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No money down

For years we hear the ads on radio and TV… "No money down, no money down". Sounds like snake oil … yet I keep hearing that you can still buy real estate with no money down. Truth or fiction? Well, there are ways to buy with "no money down", some are easy and obvious, others

Powell River investment property

1. Powell River investment - 4 bedroom house in Westview Powell River, rented to long term tenant for $980 per month plus utilities. Asking $219,000 and looking for investor as tenant is wanting to stay. 2. MAC Marketing offers “Live Free” for a year on all 1 bedroom homes at RedBrick. Own for 5% down and move in now - you'll

Surrey foreclosure

1. Surrey Foreclosure - 2 bedroom in Guildford, $138,800 2. Windsor, Ont., renovated 3 bedroom in sought after neighbourhood. Great tenants paying $800/month + utilities. Updates include: roof, paint, ceramic tiles, kitchen cabinets, windows, and laminate flooring. Price:$92,500.

By |2019-05-29T19:38:01-07:00August 22nd, 2015|Categories: Hot Property|Tags: , , , , , , , , , |0 Comments

Not losing money is as important as making money

There are of course a lot of ways where we could lose money ... but the big three are: Buying the wrong product Not understanding the system/jurisdiction you are in Buying without subject when you have not sold your current house yet. For instance, if you had bought a regular condo (unlimited personal use) in

Two houses on a double lot in East Vancouver

1. Vancouver, 5 suites in 2 houses on a double (6400 square foot) lot in the Mount Pleasant part of East Vancouver. We have owned the property for 10 years and have steadily increased the rents. They currently gross $89,000 per year and we are looking at raising rents for 3 of the 5 suites on

Canadian housing market – doomed?

There are a lot of doomers out there about the Canadian housing market. First, there was Deutsche Bank as well as our Central Banker Poloz that saw us 30% overvalued. Now CMHC is raising a warning finger. In fact CMHC in its quarterly house price and analysis and assessment of 15 markets says Toronto, Winnipeg and

By |2019-04-23T08:52:14-07:00August 15th, 2015|Categories: Hot Tip|Tags: , , , , , , , , , , , |0 Comments

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