Mike Bourassa's Foreclosure and Real Estate Investment Newsletter - October 2017

Michael Bourassa - Mortgage Professional

Coast Capital Savings - Mortgage Specialist

mgbourassa@gmail.com
250.514.9667
https://www.facebook.com/mikebourassamortgagebroker/

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This Month's Court Ordered Foreclosure & Estate Sale List - Residential

 

Bowen Island - Sunshine Coast - Gulf Islands - Attached Condos
Chilliwack - Hope - Attached Condos
Abbotsford - Mission - Attached Condos
Burnaby - New Westminster - Attached Condos
Chilliwack - Hope - Detached Houses
Abottsford - Mission - Detached Houses
Coquitlam - Port Coquitlam - Port Moody - Pitt Meadows - Maple Ridge - Attached Condos
Coquitlam - Port Coquitlam - Port Moody - Pitt Meadows - Maple Ridge - Detached Houses
Bowen Island - Sunshine Coast - Gulf Islands - Detached Houses
Burnaby - New Westminster - Detached Houses
Okanagan Mainline - Vernon - Kelowna - All Foreclosures
Northern BC - Attached Condos
Richmond - Delta - Ladner - Tsawwassen - Detached Houses
North Shore - North and West Vancouver - Attached Condos
North Shore - North and West Vancouver - Detached Houses
Richmond - Delta - Ladner - Tsawwassen - Attached Condos
Northern BC - Detached Houses
Okanagan Mainline - Vernon - Kelowna - All Foreclosures
South Okanagan - All Foreclosures
Richmond - Delta - Ladner - Tsawwassen - Detached Houses
Richmond - Delta - Ladner - Tsawwassen - Attached Condos
Surrey - Langley - Cloverdale - White Rock - Attached Condos
Surrey - Langley - Cloverdale - White Rock - Detached Houses
Whistler - Squamish - Pemberton - Attached Condos
Victoria - Southern Vancouver Island - All Foreclosures
Vancouver Island - All Foreclosures
Whistler - Squamish - Pemberton - Detached Houses
Vancouver - Attached Condos
Vancouver - Detached Houses

Here is the October 2017 Foreclosure and Estate Sale Residential List. There are some great deals available to live in or invest. I've also added in some new areas like Condos below $175K, the Okanagan, Alberta and creative financing deals from Vancouver Island. 



Local BC Investment Deals of the Month - Multifamily - Development Land + USA Investing Opportunities

 

All Commercial Foreclosures in BC from $229,000
Kamloops - All Multifamily and Houses With Suites
Commercial Multifamily - Northern BC Starting at $280,000
Investment Condos - Rentals Allowed - 56 Listings Below $175K within 1 Hour Drive of Vancouver
Commercial Multifamily - Lower Mainland & Fraser Valley - Starting at $299,900
Residential Multifamily - Duplexes - Triplexes - Fourplexes- Lower Mainland Starting at $299,900
Residential Development Land With Dev't Permits In Place - Lower Mainland Starting at $129,000
Joint Venture Proposal - 8 Single Family Rentals - $340K- St Louis, MO
Guide to Being an American Landlord
Commercial Development Land With Permits in Place - Lower Mainland & BC Starting at $130,000
USA - Florida Condos - Starting From $12,500
Midwest USA - Two Duplexes - 29% Cash on Cash Return
Midwest USA - Duplex 17% Cap Rate
Arizona - Joint Venture Proposal for 7 Lot Development - 2
Arizona - Joint Venture Proposal for 90 Acre Development

Here are the MultiFamily, Land Development & Joint Venture deals of the Month along with an interesting selection of relatively inexpensive investment properties in Florida and Ohio.

The US properties start as low as $12,500 with rental yields above 25% per year. 



Prices Going Up or Down - http://www.myrealtycheck.ca/

 

This is an interesting tool.  It shows most recent change in pricing. 

If a property was listed at $1.5 million and last week they moved it to $1.45 million, it will show on this map

http://www.myrealtycheck.ca/

I'm sure there are a lot more ways to look at this data.  



Island View Beach (Victoria, BC)

 

Down set hut.... 



Multi-families for Sale - 4 Units and Up

 

616 W 7th Avenue - Prince Rupert
4031 1st Avenue - Prince George
10219 96 Avenue - Fort St John
1744 Spruce St - Prince George
521 Victoria St - New Westminster
5558 Beaver Creek Rd - Port Alberni
6750 Dow Avenue - Burnaby
6779 Sussex Avenue - Burnaby
76 Coburg St - New Westminster
37955-37959 Westway Ave - Squamish
879 Johnson St - Prince George
5732 Vedder Rd - Chilliwack
2581 Kincome Place - Port McNeil
4045 1st Avenue, Prince George
17700-58 Ave - Cloverdale



October 2017 - Commercial Activity

 

October 2017 - Business w Property - BC Wide
October 2017 - Agri Business - BC Wide
October 2017 - Multifamily - BC Wide
October 2017 - Land - BC Wide

Lots of opportunities in the Commercial world.. Here is this months new listings in each Category, call me with any questions!



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