In this video I’m going to discuss the difference between cash flow and income on an investment property, and the power of tax deferred capital gains. Buying an investment property with 20 % down, putting a tenant in and keeping it for 20-30-40 years or more in what I call "The Ghost Ship to Wealth".

I just sold this Apartment/Condo at 726 5311 CEDARBRIDGE WAY, Richmond, BC Brighouse.View this recently sold Apartment/Condo or see all my home sales

I just finished uploading this Apartment/Condo for sale, 726 5311 CEDARBRIDGE WAY, Richmond, BCRarely available Penthouse level 1 bedroom & den with 10 ft ceilings and spacious balcony, make this 657 sqft home a joy to live in. RIVA 2 by ONNI GROUP features AIR CONDITIONING, open concept living with contemporary finishings including flat panel cabinetry, premium stainless steel appliances, gas cooktop & engineered oak hardwood flooring. 12,000 sq ft of amenity space includes a fitness centre, yoga room, indoor pool with hot tub & sauna & more. Close by are Lansdowne Canada Line Station - only an 8-minute walk away, Richmond & Lansdowne Centre and T&T Supermarket. Waterfront trails and the Richmond Oval are also just steps from Riva’s ...

The current status of the Downtown Vancouver condo market is quite segregated and really is a tale of two markets. Quality 1 and 2 bedroom units in good well run strata’s and in good locations are still in a sellers market. Inventory is extremely limited and prices are at or near all time highs. I’m also seeing new luxury units selling for well over $1600 to over $2000 a sq.ft. On the other side of the market.. run of the mill units in less desirable locations or older strata’s that might have maintenance issues, are starting to reduce prices and are starting to fall into a more balanced market. One area where I am starting to see good value is in the junior 1 bedroom and studio units in higher end luxury buildings. The rental market ...

Buying and holding quality Vancouver Real Estate and large cap dividend growing equities is the only real advantage most investors have. Forget about timing markets..the taxes and friction costs will kill any capital gains you might be lucky enough to achieve. Instead, buy, hold and focus on the things you have control over.

The detached market has been incredibly strong over the past 5 months. Easily outpacing the condo market. There are many many advantages to detached living if you have the 1.5 to 2.5 million dollars to buy one. Keep in mind there are also many advantages to Vancouver condo living provided you buy the right home in a quality well run strata. In this blog I’m going to discuss all the pros and cons to strata vs detached living.

The latest market statistics were just released from the Greater Vancouver Real Estate board. The overall market continues to be strong with condos, townhomes and detached homes all firmly in a sellers market. That said some homes and condos are not selling and have been languishing on the market. In this blog i will talk about the main reasons why some homes are not getting offers and selling. I also discuss the current status of the land assembly market.

I have done at least 15 blogs on this topic over the past decade so please go back and watch some of my more detailed videos on why Vancouver home prices are so high and why they will remain high compared to other parts of the country. I continue to see people blame our high prices on money laundering, speculation and foreign buyers. Here are the real reasons. 1. Equity Driven Market. These are home owners who have been in the market for 10-15-20+ years and have ridden the market up. 2. Vancouver Is An Aspirational City. Unlike Edmonton, in Vancouver you are competing against buyers from other parts of Canada, N. America and the world. 3. Vancouver is Becoming a Major N. American Tech Hub. With high paying computer engineering salari ...

Technology and the internet have been fantastic tools and resources for information. However I’m starting to see people confuse Real Estate with stocks and start to over analyze all the stats packages, analysis reports and predictions. It can keep people permanently frozen on the sidelines and missing fantastic long term opportunities.

A quick recap on where the market is currently at. The flight to detached and the huge spike in prices we have seen over the past 3 months. Also discuss the Downtown Vancouver condo market and the current downtown office market during Covid.