Is it Worth Buying a Fixer Upper?
Posted on May 01, 2024 in Investment Property
Buying a fixer-upper in British Columbia can be a rewarding investment, but it also comes with its set of challenges. Here are some considerations to help you decide if it's worth it for you, along with sources for more detailed information:
Pros of Buying a Fixer-Upper:
- Lower Purchase Price: Fixer-uppers often come at a lower price compared to move...
5 Red Flags its Time to Sell Your Investment Property
Posted on Apr 15, 2024 in Investment Property
Deciding to sell an investment property is a significant decision that requires careful consideration. Here are five red flags that may indicate it's time to sell your investment property:
- Declining Cash Flow: If your property's rental income is consistently decreasing or not keeping up with expenses such as mortgage payments, property taxes, mainte...
Want to make Passive Income on your Property?
Posted on Oct 23, 2020 in Investment Property
Photo credits victoriahomessearch.com
Owning income producing properties (residential rentals, apartment buildings, mobile home parks, vacation rentals, summer homes) is the only true way to build wealth in real estate. The possibilities are very real for positive cash flow, appreciation and several tax benefits which all play a strong role in incre...