How to Pay Off Your Mortgage in Less than 10 Years?
I recently read a book called the Smith Manoeuvre by the late Fraser Smith, a financial planner, written in 2002. Just a disclaimer, I am in no way affiliated with Fraser Smith or have anything to gain by helping sell his book, but I feel it’s my duty to report to...read more
What’s the Best Area to Purchase An Investment Property?
We often get asked, “where is the best area to invest?” Or, “would it be better to invest out of town or close to home?” These are all great questions, and the best answer would be to look where new jobs are being created. With the creation of new jobs means more...read more
Are we finally entering a Buyer’s market?
With recent news headlines such as “Housing prices in Vancouver dropping due to greater supply,” “B.C. residential sales decline,” and “B.C. residential real estate downturn largely behind us,” I bet you’re all rather confused as to what’s going on in the real estate...read more
The Amazon Effect
It was revealed just two months ago that Amazon will take over the existing Canada Post building in Downtown Vancouver. This move entails providing 3,000 new jobs to the city and along with many others – even Prime Minister Justin Trudeau is in favour of this....read more
New Home Pre-sales Continue to Plummet in the Greater Vancouver Area
It appears that the rate of pre-sale condos and townhouses being sold now are steadily declining across the Lower Mainland and the Fraser Valley, with Downtown Vancouver being affected the most. According to a mid-year report published by MLA Canada, a real estate...read more
Will BC Experience a Market Crash by the end of 2018?
There's been endless news articles during the past year talking about the Vancouver real estate market and if the bubble will pop anytime soon. Of course, none of us have a crystal ball to foresee the future, but as a real estate agent and investor who is very active...read more
When is it the right time to sell your investment property?
Often, my investor clients ask, "when it is the right time to sell"? My usual response is to advise against selling an investment property as the investor would need to pay capital gains tax. As opposed to selling the property outright, I suggest re-financing every...read more
What the new Airbnb rules may mean for you
On April 19, after a long withstanding over short-term rentals, the city of Vancouver and Airbnb have come to an agreement permitting citizens to legally use their primary residences for short-term rentals. What used to be more lucrative for homeowners is now limited...read more
Cannabis Legalization: Could this affect you as a Homeowner?
With the deadline of the legalization of cannabis approaching us this summer, it is inevitable to think of what this may mean for Homeowners. The legislation of Bill C-45 enables individuals to engage in cultivating cannabis plants at home - depending on the...read more
Bye Bye Vacancy Clause!
A little update on one of the secrets we gave to you Landlords in the fall of 2016 by introducing you to the vacancy clause... We spoke about using the vacancy clause to your benefit - as it enables you to reset rents on an annual basis which helps you acquire market...read more
BC Budget 2018 and how it may affect Real Estate Investors
On Feb. 20, Finance Minister Carole James unveiled the NDP’s 2018 budget plans which included a 30-point plan in hopes to establish a fairer housing market – by stabilizing it, cracking down on real estate fraud and in creating more rental housing units for citizens....read more