07 Feb I would describe myself as a sceptical investor. It usually takes a lot of research before I am convinced. Surrey real estate convinced me. We have been looking after a number of properties in Surrey and the prospect of owning a brand new condo in Metro Vancouver starting from mid 300 thousand intrigued. I decided to take a close look…
29 Jun Here are some options available to you as a landlord; 1. Consider the month – to – month lease Month-to-month leases are fairly common and if your tenant happens to be on one, then it may be the easiest way to have them vacate in order to get to selling the property. Different locations have different rules on notifying tenants…
23 Feb Getting the rental property is the easy part of becoming a landlord. You need to get people to rent out your property and stay as long as possible and ensure that people will want to rent from you. Being a landlord can be such an exciting adventure, but it can be a complicated and overwhelming one if you don’t have…
06 Feb The Vancouver real estate market is growing according to the sales prediction made by the R.E. Association The Real Estate Board of Greater Vancouver (REBGV) reports that residentialhomesales in the region totalled 2,389inJanuary 2021, a52.1% increasefrom the1,571sales recorded inJanuary 2020 anda22.76per centdecreasefrom the3,128homes sold inDecember 2020. The B.C. Real Estate Association has just forecast sales for 2021 that are the…
31 Jan Famed for its epic terrain, Whistler is the go-to ski destination in North America. It’s one of those bucket-list places that you’ll want to visit again after experiencing all it has to offer. With Whistler Blackcomb being the largest ski resort in North America, and consistently ranking as number one, it attracts millions of visitors each year. Its over 200…
30 Jan The prospect of homeownership can, in itself, be daunting. So can the prospect of selling your house when you determine the time is right to make a move. Selling your condo can prove to be an equal challenge, especially since there are certain rules that govern what you can and can’t do to spruce up your condo property. Fortunately for…
29 Jan 1. Collecting a Security Deposit: Ensure that the Security Deposit is Part of the Rental Agreement Whether you own a large apartment building or a small duplex, make sure that you have a boilerplate rental agreement. Having a standard format with standard requirements will make any negotiation you may have with a potential tenant easier to manage and more quickly…
02 Sep Vancouver’s Real Estate market continues to show up despite Covid pandemic. The Real Estate Board of Greater Vancouver (REBGV) reports that residentialhomesales in the region totalled3,047inAugust 2020, a36.6per centincreasefrom the2,231sales recorded inAugust 2019, anda2.6per centdecreasefrom the3,128homes sold inJuly 2020. “People who put their home buying and selling plans on hold in the spring have been returning to the market throughout…
31 Aug There has been much written on BiggerPockets recently about property management – Do you use a professional property manager? Should you use a professional property manager? What do they do? Are they worth it? I’d like to discuss who we are as property managers, what property managers should offer, and why I think property management services can be of huge benefit to real…
28 Aug Habitat is a new condo development by Porte Communities , Hudson Morris and fabric living currently in preconstruction at 2520 Guelph Street, Vancouver. The development is scheduled for completion in 2022. Habitat has a total of 70 units. Habitat Details Website: lifeathabitat.comBuilding Address: 2520 Guelph Street, Vancouver, BC Building Type: CondoOwnership: CondominiumSelling Status: Registration Sales Started: 2018Construction Status: Preconstruction Construction Started: Winter/Spring 2021 Estimated Completion: Fall/Winter 2022Builder(s): Porte Communities , Hudson Morris and fabric living Architect(s): FormosisCeilings: –Interior Designer(s): Cristina…
28 Aug Main & Twentieth is a new condo developmentbyLanda Global Propertiesat 209 East 20th Avenue,Vancouver. The development was completed in 2020. Sales for available units range in price from $710,900 to $915,900.Main & Twentieth has a total of 42 units. Sizes range from 631 to 876 square feet. Main & Twentieth Details Website:landaglobal.com Building Address: 209 East 20th Avenue,Vancouver,BC Building Type:CondoOwnership:CondominiumSellingStatus:SellingSales…
28 Aug During these challenging and often confusing times, many Canadians have struggled with the payment of their rent. To address this crisis the government of British Columbia has set the rules on how to deal with the unpaid rent that every landlord should be familiar with. Here are the answers to the questions landlords have been asking: Can I end the…
31 Jul The Pros and Cons of Owner-occupied and Non-owner occupied Rentals Owner – occupied rental or non owner occupied rental? Investing in real estate has a range of great benefits. It is, classically, an investment. Along with text benefits and (hopefully) the property value steadily increasing, the idea of investing in a property has a wide appeal. Before doing so, it’s…
28 Jul The Final Walk Through Checklist for Homebuyers When purchasing a new house, you want to make sure everything is perfect. It is a big decision and a very long-term investment. It is important to conduct a final walk-through of your potential new home and check for any factors that may lead you to have a hard life while living there….
25 Jul Tips Before Buying a Rental Property If you are in the market for buying a house for yourself or to turn into your own property for rent or sale, there are factors that can change the process. Houses with tenants are one of those factors. Consider some of these tips before you attempt to buy a tenant-occupied house. I. RIGHTS…
22 Jul 5 Factors to Consider Before Investing in Property There are a multiplicity of reasons people might invest in property: cash flow, tax deductions, real estate leverage, and hopefully, a steady increase in the property’s value. Below are 5 things to consider before making the move. I. Are you going to be settled? This one doesn’t apply to those of you…
18 Jul Owning and Running a Rental Property There seems to be an ongoing conversation about how owning and running a rental is a great way to invest money. And really, what is not to like about it? You invest in something that you rent out and it practically pays for itself. Indeed, owning real estate to rent out remains a great…
15 Jul Understanding the realities of becoming a landlord YOUR GUIDE TO INVESTMENT PROPERTY. There are lots of things to like about being a landlord. After all, what is better than owning property and having that property provide you an income? Indeed, this is something that a lot of people aspire to but while you are busy dreaming, there are some realities…
Vancouver Real Estate is still the best investment today! Despite a bumpy 2019 for the housing market in Vancouver followed by a very challenging start to 2020, the housing market prospects are looking surprisingly good. It is, in fact an excellent time to buy. It’s a buyer’s market, rates are stable and there are attractive incentives for buyers looking to…
09 Jul Here are the top 5 home updates that will add to resale value Sprucing up your home in order to boost its value is a wise investment, and just like restoring vehicles, can lead to a profitable payoff when you are ready to move. These 5 improvements are popular in the market right now, and well worth the investment of…
06 Jul Your Guide to Selling Tenant Occupied Homes in BC Selling a tenant-occupied home is generally more difficult than selling an unoccupied home because you are dealing with people’s emotions around a threatened disruption of note. You’ll be bringing strangers into their home which will be disconcerting and inconvenient for them so you really need to get them on board with…
