Foreclosure Lists
  
Foreclosure in BC Northern (Attached Properties)
Foreclosure in BC Northern (Detached Properties)
Foreclosure in Chilliwack (Attached Properties)
Foreclosure in Chilliwack (Detached Properties)
Foreclosure in Fraser Valley (Attached Properties)
Foreclosure in Fraser Valley (Detached Properties)
Foreclosure in Greater Vancouver (Attached Properties)
Foreclosure in Greater Vancouver (Detached Properties)
If you are interested in knowing more about the above foreclose list, or just want to know how a bank foreclosure sale works, please send an email to me at: aibhahe@gmail.com.
Hotel Vancouver - Hotel 1 vs Hotel 2 vs Hotel 3
If you ever walked through Hotel Vancouver, you will notice pictures of Hotel Vancouver 1, Hotel Vancouver 2 and the current Hotel Vancouver 3.
When I used to look at pictures of hotel 2, something always seemed odd but I didn't think past it.
Well it turns out, Hotel Vancouver 2 and Hotel Vancouver 3 were built at different locations. I always thought they were built at the same location!
Hotel 1: Granville and West Georgia
Hotel 2: Granville and West Georgia
Hotel 3: Burrard and West Georgia
Here is a cool blog post on Hotel Vancouver:
http://www.miss604.com/2016/01/the-second-hotel-vancouver.html
Why I Don't Care About Rates
The most money I've seen made in real estate is in this order:
1. Number of properties owned
2. Value of each property
3. Tax structure
4. Rate
If you focus on rate, you can get stuck with a lender that will not allow you to buy more properties + limit your access to the equity when your property goes up in value.
The problem with a $200k property is when it goes up in value by 10%, you make $20k. If you have a $2 million dollar property and it goes up 10%, you make $200k. The questions becomes what lender will lend you the most amount of money?
If you are employed then tax structures are generally limited. If you are a sole proprietor you have some options. If you have an operating company, the sky is the limit with what you can do.
For example, I have a client who should be claiming $600k income to qualify. Right now, I'm getting an approval based on $100k only. This is due to how banks look at operating companies.
In order to do all of the above, it all comes down to how you structure your lenders + how you structure your income.
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