Tag: Vancouver Real Estate Investing

It’s Always a Good Time to Invest in Vancouver Real Estate

The Canadian city of Vancouver has become, along with Hong Kong and Sydney, one of the most buoyant and fast-growing real estate markets in the world, to the point that many have decided to take money from their equity investments to place them in downtown Vancouver condos.

In recent years this city on the Canadian west coast has registered such an increase in prices and demand that the government of British Columbia (province in which Vancouver is located) has had to impose strong Tax charges on foreign real estate investment, which has not prevented prices from continuing to rise with the contribution of locals.

Buying a house as an investment

The sharp rise in prices in Vancouver, one of the cities that is always in the ranking of the best quality of life in the world, has led many to buy houses as a mere investment without placing them on the rental market.

The positive side of deceleration

If you want to invest in Vancouver this is your moment. The city’s slowdown has set the stage for investors looking to get good deals, and experts say now is the best time for investors looking for opportunities.

Prices keep falling but some think they are close to the bottom and will soon start to rise again, although they are unlikely to return to the highs.

Taxes on foreign buyers, stricter loans and other restrictions imposed by the government have pushed foreign buyers out of the market and hit investor confidence.

Sellers have had to cut prices by 10-15% and the market has experienced a “significant slowdown” due to government cooling measures. Know more!

Offer and demand

If you wonder why prices are going up or down, the simplest answer is to think about supply and demand, but there are still several questions and causes to consider.

Even in the luxury sectors, where this decline is not usually significant, there are good opportunities.

According to Royal LePage, luxury homes in neighborhoods like Burnaby, West and North Vancouver, and the City of Vancouver have seen the biggest price drops, providing opportunities for buyers looking to enter the area’s upscale markets. .

If you are from abroad, even better

Current prices are especially good for buyers in the United States or Europe, where the currency is strong and they can get more value by paying in Canadian dollars.

Although they are still responsible for the Foreign Buyer Tax, maintaining the investment in the medium and long term can offset that tax.

Without question, Vancouver real estate will have an even higher premium in the world category.

“For investors and for luxury buyers, you have a world-class city that has not yet realized that it is world-class.”

Do you need any more reasons?

Well, you should know that Vancouver is a talent factory. Two prestigious university institutions and 20 post-secondary centers feed the city’s labor market every year with a talent trained for the new needs of the digital world, the entertainment industry, innovation and sustainability.

Vancouver is a world leader in the field of social enterprise; a broad and constantly growing sector that promotes social and environmental change through the power of new business models. For more details, visit: http://www.realtynotebid.com/why-hiring-a-vancouver-condo-specialist-is-important-when-buying/

Why Hiring a Vancouver Condo Specialist is Important When Buying

There is a growing popularity for downtown Vancouver condos. These are highly sought after and more people look to condos as a solid investment for the future. It’s easy to see why so many choose condos and the market is pretty steady at the moment too. Using a condo specialist might be necessary for you to find your dream home. So, why hire a Vancouver condo specialist, and what makes them necessary?

Negotiating the Sale’s Price

Buying a property is never easy and when you want to keep within a specific budget you have to negotiate with the owner. Unfortunately, that’s tricky because it usually involves the property owner’s real estate agent. They won’t be a pushover and know all the inside tricks and trade secrets to get more money for their client. A Vancouver real estate condo specialist is necessary because they’ll take up the baton on your behalf and will negotiate for the best deal possible. That is why you need a specialist on your side because they will make it easier to get the deal done.

Saving Time and Money

There are hundreds of homes to choose from; each has plus points for you and drawbacks. Trying to distinguish a home from them can be very difficult to do. Downtown Vancouver condos look amazing and you can be tempted by many of them but you can also waste dozens of hours viewing them. A condo specialist can prevent this. They will look for properties that are most relevant to you and point you in the right direction. It’ll be a fantastic way to save money too. You can spend a lot of time looking at homes that aren’t right for you. A specialist may enable you to avoid this. Read more!

Finding the Right Home

The Vancouver real estate market is vast and that doesn’t include downtown condos. It’s increasingly difficult to find a home you fall in love with before and after the initial viewing. Everyone makes their home like a showroom but it’s hard to see past the sparkle to the real home. Fortunately, a condo specialist can help you find a home that’s suitable for your requirements and in the perfect location. Specialists can be knowledgeable about the area and find condos that meet your full requirements. Remember, it’s all about finding a condo you can fall in love with now and tomorrow. Hiring a condo specialist is important because they can find a home that meets your requirements or specifications.

Get Specialist Help

Buying a condo can be fantastic, not to mention, a stressful time. Fortunately, things can be made slightly easier with a condo specialist. The specialist can look for a condo that’s within your preferred location and that also falls within budget. Even after you’ve found the perfect home the condo specialist can negotiate on your behalf so there’s little for you to do. It’s easier than you think. You can fall in love with downtown Vancouver condos and let the specialist worry about things. For more details, visit: http://www.realtynotebid.com/citizenship-by-investment-in-saint-lucia/

Citizenship by investment in Saint Lucia

There are many reasons as to why citizenship in Saint Lucia is attractive, and it can be easy to get by just as little as investing in a St Lucia villa. Based on your needs and situation, it could be the right step for you. In this article we will have a look at what it is, what the benefits are and how you can do it via investment.

Saint Lucia

Saint Lucia is a breathtaking island based in the eastern part of the Caribbean that is full of five star resorts, volcanic beaches and fishing villages. It is the perfect location for an island escape, weather that be for just you and your loved one or a whole family escape to relax and have fun. Saint Lucia has something to offer to everyone.

Benefits of nationality from Saint Lucia

In the current climate many people are now looking to the attractive option of gaining a second nationality, and Saint Lucia is a very attractive option to somebody looking to do so. Some of the benefits, to list just a few are the following: visa free travel to over 120 countries which include all of the carribean islands alongside with other countries in the common wealth.Tax advantages, which mean that you don’t pay taxes on worldwide income. Educational opportunities for your family, and alongside this there are no educational requirements for acceptance into educational programs. Security of living and working in a peaceful and politically stable country, so you no longer have to worry about you and your family in the future. Last, but by no means least, citizenship in Saint Lucia is forever, this means that once your passport is approved, that it is valid for a lifetime and can be passed onto your children and then onto theirs and so on and so on. Know more!

How to get nationality in Saint Lucia via investment

To be able to apply for citizenship in Saint Lucia you need to meet the following requirements: you need to already have a nationality, you must have a valid passport, all applicants and their dependants must not hold a criminal record, both applicants and their dependants must pass a medical examination, it is the responsibility of the main applicant to make the financial donation in real estate or to the National Economic Fund, children and dependants under 25 can be considered under the main applicants application – those over 25 have to make their own application, and for dependants over the age of 65 they can be considered on the application of the main applicant. The donation amount that you have to make depends on the application. A simple application for just one applicant would only have to be 100,000 USD invested in a property such as a St Lucia villa, whereas one for a couple would be 165,000 USD, for a family of four it would be 190,000 USD and from there on it would be an additional 25,000 USD for every extra dependant.

In conclusion, even though the first investment is high, getting citizenship in Saint Lucia is very quick and easy for you and your family, and you would be promised a safe haven for both you and your family in the future by doing so and not to mention you would have your own St Lucia villa to boot. Check out this site: https://www.forbes.com/sites/worldeconomicforum/2019/09/23/why-development-finance-matters-to-saint-lucia/#39dec92e65b3

Investing in Canadian Real Estate in 2020

What is real estate investing? Real estate investing is investment in which you actively own a property. There are different ways to invest in real estate, but to name a few: owning your principal residence, owning a rentalproperty, and/or house flipping to increase value of your home. There are many more ways, but in this article I will discuss those three as I feel they are the most popular among Canadians.

The classic approach in investing real estate would be to own your principal residence. When you buy your primary home, not only are you buying a place to live, but are also thinking long-term. Instead of paying your landlord’s mortgage when renting, you’re now paying your own mortgage. You are the landlord! In order to buy your own property, there are a few things to keep in mind.  A big one, you’ll need to save up for a down payment. First-time homebuyers can withdraw up to $25,000 from an RRSP toward that purpose. For those who aren’t first-time homebuyers, the TFSA is the next best place to save for a down payment.

House flipping can bring a major profit, if it is done correctly and professionally. With a house flip, you buy a “fixer upper” with a lot of potential, renovate it quickly, and then sell it for a big profit. To improve your chances of a successful house flip, you’ll want to look for a property that requires some TLC cosmetically (painting, upgrading fixtures, flooring, etc.), but doesn’t have any major faults, such as structural issues or a leaky basement. Although, it looks fun on HGTV shows, it is important to remember, house flipping can be a daunting task and you need to absolutely be sure you are up for the challenge. Not only is it best to sit down with a realtor after you are done with your fixer upper, it is highly recommended that before you buy the property you get it prescreened to make sure it can be resold. More details!

If you are worried about house flipping or risks associatedinvesting in rental properties is the way to go. While a rental property is an active investment, you can choose to be as involved as you like or not. You can manage it yourself as the landlord or hire a property manager to deal with the tenants.

Investing in Condominiums

Are condos a good investment? Simply, Yes! It is by far one of the more popular real estate investments in cities. Vancouver cityhas over 700,000 people and condos are being built more often than house.

Condos such as the West End Condos or the Coal Harbor condominiums are just a few examples that can give you the city luxury that you or your tenants would desire. Buying in areas that people want to live in will guarantee real estate investment success. Location is everything! The areas that are not well serviced by the public transit, restaurants, cafes and businesses are not going to perform nearly as well. Buying high-end quality and a unique condo can also bring in great resell value and a bang for your buck. Learn more details at: https://www.pwc.com/ca/en/industries/real-estate/emerging-trends-in-real-estate-2020.html

 

References:

https://www.greedyrates.ca/blog/how-to-invest-in-real-estate/

https://www.vancouverrealestatepodcast.com/podcast/advanced-tips-for-buying-new-condos-investment-properties-in-vancouver-with-craig-anderson/

https://www.weknowottawa.com/investing-real-estate-canada.ubr

 

Key Reasons to Invest in Real Estate

The benefits of investing in Vancouver Real Estate are various. With all-around picked assets, investors can appreciate predictable income, excellent returns, tax advantages, and diversification—and it’s conceivable to use real estate to manufacture wealth.

Thinking about investing in Vancouver Real Estate? You have to think about real estate benefits and why real estate is viewed as a wise investment.

Income 

Income is the net pay from a real estate investment after mortgage payments and operating costs have been made. A critical benefit of real estate investing is its ability to generate income. By and large, income strengthens after some time as you pay down your mortgage—and develop your equity.

Tax Breaks and Deductions 

Vancouver Real Estate investors can take advantage of various tax breaks and deductions to set aside cash at tax time. By and large, you can deduct the sensible costs of claiming, operating, and dealing with a property.

Appreciation

Real estate investors bring in cash through rental pay, any profits generated by property-dependent business activity, and appreciation. Real estate esteems tend to increment over the long run, and with a wise investment, you can turn a profit when it’s time to sell. Rents likewise tend to ascend over the long haul, which can prompt higher income.

Construct Equity and Wealth 

As you pay down a property mortgage, you assemble equity—an asset that’s part of your net worth. What’s more, as you manufacture equity, you influence to purchase more properties and increment income and wealth much more.

Portfolio Diversification 

Another benefit of investing in real estate is its diversification potential. Real estate has a low—and sometimes negative—correlation with other significant asset classes. This implies real estate to a portfolio of expanded assets can bring down portfolio volatility and give a better yield for every unit of danger. Click here!

Real Estate Leverage 

Influence is the utilization of additional money related instruments or acquired capital (e.g., debt) to build an investment’s potential return. A 20% upfront installment on a mortgage, for instance, gets you 100% of the house you want to purchase—that’s influence. Since real estate is a tangible asset and can fill in as collateral, financing is promptly accessible.

Competitive Risk-Adjusted Returns 

Vancouver Real Estate returns change, contingent upon factors, for example, location, asset class, and management. Still, a number that numerous investors focus on is to beat the normal returns of the S&P 500—what innumerable individuals allude to when they state, “the market.” The normal yearly return in recent years is about 11%.5

Inflation Hedge 

The inflation supporting capability of real estate stems from the positive relationship between GDP growth and real estate interest. As economies extend, the interest in real estate drives rents higher. This, thus, translates into higher capital qualities. Therefore, real estate tends to maintain the purchasing intensity of capital by giving a portion of the inflationary strain to tenants and incorporating a part of the inflationary weight as capital appreciation.

Real Estate Investment Trusts (REITs) 

If you want to invest in Vancouver Real Estate but aren’t prepared to leap claiming and overseeing properties, you might want to consider a real estate investment trust (REIT). You can purchase and sell traded on an open market REITs on significant stock trades. Many trades under high volume, which means you can get into and out of a position rapidly. REITs must receive compensation out 90% of pay to investors, so they typically offer higher profits than numerous stocks.6

The Bottom Line 

Despite all the benefits of investing in real estate, there are disadvantages. One of the principal ones is the absence of liquidity (or the relative difficulty in converting an asset into money and money into a purchase). Dissimilar to a stock or bond transaction, which can be completed in a flash, a real estate transaction can take months to close. Indeed, even with a representative’s assistance, it can take half a month of work to locate the right counterparty. Thus Invest in Vancouver. For more details, visit: http://www.realtynotebid.com/hiring-a-vancouver-condo-specialist-is-essential-when-buying/

Get Downtown Vancouver Condos at a Fraction of Uptown Prices with These Simple Tips

Vancouver real estate is in high demand. Canada is truly a beautiful country and many of its gorgeous cities like Vancouver are bursting to the seams with many residents looking for permanent new homes. Condos are really popular too and there seems to be more looking to buy these properties than ever before. However, is it really possible to get a good deal on the downtown area without breaking the bank? It is possible but it’s not always an easy task to do. Read on to find a few tips that might help you today.

Use a Real Estate Agent

It’s not always easy to find a condo at the right price which is why you need help. There are times when your search efforts are not enough and employing the services of a real estate agent will prove very useful! If you are looking to buy or rent a condo you need someone who knows this market fairly well and will be able to help you find homes that meet your criteria. Getting downtown Vancouver condos at a fraction of the prices for uptown can be difficult but with a good realtor or estate agent, it might be far easier. That is why it’s time you thought about getting a professional on board.

Search and Compare Many Condos

When you are looking for a great bargain on a new condo you have to look at a number of properties and not just one. A lot of people think the first property they see is the best but is it really? You want the whole or complete package rather than half of one because you won’t get the best quality there. When it comes to Vancouver real estate you want to ensure you search and compare a variety of condos across a number of areas. This will enable you to ensure the ones you choose are the right ones and not just because the numbers match. Comparing prices to the locations and what you’re getting for that will prove very useful. See more.

Don’t Be Afraid To Wait For the Right Listing

Another great way to potentially get a better price for your downtown Vancouver condos have to be waiting for the right home. A lot of people say when they see a decent price they should jump on it and snap it up but is that really wise? Do you like the home as well as the price? What happens if you don’t like the location? You can’t exactly move the condo and that’s a real problem. Far too many people don’t wait for the right listing and jump at the first low price they see which results in them being very unhappy. You don’t want that, you want to be happy and sometimes it means waiting just a little bit longer to get the right condo.

Find the Perfect New Home

Who says you have to spend big to get perfection? If you are a little more wary when it comes to purchasing a new condo and wait for the opportune moment and the right property you can get a perfect little home today. There are lots of options available when it comes to condos and you want to ensure you find the right one. Take your time and find the condo which meets all your needs and wants. Vancouver real estate is popular and you can own a piece of it.