—– CASE STUDY 1
Investment property in Surrey BC
Our client was able to more than double their real estate investment in a period of five years.
Our client purchased a presale property in 2016 for $150,400. The unit was subsequently ready for occupancy in 2019 and we were able to help our client find a tenant at a stable rental rate with a monthly cash flow of $1,050 per month. Our client capitalized on the intense appreciation in the real estate market and decided to sell in May 2021, during a peak season for sales. As a result, our client cashed out on their residential property investment at a sold price of $310,000, with an impressive 106% return over their original purchase price. In short, our client was able to more than double the value of their real estate investments in just 5 years!
—– CASE STUDY 2
Investment property in Downtown Vancouver
Our client’s investment property sold in March 2021 in a highly active Vancouver market.
Our client came to us because of their decision to hold off on selling their property back in 2019 when the residential real estate market was soft and their property was sitting on the market for over two months. To begin with, we helped our client find a tenant to cover their holding period while the market was soft. We took care of managing the rental property until our client’s decision to sell in 2021. During this time, rental income of $35,000 was received over the holding period of a little over a year. The original purchase price was $395,000 back in 2016 and we helped our client sell their real estate investment in March 2021. The rental property was listed on the market for a total of 10 days and sold for $505,000.
—– CASE STUDY 3
Investment property in Whistler BC
The investment home sold in February 2021 for $1.7 million—more than double its renovated value.
In April 2016, our team helped our client purchase an investment property in Whistler BC for $585,000 (20% down payment). We then rented the home to a tenant while we were obtaining building permits to fully renovate the property to boost its investment value. As a part of managing the home improvement project, we worked through securing the trades and negotiations on behalf of our homeowner. After obtaining permits, we were then able to manage the important work of renovations. In the end, the renovation cost for the property was approximately $230,000 and was completed at the end of 2017. After we completed renovations, we rented the property on Airbnb in 2018. In spite of the pandemic, between 2018 and 2020, we generated $188,000 in investment revenues. If it was not for the pandemic, Airbnb revenues would be closer to $300,000. Ultimately, the investment property sold in February 2021 for $1.7 million.
