Be sure to subscribe to my YouTube channel to receive notifications of my new blogs. In this blog I’m going to walk you through some of the investment units I have purchased over the past 25 years. Many of the units I have purchased have gone up right from day 1 and never had a period of time where the current value was less than what I purchased them for. However, about half the units I have purchased have been worth less than what I paid for them. This has always occurred in the first 5 or 6 years and that’s why I have always advocated a minimum holding period of 8 to 10 years.  In my experience that’s more than enough time to offset any normal market correction that will always be right around the corner.The bottom line is that I ...

The Vancouver real estate market has not worked off fundamentals (i.e. what the average Vancouverite earns for a living vs the cost of home ownership) for some time now. Instead the Vancouver market like many other popular cities in N.America is an equity driven market.  These are owners who have been in the market and accumulated a great deal of equity and capital gains over the past several decades.  A new buyer has emerged called the Half’er. People who sell their detached home for say 3 million and downsize to a 1.5 million condo

This past month I came across no less than 3 more articles talking about how Vancouver homeowners are becoming instant millionaires. How regular folks working 9 to 5 are somehow being cheated and that these newly minted millionaires should not be entitled to these gains. The latest article profiles a group of East Vancouver homeowners who are in the process of selling their homes as part of a land assembly. The author tries to create a feeling of injustice and animosity towards the homeowners. These types of articles formed the catalyst for my new book (out this Spring 2017) I will leave you with an early review from a US business publication on my upcoming book. VANCOUVER, BC. - Dec. 20, 2016 - In recent years, Vancouver has seen ...

I just finished uploading this Condo for sale, 1001 6288 NO 3 ROAD, Richmond, BC"MANDARIN South Tower" in the heart of Richmond. Concrete highrise quiet corner unit facing north and east with mountain and courtyard garden view. 2 bedroom, 2 bathroom, 914sf, 1 parking. Functional layout, separate Living and Dining room, good size balcony. The Seller paid extra money upgraded with Air-conditioning system. Gas stove, stainless steel appliance, stone counters. Next to Canada Line station, walking distance to Richmond Centre, public library, restaurants, and supermarket.

I just finished uploading this Condo for sale, 4802 1151 GEORGIA STREET, Vancouver West, BCLuxury living at Trump International Hotel & Tower. Spacious southwest corner unit with 2 bedroom, 2.5 bathroom & den, it boasts stunning ocean, city & mountain views & located at the latest signature building in the heart of downtown Vancouver. Beautiful design and high-end features included Arclinea chefs kitchen, Gessi fixtures, Creston home automation, full air-conditioning, electric radiant heated ensuite bathroom, Victoria+ Albert volcanic limestone sink, LAUFEN wall-hung toilet, Gaggenau kitchen appliances, AEG range hood, and BOSCH washer/dryer. Amenities include: Rolls Royce service car, 24hr concierge, Drai's Nightclub & pool bar, Ma ...

I just finished uploading this Condo for sale, 307 1050 BROUGHTON STREET, Vancouver West, BCQuiet residence in the heart of Downtown Vancouver's West End. Easy walk to restaurants, shopping, English Bay, Stanley Park and the rest of downtown. Tiffany Court is a well maintained building with 3 common patios , garden court yard , new washer/dryers in shared laundry room and visitors parking. A large covered patio off the living area looks over the courtyard. This one bedroom and den jewel has one parking spot and one large storage locker, insuite laundry can be installed , Small pets and rentals are allowed. Open house Sat/sun Jan 28/29th 2pm-4pm

Here is my annual market forecast for the Vancouver Real Estate market in 2017. Also, the current status of the market in terms of prices and inventory levels.

I just finished uploading this House for sale, 6411 GOLDSMITH DRIVE, Richmond, BCIn the heart of London Park, few minutes walk through London Park to Steveston London High School. This one year new gorgeous home offers 4 bedrooms up, spacious master bedroom, A/C, radiant heating, wok kitchen, high ceiling foyer. Walking distance to Mckey Elem School, peaceful neighbourhood, good value home like new. You don't want to miss! Open House Jan 21, 2-4pm.

Last month on the Business News Network (BNN) they had an interview with an author of a new book called “The Wealthy Renter”, that I found quite amusing. For the simple reason that there is no such thing as a wealthy renter. Throw in today’s low interest rate environment and sky high rental rates, a book like this is not worth the paper it’s printed on.

I just finished uploading this Condo for sale, 309 8820 NO. 1 ROAD, Richmond, BC"APPLE GREENE" 3- BEDROOM 1.5 BATHROOM TOP FLOOR CORNER APARTMENT. 1245 SQ. FT. INCLUDING THE OPEN BALCONY. SPOTLESSLY CLEAN IN MOVE-IN CONDITION. LOTS OF STORAGE AND ONE PARKING SPACE. GREAT REC. FACILITIES IN THIS COMPLEX WITH INDOOR AND OUTDOOR SWIMMING POOLS, SAUNA, LOUNGES AND MORE. NEAR SCHOOLS, SEAF AIR SHOPPING CENTRE AND TRANSIT.