Robert Klein Newsletter - August 2019/Edition 87

Robert Klein - Mortgage & Life Insurance Broker

robert@robertklein.ca
778 896 6732
http://www.robertklein.ca

Robert - Facebook Robert - Twitter Robert - Linkedin

Foreclosures

 

July 2019 Abbotsford Attached
July 2019 Abbotsford Detached
July 2019 Burnaby Attached
July 2019 Burnaby Detached
July 2019 Chilliwack Attached
July 2019 Chilliwack Detached
July 2019 Commercial
July 2019 Coquitlam Attached
July 2019 Coquitlam Detached
July 2019 Land
July 2019 Langley Attached
July 2019 Langley Detached
July 2019 Maple Ridge Attached
July 2019 Maple Ridge Detached
July 2019 Mission Detached
July 2019 Multifamily
July 2019 New Westminster Attached
July 2019 New Westminster Detached
July 2019 North Vancouver Detached
July 2019 Pitt Meadows Detached
July 2019 Port Coquitlam Attached
July 2019 Port Coquitlam Detached
July 2019 Richmond Attached
July 2019 Richmond Detached
July 2019 Squamish Detached
July 2019 Surrey Attached
July 2019 Surrey Detached
July 2019 Vancouver Attached
July 2019 Vancouver Detached
July 2019 West Vancouver Attached
July 2019 West Vancouver Detached

Above is a list of foreclosures in the Lower Mainland.



6% Cap Commercial Properties

 

This is the sweet spot with commercial financing.  

It's the type of financing that the bank will provide 75% loan to value based on the property alone. 

Your personal income, corporate business income, number of properties you own, nor GDS/TDS ratios do not apply. 

It's the one type of property that as long as you have down payment, the banks will allow you as many as you want.  

Here is an example:2740 Dundas Road, Shawnigan Lake, BC 

Here is a good place to learn the math.  Second half is on commercial:

 https://www.youtube.com/watch?v=GpD5YvucKDA&t=3s



Nostalgic/Sentimental Vancouver (Pictures)

 

Awesome group.  People are posting their own pictures of Vancouver and explaining them. 

https://www.facebook.com/groups/128486813979056/?fref=nf



Looking Super Cool With Our Sunglasses

 

We are in Chemainus having breakfast at the Owl Nest Bakery and Bistro.  If you have never been to Chemnaius on Vancouver Island, it's a cool place to check out.  



Fun in the Sun

 

We picked up an inflatable pool for $40 bucks.  Best $40 bucks spent this year!

Most toys we buy have a shelf life of 24 hours. 

I'm surprised how much Sarah loves the pool considering she is only 17 months old.  



Is Your House Not Selling - Consider Rent To Own

 

Rent to own video

If your property is not selling in this market or you are not getting the price you want, structuring rent to own may be the way to go. 

I attached a video explaining what it is.  I did not watch it.  Found a video with 96% likes. 

If you decide to go down this path, do not do it by yourself.  I have a friend that you can pay to set up, including finding the tenant buyer.  



Newsletter not displaying properly? Click here to view on the web