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Becoming a Landlord

April 16th, 2013, Owen Bigland

Here are some of the basics I've learned over the past 18 years on being a Real Estate investor and landlord.  What to buy? How to get a tenant? And the Tenancy Agreement and running a credit check. One thing I forgot to mention in my video is once you get a good long term tenant who takes care of the place, pays their rent on time and doesn't bother you with minor little things; don't raise the rent!  Let him stay, paying that same rent for years if he wants to stay. Tenant turnover costs a lot of time and money. That extra 2 or 3% you could legally increase his rent by every year does not offset all the time and money it takes to get a good quality tenant like you already have. Here is my personal philosophy on investing in Vanco ...
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Posted in Video Blog

107 8720 NO 1 Road, Richmond, British Columbia

April 15th, 2013, Owen Bigland

I just finished uploading this Condo for sale, 107 8720 NO 1 Road, Richmond, British Columbia"APPLE GREENE" SOUTH FACING SPECTACULAR PEACEFUL VIEW OF THE INNER GARDEN AND POND.WELL KEPT 2- BEDROOM SUITE. 2ND. BEDROOM CURRENTLY USED AS A DEN AND EASY TO CONVERT BACK TO A BEDROOM. 1.5 BATHROOMS. HOOK-UP FOR INSUITE LAUNDRY. IF LOCATION IS IMPORTANT THEN THIS IS THE ULTIMATE!! APPROX. 1216 SQ.FT. INCLUDING THE BALCONY AND GARDEN AREA. UNDERCOVER PARKING. NEAR SCHOOLS, TRANSIT AND SEAFAIR SHOPPING CENTRE. DONT MISS THIS ONE!!
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Posted in Listings

Riverdale RI Open House!

April 9th, 2013, Owen Bigland

We are proud to announce that this Apr 14th, 2:00 PM to 4:00 PM we will be hosting an Open House at 6100 TIFFANY Blvd in the Riverdale RI neighborhood, Richmond. This is an opportunity to visit this excellent Townhouse for sale in beautiful Riverdale RI.Please come with any questions you may have. In the meantime you can take a virtual tour of this Riverdale RI Townhouse for sale.As always please do not hesitate to give me a call at 604 889-1118 if I can answer any questions before the open house, or if you would like to book a private showing.Owen BiglandMacdonald Westmar
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Posted in Listings

Buying Apple Stock

April 9th, 2013, Owen Bigland

I think shares in Apple right now are on sale! So I bought some today at just under $425 a share. Apple's share price has dropped by nearly $300 over the last 8 months. They've taken that company out to the wood shed and put a beating on it for sure. If you read the financial news there seems to be 2 very opinionated groups of people out there. Group A thinks Apple is crashing and it's still headed much lower. Group B thinks at the current valuation Apple is on sale and a good buy based on current  fundamentals. Especially if you're a long term value investor and are willing to hold it for many years to let the stock come back. The fact that Apple is going to pay you a 2.5% dividend yield now and I think as much as a 4%  dividend y ...
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Posted in Video Blog

105 8880 NO 1 Road, Richmond, British Columbia

April 2nd, 2013, Owen Bigland

I just sold this Condo at 105 8880 NO 1 Road, Richmond, British Columbia Boyd Park.View this recently sold Condo or see all my home sales
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Posted in Listings

Gastown named to most stylish neighbourhood list

April 1st, 2013, Owen Bigland

Gastown named as one of the most stylish neighborhoods in the world by Complex magazine based out of Europe. See the entire list here:  The 50 Most Stylish Neighborhoods in the World by Complex Magazine
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Posted in General

Mortgage Wars Are Back!

April 1st, 2013, Owen Bigland

Mortgage Wars Are Back There has been a lot of mortgage news recently as the Big Banks fight for market share with record-low mortgage rates. Last year, we covered how BMO Bank of Montreal started the mortgage wars by offering a 2.99% 5-year fixed rate mortgage. Other lenders followed suit, matching the 2.99% rate, but generally offering only a 4-year option. After a month, RBC Royal Bank signaled the end of this war by raising its rates by 50 basis points to 3.49%. Other lenders followed RBC's lead in order to shore up their profit margins. One year later, in preparation of the Spring Housing Market, BMO is once again offering a posted 2.99% rate while other lenders are offering a 2.89% 5-year fixed rat ...
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Posted in General

313 8720 NO 1 Road, Richmond, British Columbia

April 1st, 2013, Owen Bigland

I just sold this Condo at 313 8720 NO 1 Road, Richmond, British Columbia Boyd Park.View this recently sold Condo or see all my home sales
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Posted in Listings

Non Smoking By Law

March 31st, 2013, Owen Bigland

A large Coal Harbour condo tower recently passed an non smoking bylaw that prohibits smoking everywhere in the building including an owner's own suite. I'm not sure if this will stick as it might get overturned at the strata's next AGM however it does set an interesting precedent. Here is a link to the original article in the Vancouver Sun. http://www.vancouversun.com/health/Smoking+banned+storey+Vancouver+condo+tower/7304934/story.html
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Posted in Video Blog

313 8720 NO 1 Road, Richmond, British Columbia

March 25th, 2013, Owen Bigland

I just finished uploading this Condo for sale, 313 8720 NO 1 Road, Richmond, British ColumbiaINSUITE LAUNDRY. TOP FLOOR, SOUTH FACING PEACEFUL VIEW OF THE INNER GARDEN AND POND. BEAUTIFULLY KEPT 2 - BEDROOM SUITE. 2ND BEDROOM CURRENTLY USED AS A DEN AND EASY TO CONVERT BACK TO ABEDROOM. 1.5 BATHROOMS. 1118 SQ.FT INCLUDING THE GLASSED-IN BALCONY. THIS SUITE IS SPOTLESS AND HAS EVERYTHING- DON'T MISS THIS ONE!
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Posted in Listings
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Owen Bigland

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