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

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

Farm and Land Deals

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

What is a cap rate anyhow?

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

Islands in the Sun – Recreational island investing

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

By |2019-05-29T19:35:38-07:00August 1st, 2015|Categories: Hot Tip|Tags: , , , , , , , , |0 Comments

Gibsons condo

1. Gibsons condo Top floor condo rented at $1,000. Price $158,500 walking distance to shopping, restaurants, transit, schools s/s appliances, in-suite laundry, natural gas fireplace 2. Mission 1 bedroom condo listing for $86,000 in Mission. The rent in that area is $850/month. The SELLER will carry financing. With a 20% down payment monthly cash flow is

By |2019-05-29T19:35:29-07:00August 1st, 2015|Categories: Hot Property|Tags: , , , , , , , |0 Comments
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