I have often discussed the steps or roadmap to financial security. In my opinion it should be buying your principal residence first. Second would be to start maxing out your RRSP and TFSA. The 3rd and final step would be to buy an investment property. As always if you want to guarantee fantastic returns simply buy & hold to minimize your friction or trading costs (taxes, commissions, trading fees).

Because of the Covid restrictions on showing homes and public open houses not allowed, I’m seeing a huge increase in buyers who are not currently working with a Realtor or what we call 'Unrepresented Parties'. Even before you hire a Realtor you need to get pre-approved for the mortgage. This is always the first step. Finally I talk about the friction costs involved in buying and selling Real Estate and the advantages of buying and holding for at least 8-10 years.

I’m glad to see a slew of new investing books that just came out that are going back to a buy & hold approach with investing. Keep your trading and commission fees low and let the 8th Wonder Of The World - compounding, do all the heavy lifting.

It’s that time of year again - the 2021 Tax Assessment notices are now available. Across the board values are up this year. Keep in mind the Tax Assessed value has very little baring on true market value of a home and like most years, the market value of most homes will be well above the tax assessed values. Here's a Playlist link to previous vlogs on this topic: https://www.youtube.com/playlist?list=PLfJDYyEjdB9CCVh_L_6AzXw8hdz-RsLvF

Last week I tweeted a link to an article discussing the City of Vancouver's approval of a new waterfront social housing development in Coal Harbour. I questioned would it not be a better approach for the City to sell this extremely valuable parcel of waterfront land, take the money and build far more units in a less expensive area of the city? I also discuss the advantages of low cost do it yourself index investing vs paying high fee and commissions management.

A variety of topics in this video. Everyone wants to take advantage of these record low interest rates but how much leverage is safe? Also, how to save for the downpayment and are all the increased taxes having any effect on bringing home prices down?

Whether it’s saving for your first home, starting a business or saving for retirement if you asked most successful people how long it took, most are going to say it took a lot of years grinding it out before they saw any noticeable success. You just need to have a game plan and stick with it… nothing is going to come easy. Anything worth doing in life generally takes time and effort to achieve. Enjoy the journey!

I just finished uploading this Apartment/Condo for sale, 307 3611 W 18TH AVENUE, Vancouver West, BCPariz on Dunbar located in highly desirable neighbourhood close to stores, restaurants, transit and beaches. This spacious 2 BED & 2 BATH has RECENT UPDATES INCLUDING: NEW flooring, S/S appliances, washer/dryer, vanities and paint. Gas cooktop, cozy gas fireplace, and in-suite storage. Bright and spacious with open concept living and dining area. Large covered deck perfect for outdoor bbq with MOUNTAIN, CITY & WATER views. Close to Lord Byng Secondary & Queen Elizabeth Elementary, UBC and quick access to Downtown Vancouver. Pet & Rental Friendly. Comes with 1 secure parking spot. Showings by appointment - Sat, Jan 9, 11:30AM - 1PM & Sun, ...

I just sold this House/Single Family at 10973 130A STREET, North Surrey, BC Whalley.View this recently sold House/Single Family or see all my home sales

I just finished uploading this Apartment/Condo for sale, 206 8740 NO. 1 ROAD, Richmond, BC2nd Phase in popular Apple Greene Park, has legal hook up for IN-SUITE LAUNDRY (can be added) and COVERED PARKING. This two bed and den (with closet) easily converts to a 3 bedroom home. Locker on same floor plus additional storage off balcony. Well maintained and lovingly cared for unit. Spacious covered balcony has access from living room and master bedroom. Maintenance Fee includes heat, hot water & City of Richmond utility tax. Amenities include indoor & outdoor pools, hot tub, huge two level rec centre and more. Walk to Seafair Shopping, community centre and bus. Rentals at max. Showings by Appointment - Friday, Jan 8, 4-5PM, Sunday, Jan 10, ...