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How to Buy a Home in BC with Low Income
 
Five tips that will help you become a homeowner, even if you have a low income.
  1. Create a savings strategy. ...
  2. Take advantage of the Home Buyers' Plan (HBP) ...
  3. Get an RRSP loan. ...
  4. Get help from loved ones. ...
  5. Take advantage of municipal assistance programs.

I am very passionate about helping my clients get into the Real Estate Market.  Such a great investment for their future.   Please contact me for a free consultation, and I will give you the resources to get you on the right path.  Namaste.

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3 Ways to make money in Real Estate

1). To Buy and Hold is the most popular investment strategy for residential real estate. You can buy a property and wait until it appreciates, or you could rent it out to tenants.

You can also live in the property and rent out rooms in your house (a great way to collect extra money for the mortgage payment), or if you own a multi-family home, you can live in one unit and rent out the others.

When you rent out a property to tenants, you’ll become the landlord of the property. You’ll have several landlord obligations to fulfill, including hiring contractors to do maintenance tasks when needed.

If you’re only trying to develop a passive income, you might opt to hire a property management company to manage your properties. Most property management companies will charge between 8-10% of your monthly rental income, but they’re a godsend for investors who are too busy to handle landlord duties or screen new tenants.

2). House Flipping has become one of the most exciting types of real estate investments—hence the large number of HGTV shows dedicated to them.

Fix-to-flip investment is when you purchase a run-down or low-valued property.  You renovate quickly, and then you sell it for a profit.

You can generate significant returns with a successful house flip, but they’re challenging and not always suitable for beginning investors. You need to have a good sense of how much renovations will cost (the higher the renovation cost, the lower your profit margin) and how much those renovations will affect the home value.

3). Vacation rentals are more popular than ever, thanks to websites like Airbnb & VRBO. These properties can be tremendously lucrative investments, even when you’ve accounted for cleaning costs and website commissions.

It’s important to know that short-term rentals are being increasingly regulated, primarily due to the escalating housing crisis.  Many provinces and local governments are apprehensive about properties being held as vacation rentals, rather than being used for long-term housing.

Please contact me with any Real Estate investment opportunities that you are interested in.  I would love to be of assistance to help you reach your real estate goals.

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New Homes & Pre Construction in South Surrey, Surrey, BC

Are you looking for a new home or presale development in South Surrey?

Why choose South Surrey?  Well, why wouldn't you?  It is a great place to live and call home.  Enjoy an active lifestyle with all the parks, trails, beaches, great schools, golf courses, gyms, recreation centres, aquatic centre, community centres, restaurants, shopping, big box stores, outlet malls, and a real sense of community.  South Surrey has something for everyone.  From Crescent Beach to Pacific Douglas we have homes that suit every lifestyle.  Urban to organic settings.  I have happily called many neighbourhoods in South Surrey home for the past 20 years!

Sandwiched between Hwy 99, and Hwy 15 (176th Street), you have many options to get into the city or to travel East into the Valley and beyond.  With the US Peace Arch border minutes away. You have lots of options for day trips. 

Although no need to travel far as you will also be minutes from beautiful White Rock beach and the iconic pier (Canada's longest pier). Stroll the 5 klm promenade or walk along the beach.  Bring your dogs (not allowed on the pier or the promenade during the summer months) but always allowed on the beach.  Grab an ice cream, gelato, or coffee from the many cafe's and ice cream palors.  Or sit on one of the many patios and bask in the sun and enjoy the views (especially the gorgeous sunsets).  Also famous for all the great fish-n-chips eateries in East Beach!

Many options to review:

Chelsea at the Boroughs Grandview

The Loop in Grandview

Glenmont Pacific Douglas

Sunnyside Homes Sunnyside

Edgewood Grandview

Southhaven King George Corridor

Enclave Grandview

Fox and Aikins Grandview

Douglas Green Pacific Douglas

Please contact me for availability, estimated completion dates, floor plans, deposit schedule and to learn more about features and benefits.

I look forward to being your guide in purchasing your New Home in South Surrey - Welcome Home!

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Buying a home with a Rental Suite?

Why Purchase a home with a mortgage helper?

Renting out part of your home offers significant financial gains, and is encouraged by the Canada Mortgage and Housing Corporation (CMHC), for being an effective contributor to affordable rental housing. For example, the Crown Corporation estimates secondary suites account for one fifth of all rental supply in Vancouver, a city with nearly zero (0.6%) rental vacancies.

“Not only are secondary suites a source of affordable rental housing, they can also provide the needed extra income to first-time buyers for whom that additional income makes housing affordable in high-cost areas,” the CMHC states on its website. In September 2015, it also passed new rules to make it easier for landlord homeowners to qualify for loans and mortgages – 100% of gross rental income can now be included as part of their debt-servicing ratio.

While that’s a big plus for buyers who are looking for the additional help qualifying, the CMHC points out that income suites are also a great option for retirees who may not wish to downsize & leave their family homes. “For older households who no longer need a larger house, the addition of a suite can generate needed income and security, as well as allow them to continue to live in their neighbourhoods and age in place,” it states.

However, you’ll be sharing your home with other people, and that’s not for everyone. Be sure you're willing to tolerate things that go bump in the day and night.  It is important to do your research on what you will need and what to expect as a landlord.

Please reach out for more information.  I would love to be of assistance in helping you reach your real estate goals.

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Old Home or New Home, What is most affordable?
Is it cheaper to buy a new house or remodel an old one?
 
 
In most cases, a home that needs renovations is going to be cheaper than new construction. It is important to understand what you are getting into when you buy a home to renovate, however. If the costs of the renovations are too high, then you won't have much of a return on your investment.
Planning your renovation budget accordingly to the area and overall market, is key.  You don't want to invest high end finishes to a home where you will not see the return.    
 
Please reach out for more information.  I would love to be of assistance in helping you make the right move for your family!
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Live in Grandview & Morgan Crossing

Grandview & Morgan Crossing


Experience The best of the South Surrey White Rock lifestyle here.  With everything you need at your door step such as; Great Restaurants, Shopping, Golf Courses, Trails, Parks,Aquatic Centre, Gyms, Yoga, Pilates, and Spin classes, and don't forget the beaches. You don't have to leave, It's all here!

This makes this area very desirable for families and singles in the Grandview Heights/ Morgan Crossing communities. Grandview is formerly a largely agricultural area that has witnessed a remarkable transformation in the past 10 years. 

Growing neighbourhoods with exciting new Condos, detached homes and townhomes in carefully planned communities.  Affordability is drawing new residents to enjoy the amenities, and Urban Lifestyle while living within 10 minutes to White Rock Beach and Crescent Beaches. 5 minutes to the US border crossing and easy access to Hwy 99 will get you into Vancouver in 45 minutes.

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Great Communites to Live, Grandview and Morgan Crossing, South Surrey

                                                           Grandview & Morgan Crossing 


Desirable Urban Style Communities

The best of  South Surrey White Rock lifestyle is all here.  From beaches to several fitness studio's, Gyms, many hiking & biking trails, New Acquatic Centre, New Schools, many Restaurants, outlet stores and shops, Golf Courses are ALL here for families and singles in Grandview Heights & Morgan Crossing to experience.  All right at your doorstep.

Grandview & Morgan crossing is formerly a largely agricultural area that has witnessed a remarkable transformation in the past 15 years.

Location

Close to Hwy 99, which provides easy access to Vancouver,  approx. 45 minute drive.  Only 5 minutes to the US border crossing and 10 minutes to either White Rock or Crescent Beaches.  

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New Listing 73 16458 23A Ave. South Surrey

New Townhome Listing South Surrey Grandview.

One of four duplex style townhouses at Essence at the Hamptons. This attractive unit shows its quality and luxury by extensive millwork, engineered hardwood, designer paint, gourmet kitchen, built-in workstation…Almost 2,000 sqft, spacious in each room. South exposure plus large windows from three sides making this unit super bright and airy. Sitting in the heart of the complex and having extra distance from neighbor buildings stand this unit out. 3 br w/2 wic, side-by-side wsh/dryr on upper floor, 1 south facing br w/ensuite below, large side-by-side double garage, unbeatable location: walk to stores, restaurants, schools, aquatic centre...Better than new. Check this out.

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Contact me for more information or to view this lovely home.

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For Sale #50 15898 27 Ave. South Surrey, Grandview

New Townhome Listing South Surrey Grandview

Kitchner Townhomes.Built by Mosaic. Charming rowhome style townhouses in the heart of the Morgan area. Walk to Shops at Morgan, Grandview pool and rec center, local schools and parks. Immaculate 3 level home with full size double car garage. Open concept main floor walks out to fenced yard and private street entry. Master bedroom, w-i closet and ensuite bath on the upper level with 2 more generous size bedrooms. 4th bedroom or flex room with high ceilings and ensuite bathroom on the lower level. Features include bright bistro kitchen with stainless appliances and island, warm herringbone vinyl plank floors, sleek Kohler fixtures, California shutters on windows, California closets in master. Sunnyside Elem, Grandview Sec catchment, Southridge private school close by. Clubhouse w/full gym.

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Contact me for more information or to view this lovely home.

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New Listing, Townhome for Sale South Surrey Grandview

New Townhome Listing in Grandview/South Surrey

units are hard to find, especially at Berkley Village! Opportunity is knocking for this well appointed townhome measuring 1,300 SQFT including 3 bathrooms, 2 bedrooms and a large den to work from home. This is a spacious (think 9ft ceilings) and bright floorplan comes with the perfect kitchen because it’s flooded with light from two sides. With Kitchen Aid stainless steel appliances, including a gas range in the kitchen, side by side parking on the ground floor and a massive rooftop with developer installed water and gas sources - your future hot tub, bbq and gas fire table will fit perfectly! Unit 118 has also had laminate floor extended into the bedrooms and the den making the home feel more complete

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Contact me for more information or to view this home.

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