The basics on selling a Lower Mainland strata to a developer via a strata wind-up or a unit assembly. Both are lengthy and complicated sales requiring court approval to finalize.

Had a deal collapse last week on a prime 2 bedroom unit I had listed in the West End. The potential buyer had a pit bull mix dog that was clearly not allowed in the Strata bylaws that he had received prior to the offer. I’m also going to discuss a new wave of luxury 1 bedroom units that are hitting the market and selling at $1.3 to $1.4 million.

If you want to take advantage of the superior long term returns in both Vancouver Real estate and equities you're going to have to make the jump into the market. Many people are living in a state of fear that if they do take the jump, they may lose their money. The easy way to avoid this is to simply extend out your holding period. This is something that successful investors like myself have been doing for decades. Stop trying to time markets, there's always another dark cloud on the horizon that will keep you frozen on the sidelines. Instead, buy quality assets, collect and reinvest the cashflows, and hold them for decades to avoid the friction costs.

So many people are living in fear of loss. They lose sleep over buying a home or investing for retirement.. "what if I buy today and the market goes down 15% next year?" What people should really be worried about is having capital sitting idle and not working for them. Forget about trying to time markets instead get your money working for you via a long term buy and hold strategy. Take advantage of our record low interest rates, the principal residence exemption, and leverage. Update: I just renewed one of my investment mortgages (Sept 7) at 1.2% variable rate.

Time for a refresher on my Golden Rules of Buying Real Estate in Vancouver. The main one being that buying your home should always be done with a long term holding period. 8-10 years minimum but hopefully much longer.

I just sold this House/Single Family at 6140 KALAMALKA CRESCENT, Richmond, BC Granville.View this recently sold House/Single Family or see all my home sales

I just sold this Townhouse at 260 W 1ST AVENUE, Vancouver West, BC False Creek.View this recently sold Townhouse or see all my home sales

I just finished uploading this Apartment/Condo for sale, 608 2950 PANORAMA DRIVE, Coquitlam, BCOne of the best Corner units in the highly desirable CASCADE building by award winning Liberty Homes in Westwood Plateau. Surrounded by lush mountains and trees, with 9' ceilings and views from every room. This is luxury living in nature, with convenient proximity to Westwood Plateau for shopping/dining, schools, transit, outdoor activities and Golf Club. Full size gourmet kitchen with open concept includes: island, granite countertops, and stainless steel appliances. Extra large primary bedroom with 5-piece spa like ensuite and walk in closet. Bright & spacious dining and living room areas with extra large windows, lead out to the oversized ...

Another Federal election is just around the corner and this time around, all 3 major parties are promising to do something about housing affordability. All 3 are pledging to build millions of new homes... not sure how they will be able to do this in the City of Vancouver with all our restrictions in new construction. I think of all the campaign promises it’s the Conservatives who have the most tangible and realistic plan. If elected they are promising to remove the mortgage stress test which would have an immediate increase on affordability especially in a market like Vancouver. They also want to introduce and study longer term fixed mortgages 10-15, perhaps 20 year fixed like they have in the US.