Investing

Nov. 19, 2016

Is Real Estate Still a Good Investment?

Real estate has always been a great way to diversify your investment portfolio. It allows you to increase your equity on a monthly basis as your tenant pays rent, and also provides you with a long term nest egg as your property increases in value.

Here is a great article …

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Posted in Investing
Nov. 15, 2016

Vancouver's Empty Home Tax

Due to low vacancy rates, the City of Vancouver is considering implementing a 1% Tax on Empty Homes to encourage owners to rent out their vacant property. The city is scheduled to listen to the recommendations this morning and vote on it asap.  If approved, the tax will come into …

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Posted in Investing, News
Sept. 29, 2016

Vancouver Proposing Rental Licence for Airbnb and Short-term Rentals

Vancouver, BC is proposing to implement a new law to require short-term rentals, such as Airbnb, of less than 30 days require a licence.  Only homes listed as an owner's principal home will qualify.  If approved, Mayor Gregor Robertson says this could add up to 1,000 homes back into …

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Posted in Investing, News, Owning
July 5, 2016

Is it Time to Purchase an Investment Property?

You don’t have to tell the average Canadian homeowner that real estate is a good investment. With very few exceptions, home equity has been building across Canada.

Canadian homeowners already know what it takes to buy and maintain a home – and in record numbers, they’re deciding that two roofs …

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Posted in Investing