Are you sitting on the fence when it comes to Real Estate Investment? ver. 16.08

Scott Harriman - Commercial and Residential Mortgage Broker

Simply Commercial Mortgage Architects

Mortgages@ScottHarrimanMortgages.com
(250) 565-4969 / 1 (604) 328-5004
http://www.scottharrimanmortgages.com

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Merry Christmas and Miscellaneous Holiday Greetings

 

This is the time of year to reflect on what was and wasn't this past year and plan for the next.

Many highlights and some disappointments. 

I have been blessed by meeting many wonderful people and being exposed to many great opportunities. I travelled this year to Mexico, relocated to Prince George, escaped the metro rat race, found new strength in character and body.

There were a few disappointments, but when I look back, I was better in July than I was a year ago and right now I am way better than I was in July . 

I am looking forward to a very healthy and prosperous 2017 in all areas of my life.

My wish to you is for a Very Healthy, Prosperous and Satisfying 2017 and over this holiday period for a very Merry Christmas to you and your family!

Please feel free to forward this newsletter to any of your connections that may benefit from its contents.

In closing, I would like to remind you that my business is entirely based on referrals from my friends and clients and I am never too busy to handle their mortgage transactions.

Thank you for your referrals! 



Movember Follies (or follicles)

 

Many of you know of my passion for the Movember cause which champions Prostate and Testicular Cancers, Men's Mental Health and other Men's disorders. 

In November each year we grow a moustache to act as a conversation starter, as in "what is that on your face" and "wow what a change". We then tell them why and educate about these disorders.

A couple of local businesses held a contest for "Best MO" and I was the lucky winner with this masterpiece of a moustache! The clean shaven pic was taken on November 1st, Pic 2 is the finished product.



The Usual Real Estate Porn (Foreclosures) I know you peek at this part!

 

Dec Abbotsford Attached
Dec Abbotsford Detached
Dec Burnaby Attached
Dec Burnaby Detached
Dec Chilliwack Attached
Dec Chilliwack Detached
Dec Coquitlam Attached
Dec Langley Attached
Dec Langley Detached
Dec Mission Detached
Dec New Westminster Attached
Dec Pitt Meadows Detached
Dec Richmond Attached
Dec Surrey Attached
Dec Surrey Detached
Dec Vancouver Attached
Dec Vancouver Detached

Above is a list of foreclosures in the Lower Mainland.There are some great deals to be had for either your own home or as a rental property.  Check them out at the links above.



1st time Homebuyer Relief (thank you BC Government)

 

CMBA_BC_Press_Release_Dec_15_2016 Homeowner BC Government.01

This morning the BC Government announced the  Home Owner Mortgage and Equity (HOME) Partnership.

This unique approach to homeownership assistance for first time buyers will get more people into homes sooner and boost the residential building starts, a key component to our economy. 

I am looking forward to making this program work for my 1st time clients. 

Contact me with any questions you may have. 

Government Page outlining the details



Investment Properties and other Cool Links

 

My friend Andrew has this brand new construction condo building. Positive cash flow, great location, great return!

Here is the PDF of his flyer for this project. I have more detail information on this opportunity. Call, pm or email me and I will forward the package

PHOENIX INVESTMENT OPPORTUNITY link Western Wealth Capital project in Arizona.

Alture Properties shared an event: Peter Thomas is heading a  Life Pilot Workshop details

News about Prince George Real Estate

Revenue property in Prince George specifically is in high demand from investors in the lower mainland. I am embedded in the Real Estate community here and would be pleased to introduce you to the right realtors who will be able to guide you to the good properties and counsel you on the less desirable ones.

For example, available today, is a 2-storey 4-plex with full basements, fully rented and updated. One of my realtors felt that the 6% cap rate was too low. Compare that with a purchase in Kitsilano. Opportunity over time is to raise the rents, and wait as the market grows organically. Call me on this one for more information.

There is also a couple of multi-unit residential buildings that range from 6 doors and up. Investors are sniffing around these properties, they won’t last long.



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