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...
Saving Money for your Down Payment (Part 1)
When investing in real estate on your own, one of the first things you need to have is the down payment which is usually 20-25%, and in some cases up to 35% of the property purchase price. Without this sizable down payment, traditional lenders will not finance your...
Real Estate Investing = Tenants Finances your Future
I came across a blog post from REIN (Real Estate Investment Network) a few months ago that I thought would help my readers understand why real estate investing is one of the most powerful investment vehicles in the market. Here is what REIN Property Analyst, Ray...
The First Door is the Hardest
When successful investors talk about their property acquisitions, they always say their first door was the hardest. A few years ago, before I bought my first investment property, I wasn’t really sure what those investors meant. Since I decided to purchase, in 3...
Too Young to Start Investing in Real Estate? Not this 19 Year Old…
There is an old saying, “Who you journey with is who you will become”. This is the case with Ben Hoffmann, who had been working since the age of 16 as a framing carpenter during high school. While having lunch one day, he was listening to his older construction...
Want Real Estate Investing Success? Know Your WHY’s.
In my first blog post, “Journey to Liberty”, I expressed that my goal is to own real estate investment of 20 doors by year 2017. But WHY do I want to do this? Why does anyone want to do this? As real estate investors or business owners, before we start anything, it’s...
Regrets or Gratitude, You Choose
Regrets are missed opportunities, like a love unexpressed, a dream unrealized, a gift or talent unshared. Let's look at what some believe to be the 5 greatest regrets as you look back on your life before you die. [divider_padding] I wish I'd had the courage to live a...
Journey to Liberty
Let me introduce myself. My name is Teresa Leung and I am a Real Estate Investor and REALTOR®. My job is to help people’s money work harder for them through investing in strategic income-producing properties in Western Canada. Prior to doing this full-time, my real...