Under Investing in Real Estate

Just Sold: 1140 Edgewater Drive, Squamish

With a tight rental market in Squamish, this 1/2 Duplex including 3 Bed and 3 Bath PLUS a 1 Bed Nanny Suite will provide $3500-$3800 rental income a month. Offered at $765,000, my clients will have someone else pay their mortgage!  [read more]

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Canada Not Alone in House Price Mania

The dramatic rise in Canadian house prices has been making headlines almost daily. And for good reason: prices in and around the country’s hottest markets, Toronto (and until recently) Vancouver, have been posting double-digit annual gains. In May, prices in Toronto and Vancouver were up year-over-year 29% and 8.8% respectively. But Canada isn’t the only country experiencing skyrocketing home prices. [read more]

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Winners and losers from Ottawa’s new mortgage rules

Millennials crying foul over sky-high home prices in the big city are being dealt another blow – within two weeks it will be a lot harder to get a mortgage. The first-time homebuyer is a key casualty of Ottawa’s latest attempt to take some risk out of the country’s housing markets, but those young Canadians aren’t alone. [read more]

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Vancouver Home Prices Will Be Higher This Time Next Year: Leading Economist

The “policy shock” of the new foreign buyer tax has created a “temporary market disruption” that will play out over the next three to six months, after which “market fundamentals” will mean the market recovers, according to a leading economist. [read more]

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$900 a Month for 20 Years…

Let's say you go out and buy a single property TODAY for $300,000 (call it a suited house) and based on your conservative numbers, this property does nothing more than break even every month (and we're buying in a stable, well-performing market based on the fundamentals). No cash flow - just break even. [read more]

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