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...
The Secrets of a Landlord – Understanding the Vacancy Clause in BC
I’ve been a landlord for over 15 years, and I'm very fortunate to have had great tenants all throughout that time. Other landlords haven't been so lucky. Over the years, I’ve heard from fellow real estate investors and have read stories in the news about tenants who...
The Secrets of a Landlord – Guide to Short-term Rentals
Many of my investment properties are furnished short-term rentals in Vancouver’s Fraser Valley and Kelowna, BC. I like short-term rentals as an investment strategy because I can charge ‘per night’ as opposed to ‘per month.’ For example, when I charge $100.00 to...
New Property Transfer Tax Change: What you need to know
The BC government is increasing the Property Transfer Tax by 15% tax for foreign nationals. The additional tax applies to all applicable transfers registered with the Land Title Office on or after August 2, 2016, regardless of when the contract of purchase and sale...
Real Estate Joint Venture vs. Investing on Your Own
“Teresa, why would I ever want to partner in a Joint Venture real estate deal and give up 50% of my equity, mortgage pay down and cashflow, when I can invest on my own and make 100% of the profits?” Before I answer this question, let me explain what real estate joint...
Success Story: How first-time landlords found great tenants
One of the things I enjoy here at Point B Investments is watching clients, like the Storys, succeed in building wealth through strategic real estate investing. Ross and Mary Story were interested in real estate investing as a way to create some additional income, but...
Teen spots good investment deal
If there's one thing I say over and over again to clients, it's to make sure your investment generates positive cash flow. Here's an example of a savvy teen who understood this principle, so much so that Ellen Degeneres interviewed her! Click on link to...
Competing with other buyers?
You’ve found a property you’d like to investment in, but there’s a good chance that the seller will receive multiple offers. What can you do to increase your chances of winning the bid? Price An obvious thing to consider is price. It’s a good idea to put in your best...
Confessions of a Former Seminar Junkie
With a plethora of real estate investment seminar companies in the Canadian marketplace promising massive wealth, it’s hard for a novice investor to determine which is best for their individual set of circumstances. In the pursuit of real estate investing success, I...
Refocus, Recharge and Roar into 2016!
With a new year comes an opportunity to reflect the past year’s successes and lessons learned, and set goals for the upcoming year. As a Real Estate Investor, I reviewed my life priorities, added goals associated with each of them, and defined a plan of action to...
How lucky we are
Sometimes when we’re busy or stressed we forget how good we have it, until news from around the world, or even down the street, jars us back into gratefulness. Below is a slide deck that has been passed around online for years. Perhaps you’ve seen bits and pieces of...