Canmore: 403.678.3000  Calgary: 403.290.1912  Edmonton: 780.455.2211   



Welcome to Asset West Property Management.

Serving our clients and bringing professional, cost effective, and personalized management to your condominium or investment property. Headed by CPM®(Certfied Property Manager), CMOC (Certfied Manager of Condominiums) our team is your team, from the start to the finish. Whether your property is a single investment property, a 4 unit condominium complex, or an apartment building or a 255 unit plus condominium complex, why not have the Asset West team on your side.

Did you know...We are the only Canmore/Banff firm with a CPM and CMOC. We were the first Canmore/Banff firm to bring full website advertising of rental properties. We were the first Canmore/Banff firm to bring you "condominium documents online"!

In The News:


 
Encore
Friday, July 11, 2014
Thank you to all the owners who took the time to attend the 1st AGM of Encore. Meeting Minutes and announcement of your new Board of Directors will be mailed out to all owners by July 31, 2014.
Vantage at Evansridge
Friday, July 11, 2014
Welcome to all the new owners moving into Vantage! We look forward to meeting and working with you!
Stonecreek Condominiums Annual General Meeting
Monday, April 07, 2014
A reminder to all Stonecreek Condominium owners that the 1st Annual General Meeting is taking place at the Cochrane Legion on Thursday April 10th, 2014 at 6:30pm (registration begins at 6:00pm), as advised in the formal AGM notice issued on March 7th, 2014.
Professional property manager helps protect rental investment: Weisleder
Thursday, April 03, 2014

We have recenlty came accross a great article that we hope you will find useful...

More and more Canadians are buying rental residential real estate for investment purposes. These properties offer in most cases, stable income that pays almost all expenses, with a real estate asset that will typically appreciate in value in the long term. However, there are many pitfalls with becoming a first time landlord. The good news is that with the assistance of a professional property manager, you can be protected and have peace of mind that your investment will be secure for the long term.

Here’s why:

Tenants are properly screened: One of the toughest parts of owning a rental property is properly screening tenants in advance. If a mistake is made and the tenant stops paying rent and uses the system to delay, the owner will be faced with unpaid mortgage and other bills that could threaten their ownership. A property manager knows what information to look for and what questions to ask before renting out your unit, to assure that this does not occur. Problem tenants typically stay away when they see that a professional manager is reviewing all applications.

Rents are collected in a timely manner: Property managers generally have offices where it is easy for tenants to pay the rent, if they cannot pay by post-dated cheques or pre-authorized payments. You do not have to arrange to meet with the tenants at odd hours to collect rents. If rents are late, the property manager will likely start eviction proceedings to make sure that tenants get the message and pay the rent on time.

Repairs and Maintenance are attended to promptly: Do you really want a call at 11 pm that the furnace just broke down? With a property manager, all problems, 24/7, are directed to the property manager office. The property manager will have a list of approved contractors who can complete any repairs in a timely and cost-efficient manner, to keep both the landlord and the tenant happy. The property manager will also conduct routine maintenance checks to make sure that furnace filters, eavestroughs are cleaned in a timely manner, so that problems do not arise in the future.

Sharon Goldberg, President of Dash Property Management, which specializes in condominium properties downtown, tells me that his firm will also conduct property visits every three to six months to make sure that the tenant is properly looking after the unit. If the place is a mess, follow up visits are scheduled to make sure that the tenant properly looks after their own obligations.

All income and expense statements available online: Property Managers will typically collect all rents and pay some bills for the owner, usually property taxes and insurance. Most management companies have their own insurance policies that offer better rates and coverages than what an individual owner can negotiate in the market. The manager can then add the owner as an additional insured on the policy, making sure you have all the required coverage should anything happen. They will also ensure that the tenant takes out proper contents and liability coverage to protect the tenant as well. Landlords then have access on-line to these statements, which can be easily printed and given to their accountants for income tax preparation.

Managers believe in relationships: Managers are not exclusively on the landlord’s side. If the tenants are happy, they look after the property better. That is why the main goal of property managers is to solve problems quickly, so both landlords and tenants are happy long term.

The cost is very reasonable: Brandon Sage, of Landlord Property & Rental Management Inc., tells me that for a little over $100 a month, an owner can enjoy the benefits of a professional manager. As Brandon says, if your time is worth at least $30 an hour, then for less than four hours each month, you can have peace of mind.

Goldberg adds that for most investors, you do not think twice about trusting your stock portfolio to a professional manager. Why would you not do the same with your real estate properties?

It is not easy being a landlord. Using a professional manager will give you peace of mind and a safe investment over the long term.

Mark Weisleder is a lawyer, author and speaker to the real estate industry. You can contact him at mailto:mark@markweisleder.com

Condo Delights
Tuesday, March 11, 2014

A poem written by one of our clients we hope you will enjoy...

Condo Delights

A poem by Jean Egert

 

Condominium living
can be quite a delight,
or on the other hand,
a terrible fright,
when owners
are lacking essential insight!
 
A move at midnight
is just the thing,
or trying to see
if the fire alarm rings.
Water the grass?
Why don't be an ass,
when praying for rain
is so pleasant a task!
Water the grass --
oh please don't ask
as keeping it cut
is nuttier than nuts.
Repair the boiler?
You must be joking.
Better to focus on,
just keep hoping --
we'll squeak through fine,
so let's all think
of it another time.
There are mice
at ******** Condo Place,
and we've told you this
straight to your face --
that your daughter's cats
are the culprits here
or we wouldn't find
the mice so near.
 
Yes, condo living is quite a delight,
developing maturity, wisdom, and ongoing insight.
Dealing with ignorance
with tact and grace,
and leaving a way
for John to save face!
Then wondering when community
with all its charm,
will start to build
and overcome the harm,
of ignorant owners
lacking insight
and others moving in
on the stroke of midnight.
Rental Market Strong
Thursday, January 09, 2014
While winter is usually a less popular time to move, the current rental market in both Canmore and Calgary remains strong. Rents have recovered from the slump of 2009-10 back to more sustainable levels. Canmore in particular has good demand with most properties lasting less than 30 days on the market. This means that potential landlords need not wait until spring to put their properties up for rent.
Thank you to all!
Friday, July 26, 2013
What a great sense of community we have in both Canmore and Calgary, thank you to all the volunteers and First Responders for all the help and asisstance they have given to those affected by the flooding this past month.
State of Emergency Update Calgary, Canmore & Banff
Friday, June 21, 2013
Due to the state of emerency for Calgary, Canmore & Banff we are currently working to ensure our propeties are maintained during this downtime. If you are contacting our office for any reason other than an emergency we will return your call as soon as possible. If your call is of an emergency nature please contact the
following number in your area: Canmore & Banff: 403-493-4633. Calgary: 403-710-2523
 




Chestermere Executive 3 bedroom home
$RENTED!/mo.


Berwick Drive NW, Duplex
$Rented/mo.


THE SAWYER AT SILVERADO, Unit 1214
$1,495.00/mo.


The Breeze, Airdrie
$RENTED!/mo.


The Breeze at Bayside
$Rented to a wonderful new family/mo.


2 Bedroom Apartment
$RENTED!/mo.


2 Bedroom at The Milano in Panorama Hills
$Rented/mo.


The Milano, 2 Bedroom!
$Rented/mo.


Heritage Landing- 2 Bedroom, Underground Parking
$RENTED/mo.


York 29 at the New Brighton
$1585.00/mo.


Heritage Landing - New Rental Listing
$RENTED/mo.


Beutiful furnished home in Hawkwood
$Rented to a wonderful family/mo.


Silverado
$Rented to nice new Tenants/mo.


Drake - luxury condos
$RENTED/mo.


Drake in Beltline
$RENTED/mo.


The Drake, Fully Furnished
$Rented!/mo.


Elbow Park, Council Way SW
$RENTED! /mo.