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.
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
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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
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
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Farm and Land Deals BC 1. Alexis Creek, 320 Acres on two titles with year-round creek, 2 Lots/ 2 titles, $89,000 CAD. (Priced to be SOLD!) 2. 40 Acres Prime Hunting and Fishing real estate with 1300 sq ft building envelope, 150 Mile House, year-round maintained road access $98,000 CAD 3. Ross Meadow Ranch, West of Williams
Investors are always searching for profit or yield, but how do you know what actual cash flow there comes out of a given property? Well, Real Estate investors - small and large - use what they call a cap rate to find the true net income. But to find that elusive rate is one of
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Recreational island investing … often it is better to poke yourself with a sharp stick in the behind. Things to do - why you should be doubly careful when investing In Your Island in the Sun We forget that islands take ferries (some take 3 ferries) Building at waterfront could be impossible (can no longer go to
