Owner Occupied or Non Owner Occupied Rental Property

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…

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BUYING A TENANT OCCUPIED PROPERTY

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…

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Considerations to Make Before Investing in Property

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…

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The 411 ON OWNING RENTAL PROPERTY

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…

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TOP 5 REALITIES OF BEING A LANDLORD

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…

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5 Good Reasons to Invest in Real Estate in 2020

12 Jul

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…

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5 Big Home Improvements that Add to Resale Value

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…

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SELLING TENANT OCCUPIED PROPERTY: 5 Ways to Make Selling Tenant Occupied Homes Easier

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…

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June 2020 Vancouver Real Estate Market Report

05 Jul

Despite the current economic uncertainty of COVID 19, Vancouver’s Real Estate market continues to show up. The Real Estate Board of Greater Vancouver recently released its monthly market report for the month of June 2020. REBGV report stated that residential home sales in Vancouver reached 2,443 in June 2020. This represent a 17.6 percent increase compared to the 2,077 sales…

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COVID 19: Commercial Rent Assistance Program Extended Through The End of July

02 Jul

Government announces extension of commercial property rent relief program in BC. WHAT YOU NEED TO KNOW; Property owners and small business tenants will soon be able to access funding for the month of July. Only those tenants approved in the April, May and June application are eligible for the July extension. If a business had an average revenue decline of…

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BC Government extends rental supplement and moratorium of rent increases, but other eviction rules will be changing soon!

30 Jun

People who have already been approved for the TRS don’t need to reapply, unless they’ll be living at a different rental property before August 31st. They will receive an email to confirm if the residential address will be the same through July and August. New applications will be accepted until the end of August and will be effective from the…

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Condo Crisis? Analyst warns of massive Metro Vancouver presale drop-off

30 Jun

Real estate market analyst is calling attention to the plummeting condo and townhouse presales For a while, BC’s condo market future was burning bright. Now, it would seem that the fire has been extinguished. An ABC real estate market analyst is calling attention to the plummeting condo and townhouse presales. The feeling that something was happening was palpable but they…

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Greater Vancouver home sales down 44% compared to last May, but prices remain steady

09 Jun

CLICK HERE TO DOWNLOAD THE LATEST VANCOUVER MARKET REPORT HIGHLIGHTS OF MAY 2020 Greater Vancouver home sales down 44% compared to last May, but prices remain steady VANCOUVER – The Real Estate Board of Greater Vancouver reported last Tuesday, May home sales were down nearly to 44% in Greater Vancouver compared to May of last year and more than 50%…

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BUYING A HOME DURING THE COVID-19 PANDEMIC

08 May

Buying a home during the COVID-19 pandemic Trying to buy a house or business location during a pandemic is anything but easy. While people are fending off the worst of the epidemic with social distancing and only going out for essentials, it’s easy to think that buying a home right now is impossible. Lucky for potential homeowners, real estate agents…

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SELLING YOUR HOME DURING THE COVID-19 PANDEMIC

06 May

Selling your house in a pandemic Some may fear that attempting to sell your home during a pandemic is not the right choice, and many sellers are waiting until the virus blows over and life returns to normal. There’s no need to the fear, however, because there are plenty of ways to sell a home electronically. While virtual open houses…

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COVID-19: SUPPORTS FOR SMALL AND MEDIUM BUSINESSES IN B.C.

29 Apr

Resources for Small Businesses Affected by Coronavirus The Provincial and Federal Governments are providing a wide-range of supports for businesses in British Columbia which are facing hardship as a result of the global COVID-19 outbreak. This list of supports is subject to change. Please contact support providers directly for eligibility and application details! 1. Work Sharing Program The government is…

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