Bills are part of owning an apartment building. There's some that you're scared to open because you know they'll be ridiculously high, and then there are others you know won't break the bank. Ideally, you'd like to shrink—or eliminate entirely—the number of those heart-attack inducing bills, because they eat away at your profits and affect your bottom line.
Now that summer is behind us, it's time to look forward to sweater weather, cozy fires, and warm drinks. It's also time to prepare your apartment for this season, too. The more you do now, the less you'll be burdened with later.
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?
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. But who's to say they're doing a good job?
Starting January 1, 2017, carbon dioxide emissions from burning fossil fuels are taxed at a rate of $20 per tonne. That number is set to increase to $30 per tonne in 2018, and Alberta Premier Rachel Notley has said she'll respect the federal mandate to boost the price to $50 per tonne by 2022.
Topics: Keeping Costs Down