Multi-Families For Sale - 4 Units and Up
206 Boyd Street - Quesnel
651 Wade Avenue - Quesnel
549 Barnard Street - William Lake
1221-1223 Park Avenue - Prince Rupert
9603-5-9607-9 96 Street - Fort St.John
4126-4130 1st Avenue - Prince George
136-138 Raven Place - Prince Rupert
2040-2046 Bowser Avenue-Prince George
4166-4170 1st Avenue - Prince George
1184 N 2nd Avenue - Williams Lake
8804 89 Avenue - Fort St John
7903 95 Avenue - Fort St. John
51409-51423 Yale Rd - Rosedale
101-104 2846 Range Road - Prince George
46167 Cleveland Avenue - Chilliwack
14306-14308 Melrose Drive - North Surrey
397 Aspen Street - 100 Mile House
1-8 10204 98 Street - Fort St. John
1479 3rd Avenue - Prince George
10219 96 Avenue - Fort St. John
3449 14th Street - Houston
681 Edkins Street - Quesnel
46101 Princess Avenue - Chilliwack
480 Thacker Avenue - Hope
4502 Lazelle Avenue - Terrace
626 E Gorge Road - Victoria
9827 97 Avenue - Fort St. John
76 Coburg Street - New Westminster
Top Ten Towns and Cities to Invest in British Columbia
Real Estate Investment Network released the Top Ten B.C. Towns and Cities to invest in at the ACRE event three weeks ago.
Based on the report, Surrey, the second largest city in B.C.and the fastest growing, has the diversity and strength required to lead the province in real estate investment potential.
Studying 36 economic and market factors, REIN identified B.C. real estate markets that are poised to outperform over the coming five year period. The detailed report also provides additional analysis that concludes where each market is in the real estate cycle and what to expect as the cycle continues.
Ranked in order of potential for housing market strength over the coming five year period:
1. Surrey
2. Abbotsford
3. New Westminster
4. Victoria
5. Kamloops
6. Kelowna
7. Chilliwack
8. The Tri-Cities of Coquitlam, Port Coquitlam and Port Moody
9. Burnaby
10. Vancouver
Receiving honorable mentions, in no particular order, are:
Fort St. John
Dawson Creek
The Township of Langley
Mission
Maple Ridge
While most think the Lower Mainland's housing market is priced 'out of this world', limited supply and increasing demand continue to drive this market. These areas provide opportunity for those who know the right investment strategies and tactics to use at the right time.
12 Reasons Why Rental Properties Are the best Investment
It is no secret that I love multi-family rental properties. Rent-to-own or flipping properties might be fun but rental properties is my true business love. Let me explain why:
1. Ability to Purchase with Leverage
Rental properties are great because you can borrow the bank's or someone else's money to increase the potential return.
2. Ability to Hustle for Greater Returns
Not only can I leverage my cash, but I can also leverage my time and abilities to make magic happen in this game - something difficult to do with other investments.
3. Ability to Manage my Investment Directly
With a rental property, I am directly responsible for the outcome of my investment. It is up to me to analyze a property before I buy it; it's up to me to ensure the property is in a good condition and it's up to me to ensure the property is performing at peak performance.
4. People Always Need a Place to Live
The real estate market will go up and down, but the beauty of rental properties is that demand will never end. People always need a place to live, so unlike the latest tech trend, real estate investment is an investment that will last.
5. It's Worked for Millions of People Before Me
Perhaps one of the greatest benefits to rental property investing is the proof of concept handed down by millions of investors before us. Since the dawn of human civilization, landlords have built wealth by owning and leasing out residential property.
6. Fairly Stable and Predictable
Yes, events such as the market collapse in 2007 do happen, but rental property owners who were investing for long-term gains did not suffer like those who were trying to be fancy and were investing out of greed.
7. Incredible Variety
Rental properties also offer an incredible amount of opportunity within the asset class. I can invest in single family houses, small multifamily properties or large multifamily apartments. The possibilities are endless.
8. Simple and Straighforward
Although I will never claim that working with rental properties is easy, I do maintain that investing in rental properties is fairly simple and straightforward. The strategies for success in real estate investing is not overly difficult to learn or master.
9. I Can Buy Below Market Value
One of my favorite reasons for investing in rental properties is my ability to find properties that I can buy below market value by dealing with the Sellers directly.
10. Insider Trader is Legal
I know I won't end up in jail like Martha Stewart because as a real estate investor I can leverage any secret knowledge I can find to benefit my investments. If I know that a new light rail or rapid transit is moving into a neighborhood, I can jump in and swoop up properties before word gets out.
If I hear that a major industry is leaving an area, I can get out of that area before the market declines.
11. Multiple Ways to Profit
One of the greatest benefits of rental property investing, especially compared with other real estate niches and strategies, is the opportunity to capitalize on all four of real estate's major profit sources:
- Cash Flow
- Appreciation
- Mortgage Paydown
- Tax Benefits
12. Not Having to Be Present to Make Money
Finally, I love the idea that I can make money without physically needing to be present. That's called a "job", and I want to avoid that.
Do understand that real estate is not generally a 100% passive activity, but over time, the systems you create can help you outsource most of the landlording process.
The dollars will roll in whether you get out of bed in the morning or not.
|