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August 2015

Islands in the Sun – Recreational island investing

By |2015-08-01T19:09:20+00:00August 1st, 2015|Hot Tip|

Recreational island investing … often it is better to poke yourself with a sharp stick in the behind.

Things to do – why you should be doubly careful when investing In Your Island in the Sun

  • We forget that islands take ferries (some take 3 ferries)
  • Building at waterfront could be impossible (can no longer go to the water – 100 ft. away)?
  • Buying on a “No ferry islands” – boat access only – hardly any use?
  • Location – west view is best – look where your island property gets the sun? Morning or afternoon sun?
  • Mortgaging difficult – if owner carries – get 10 years length
  • WATER: water well … just enough to brush your teeth. […]

Gibsons condo

By |2015-08-01T11:05:52+00:00August 1st, 2015|Hot Property|

1. Gibsons condo

Top floor condo rented at $1,000. Price $158,500

  • walking distance to shopping, restaurants, transit, schools
  • s/s appliances, in-suite laundry, natural gas fireplace

2. Mission

1 bedroom condo listing for $86,000 in Mission. The rent in that area is $850/month. The SELLER will carry financing.

With a 20% down payment monthly cash flow is $150.

 

July 2015

Rare Kamloops Triplex

By |2015-08-01T19:06:51+00:00July 14th, 2015|Hot Property|

1. RARE Kamloops Triplex in North Kamloops. GREAT Income. Sale Price: $429,900. Monthly Rent: $3465;

2. EDMONTON; No Money Down Condo in Edmonton. 1 unit left in a building that has been redone and stratified. He is offering some creative ways to sell it which can equate to a no money down deal. The unit is a bedroom unit close to the river valley.