It’s great to see small investors take control of their financial future with the rise of no fee or low fee brokerages like Robinhood. However it can also encourage investors to start speculating on the wrong kind of companies. Most day traders are simply trading in circles. Most will end up losing all or most of their money. The others will eke out a small return that equates to a few dollars an hour when you take into consideration all the time they are spending. Most investors would be far better off simply buying and holding the index via low cost ETF’s from providers like Vanguard and I-Shares.

I just finished uploading this Apartment/Condo for sale, 301 874 W 6TH AVENUE, Vancouver West, BCModern RENOVATED TOP FLOOR, CORNER UNIT with 2 BEDS, 2 FULL BATH, DEN/office area and sunny SOLARIUM. Spacious and bright home with 1029sqft located in a highly desirable neighborhood, bordering False Creek and Fairview Slopes. Perfect family home or turn-key rental/investment. Gas fireplace, wide-plank floors, modern kitchen, and large dining area. Boutique (9) unit FULL RAINSCREENED BUILDING, LOW STRATA fees, proactive self-managed strata. 1 Large Parking & Storage Locker. Pets & Rentals allowed. Close to Seawall & Charleson Dog Park, Olympic Village Skytrain Station, Granville Island & Downtown. 3D Tour: (http://bit.ly/TourW6 ) Have your ...

Starting to see the Vancouver condo market get stronger by each passing week. We are now in a strong Sellers Market with the active sales to listing ratio well over 30 (over 20 is a sellers market). Inventory is at or near record lows and far more buyers than sellers, thus most quality homes are getting into multiple offers and selling above asking price. I see this market continuing to stay strong thru the Summer with prices continuing to rise in the coming months.

Just finished reading a fantastic new book entitled "The Psychology of Money" by Morgan Housel. I highly recommend that my viewers read this book. It’s a simple easy to understand book on the best way for people to achieve financial success and that’s to simply buy and hold quality assets and avoid the temptation to try and time markets and become a trader.

I just sold this Apartment/Condo at 502 1028 BARCLAY STREET, Vancouver West, BC West End VW.View this recently sold Apartment/Condo or see all my home sales

I just finished uploading this Apartment/Condo for sale, 102 8840 NO. 1 ROAD, Richmond, BCApple Greene 2 bedroom, 2 bathroom, ground level garden apartment. Bright, south facing, well cared for home with 1,270 sq.ft. including the garden/patio area. Comes with 1 locker and 1 parking. Maintenance Fee includes heat, hot water & City of Richmond utility tax. Great complex with amenities including: indoor & outdoor pools, hot tub, huge two level recreation centre and more. Walk to Seafair Shopping, community centre and bus. Building currently under scaffolding - to be complete Summer 2021. 1 cat or 1 dog Max 25 lbs or 14" rentals are at max / 22 units allowed to be rented. All showing by appointment only. Masks required. Have your REALTOR ...

Realtors represent both buyers and sellers. Most of my business in on the listing and marketing side of the sale. However, I do work with plenty of buyers each year. On the buying side I’m generally going after high quality homes and condos. Viewers often ask me that being a listing specialist I must list and sell challenging or hard to sell homes and everything I sell can’t be the best. Yes they are right.. I sell everything including homes that are less than perfect or hard to sell. It’s what makes my job interesting. Keep in mind there really is not a perfect home. Even a $4 million condo will have a few features the buyer wished were different. Same thing with less than desirable homes - there are always positives that can be acc ...

As expected the strata market in Vancouver including downtown condos has heated up and is now in a strong sellers' market. Of the 3 listings and sales I had last week all 3 went into multiple offers and sold over asking price. 2 of the sales were with subject free offers. Limited inventory and far more buyers than seller, are pushing prices up on a month over month basis. Most of my high quality 1 bedroom sales are now setting new record high selling prices. I see this continuing well into the Spring and Summer 2021.

Time for my annual video on the biggest mistake I continue to see sellers make and that’s selling a home with a tenant living in it. Most seem to be unaware of the $10’s of $Thousands that they are leaving on the table in their final selling price, or the legal risks they are taking. I also talk about the potential reduction in quality rental units available in Vancouver and how this is going to cause rental rates to keep climbing.

A few years ago, I read about a study conducted by Fidelity on its client brokerage accounts. The study tried to identify the best performing investors at the brokerage, by reviewing account returns. They came to a stark discovery – the best investors were either dead or had forgotten to log on to their accounts for a long period of time. It really pounds home the power of buying quality assets, whether that be equities or high quality Vancouver Real estate, and then just sit on your hands and leave it to compound and grow. In this blog I also talk about the high friction costs of buying Real Estate and how they kill your returns if you're actively buying and selling.