investment

/Tag: investment

August 2015

What is a cap rate anyhow?

By |2015-08-08T11:41:52+00:00August 8th, 2015|Hot Tip|

Investors are always searching for profit or yield, but how do you know what actual cash flow there comes out of a given property? Well, Real Estate investors – small and large – use what they call a cap rate to find the true net income. But to find that elusive rate is one of most difficult and perplexing problems for realtors and investors. Market comparables are often hard to find and the income and expense statements often only a wild dream by the owner.

Comparables for an older apartment building may also be harder to come by – not as easy as […]

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.