WHAT'S BETTER THAN A BANK ACCOUNT?
Langley was the only market to experience year over year growth.
The other market holding steady is Coquitlam.
Our neighbors listed their house and when it didn't sell after a year, they were in a dilemma as to what to do.
They didn't need the money to buy another house.
The proceeds of the sale would be going into a bank account at 2% - 3% interest.
The better alternative is to keep the house and outsource the property management - thus, providing cash flow from the rental income.
As an added bonus, the house is collateral for any future needs.
Truly grateful for the real estate advantage; it provides leverage and options.
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