Investing in real estate

Investment PropertyBuying an investment property is a popular option for Canadians looking at different ways to invest their money.

People new to real estate investing often have no idea where to start.There are a lot of questions from aspiring real estate investors as to how they should begin, and what they should be doing. Getting started in real estate investing can be a daunting task. However, if you take the time to build a solid foundation of knowledge before you begin, you will be off to the races.

Found 146 blog entries about Investing in real estate.

Canadian credit scoreYour credit scores are an important aspect of your financial profile.

They may be used to determine some of the most important financial factors in your life, such as whether you’ll be able to lease a vehicle, qualify for a mortgage or even land that cool new job.

And considering 71 percent of Canadian families carry debt in some form (think mortgages, car loans, lines of credit, personal loans or student debt), good credit health should be a part of your current and future plans.  High, low, positive, negative – there’s more to your scores than you might think. And depending on where your numbers fall, your lending and credit options will vary. So what is a good credit score? What about a great one? Let’s take a look at the numbers.

In a

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The rental market is booming.

Kelowna Rental PropertyRenters are turning to extended leases as a cost-effective alternative to save for their future home purchases. Plus, with the current crazy increases in property values in Vancouver and Toronto that are creating more and more renters on the market. The high demand for rentals yields increased profits for rental property owners who can charge higher rents. As always a local real estate agent will help you with your decisions and make the search for the right property easier.

Considering entering the property management industry? Use these 10 tips to get started.

Invest Long-Term

View purchasing a rental property as a long-term investment. A short stint in the property management industry is not likely to generate

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How to choose your Kelowna Realtor

Are your instincts telling you that you have the wrong Realtor? Trust those instincts and watch out for these telltale signs you’re working with the wrong person

There are many wonderful REALTORS® out there who work hard for their clients and help them with every detail of their transaction, but this type of service isn't always guaranteed.

Perhaps you’re preparing to list your home or currently searching for a new one. Either way, it’s absolutely essential that you hire the right Realtor for the job. The home purchase and sale process can stress out buyers and sellers, including their agents and brokers. This stress can be caused or amplified when personalities clash or when the real estate transaction does not go as planned.

Your agent will

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BCREA 2020 First Quarter Housing Forecast Update

Vancouver, BC – January 23, 2020. The British Columbia Real Estate Association (BCREA) released its 2020 First Quarter Housing Forecast Update today.

Multiple Listing Service® (MLS®) residential sales in the province are forecast to increase 10.3 per cent to 85,290 units this year, after recording 77,349 residential sales in 2019. MLS® residential sales are forecast to increase 6.3 per cent to 90,700 units in 2021. BC real estate sales

“The outlook for home sales in 2020 is considerably brighter than the past two years,” said Brendon Ogmundson, BCREA Chief Economist. “Momentum carried through from the end of 2019 to 2020 will put the housing market on more solid footing, aided by low interest rates and an improving

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So you are looking to move to Kamloops.

Kamloops BCSo what are the advantages to living in Kelowna opposed to lets say Kamloops or Merrit? Kelowna which comes from the Okanagan term for "grizzly bear," is located on Okanagan Lake in British Columbia, Canada. Kelowna is the 22nd largest city in Canada and the 3rd largest metro area in British Columbia with a population estimated at 120,000 in 2015.

Kelowna History
The first European to settle in the Kelowna area was Father Charles Pandosy, a French Roman Catholic missionary. The city was incorporated in 1905 when the city had 600 people and the economy centered on farming, cattle ranching, hay and grain cultivation, and orchard growing. The city's population grew dramatically after World War II partly due to a

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Kamloops home for sale as-isA house being sold “as is” is a real estate term you should know before you start house hunting.

You found a house in your dream neighborhood. It has the right number of bedrooms, bathrooms, and a nice backyard. It’s just what you were looking for. Then you learn it is being sold “as is.” That house that seemed so perfect now seems a bit frightening.

Selling as house “as is” basically means the seller will make no repairs or improvements and is selling the house in its current condition. In many cases, the houses are “as is” because the seller can’t afford to make the improvements. “Once you buy that house, it’s yours and you’re pretty much stuck with whatever decision you made, so you really need to be very educated and thorough about what you’re

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Kamloops investment PropertyThere are some parts of Canada where the prices of real estate have already shot up toward what is likely to be a peak for the time being.

In some other areas, though, the markets are just heating up, and interest rates are still relatively low. This makes this a terrific time to start investing in real estate. However, if your liquidity is on the low side, where do you get the funds?

Why borrow against home equity?

What is home equity? It’s the difference between the market value of your home, as determined by an appraisal, and what you owe on the mortgage. If you bought a house for $750,000, and you’ve paid down the balance on the mortgage to $250,000, but the value of the home has gone up to $900,000 in the years since you bought it, you have

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Fix or flip your Kamloops Investment PropertyOne of the beauties of real estate investing is the numerous options to make money which the industry gives you.

Whether you are looking for quick cash or for long-term income, whether you are after passive income or don’t mind rolling up your sleeves, real estate has the right answer for you. Make sure you have a great Realtor and financial advisor when embarking on any of these life altering decisions.

The Advantages Of Fix And Flip

• Quick Money

The number one pro of the fix and flip strategy is that you make fast money. You can conclude your whole endeavor in a few months and walk out of it several thousand dollars richer. As far as real estate goes, this is the fastest way to make money. And depending on how good you are at buying low and

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BC septic systemsAn in-depth look at the foundation of a design for a typical septic system design in BC

With BC regulations, prior to moving forward with a septic system design BC, an authorized person, typically a Registered Onsite Wastewater Practitioner (ROWP), will perform what is called a site and soil evaluation.

Typical requirements in data are obtained to properly incorporate a septic system design BC, this will include checking the siting of the septic system to ensure that it will comply with any restrictions registered against the land title.

Identifying boundaries for horizontal separation from the system components to such things as property lines, water bodies drilled wells and break out points in the topography.Soil Permeability

Looking for potential site

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Are you in need of a Bad credit mortgage loan lender? Are Banks and Brokers saying no?

Kamloops Private LendersWhen most people think about the process of applying for a mortgage, they think about going to a bank or other lending institution depending on where they live. Private Mortgage loans are short in term, ranging from six months to three years. They are based on assets or a hard money real estate loan. What determines whether or not you get the loan depends on the value and equity of the property that serves as the collateral, rather than the credit of the party taking out the loan. Many professional real estate investors who want to purchase, renovate and “flip” a property, or liquidate the equity from property that produces income use Bad Credit Mortgage Lenders.

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