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...
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....
New mortgage rules that can potentially affect you as an Investor
In October 2017, the Bank of Canada announced that new mortgage rules will be taking place beginning Jan 1, 2018. This will drastically affect borrowers if they are currently putting a minimum of 20% towards their down payment as of right now as they are enjoying the...
Do you have a home in Vancouver that is sitting vacant?
The City of Vancouver is implementing an Empty Homes Tax due to a lack of rental properties available. Properties deemed vacant will be subject to a tax of 1% of the property’s assessed taxable value. Mayor Gregor Robertson said,“Vancouver renters are in crisis, with...
Do Investors Need to Incorporate?
One of the most frequent questions my clients ask is, “Should I incorporate or use my personal name to invest?” There is no hard and fast answer for this, as everyone has different circumstances. As an Investor myself, and someone who has helped hundreds of investors...
2017 Rental Market Futurecast: What Investor’s Should Know
As investors, one of the first things we should look into when choosing where to purchase income properties is the economic fundamentals of an area. Does the area have a strong population growth? How is the job growth in the region? Are vacancy rates high or low? BC...
Are Foreclosures a Good Deal?
This post is by Point B Investment Team's John Su. John specializes in joint ventures and investment properties. He helps clients invest in the Alberta and British Columbia markets to successfully purchase investment properties, and provides helpful landlord tips....
Real Estate Investment Newbie Guide – what, when, where, why and how?
If you are an investment newbie, you probably have a lot of questions in mind. What is real estate investment? Why should I invest my time in it? Is it worth investing my time? Where do I look? When do I start? How do I proceed? To help clarify things, here is...
5 Tips to Investing in Vancouver Real Estate
If the Vancouver real estate market has you wondering whether it’s even possible to earn your desired passive income, we have a few tips to share with our valued Investors and Investors-to-be to help you decide and invest with confidence. Tip #1: Always do a cash flow...
The Secrets of a Landlord – Rent Increase in BC, Canada
There are many expenses that will pop up for landlords, even when you rent to good tenants. This is simply because having somebody living on a rental property comes with expenses: the dishwasher will break, the washing machine won't work properly, etc. As such, you...
The Secrets of a Landlord – Tenant Selection Plan
Picking the right tenant for your rental property can be as difficult as picking out the perfect chocolate from a box of all kinds that look the same, but taste very different. After all, you could be getting one that looks great on the surface, but is bitter on the...