease is a good idea because then both the landlord and the tenant are clear on their responsibilities. If there is a dispute at a later date, having a...
Foreclosure Deals
Buying a rental property can be incredibly exciting and terrifying at the same time, especially if it’s your first rental. For a lot of buyers today, the idea of getting a killer deal is the ultimate goal, one that you may have heard is possible with a bank-foreclosed...
