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MAKE YOUR MONEY WORK FOR YOU

April 15th, 2019

Renting your home? We do Property Management!

April 11th, 2019
Renting your home? We do Property Management!   In your neighbourhood: visit our offices in Deep Cove or Downtown Vancouver We know the market, know the community and know how to protect your valuable asset Meticulous tenant screening and monitoring Licensed Property Manager, Realtor and Lawyer (helpful if tenant issues arise) Long Term or Short Term, leave the headaches to us.   ...

To (just) LIST or to SELL...that is the question!

March 27th, 2019
To (just) LIST or to SELL...that is the question!   The market has slowed substantially over the past several months. Homes are being listed but many are not selling. Those that are still selling need to be priced right to get attention from buyers. If a home is attractively priced, and marketed well, there are still buyers out there willing to buy. We are still getting a lot of activity on ...

What's the deal with the School Tax?

January 18th, 2019
What's the deal with the School Tax?  A lot of people are asking me about the school tax-particularly as it applies to luxury homes...I won't get into the issue of whether we can really call a $3 million-dollar home in Vancouver "luxury" but here is the information from the Province's website. If you would like me to explain any issues or answer questions about it, please let me know.  Scho ...

More on Property Assessments: How to Calculate Tax Payable

January 18th, 2019
More on Property Assessments: How to Calculate Tax Payable Here is an article from the BC Assessment Authority which answers a question a lot of my clients have been asking about the tax payable on their homes this year.  The Property Tax Equation BC Assessment determines the assessed value of your property based on a valuation date of July 1st of each year. Your assessment notice is mail ...

OPPORTUNITY KNOCKS!!!

January 15th, 2019
OPPORTUNITY KNOCKS!!! This market is not great for many of us but, unfortunately, it is likely to be with us for quite a long time. On the positive side, there are opportunities to be had-this is a great market for many, including: -first time buyers -those wanting to upgrade to a better home (the "gap" works in your favour now) -investors looking to get into real estate investments o ...

Assessed Value vs. Market Value: Apples vs. Oranges

January 9th, 2019
Every year people ask what their property assessments mean? The key thing to note: Assessed values are not a reflection of market value. Assessed vs. Market values are often like apples vs. oranges...totally different things. For many years, prices and assessed values have usually been going up. However assessed values still rarely coincided with market value. This year, most assessed values ...

Life of a Landlord...BC or Not BC, that is the question!

September 27th, 2018
Life of a Landlord...BC or Not BC, that is the question! As BC has continued to improve the rights of tenants (which can make life a lot more difficult for landlords) I am hearing from more and more investors thinking of selling their BC rental properties and investing in other provinces. I can understand that (I personally own a lot of properties outside of the Lower Mainland and several ou ...

SEVENTEEN YEAR LOW-What does this mean to you?

May 2nd, 2018
SEVENTEEN YEAR LOW-What does this mean to you?Today the Real Estate Board of Greater Vancouver announced that sales volume in Metro Vancouver hit a 17 year low in April. While this is surprising, it is key to remember that while sales volume affects prices, they are very different things. Obviously prices are still very high, even in some areas where prices are down substantially from where t ...

TRUMPMARE solution: Canada anyone?

January 10th, 2017
TRUMPMARE solution: Canada anyone?Since that bad night in November, I have actually had several Americans wanting to get out of their country due to the nightmare of Trump actually being elected. I agree that it is so sad that so many  people thought it was okay to vote for someone like that and personally I am happy to have non-Trump Americans here.   For those who are looking for somethin ...