My specialty is in finding investment properties. Why is that? I too am a real estate investor and I closely follow not only the BC real estate market, but also, the rental market. I own 7 rental suites in Southern BC and created a detailed plan of how these units would provide my retirement cash flow. I followed my plan and after 12 years of owning rental properties (5 of those years were FI focused), I have freed up my time to travel, visit loved ones, and dabble in new hobbies.
I was previously a CPA and therefore crunch numbers on profitability and have a wealth of knowledge about what you need to know when buying an investment property. I have out of area expertise (within BC) with purchasing homes, adding a secondary suite, and managing the properties.
I work with the following types of investment properties:
- Buying a home with a secondary suite
- Buying and adding a mortgage helper
- Buying a home, condo, or townhouse to rent out
What I don’t work on are: JVs, sales North of the Okanagan, and sales larger than 4 doors.
Any Realtor can buy or sell a home for you, but there are only a handful of REALTORS that follow the rental market trends, understand and have experienced the construction process first hand for fixing up a rental home or adding a secondary suite, are capable of calculating the potential profitability and conducting the analysis, and knowing which mortgage lenders will help you grow your portfolio. I have aligned myself with the right people to help you further, such as Investment-Focused Mortgage Brokers, Insurance Companies that will easily insure multi-family and for reasonable rates, and Property Managers.
This is how I have grown my business, by proving that I am a true specialist with investment properties. Check out my blog for articles that I have written on investment properties or contact me now to discuss our next steps.
Experience and Specialty
With a previous background in accounting, I think big-picture and about long-term investment strategies. My personal investment style is within real estate, as I invest in income properties within British Columbia for both the recurring monthly revenue and asset appreciation.
There are many profitable cities within British Columbia to own real estate in and generate cash in your bank each month. Most cities in BC have a near 0% vacancy rate; therefore, becoming a landlord in BC is very rewarding.
What better way to earn a return on your investment than to become a landlord and realize 8 to 20% returns each year just on the positive cash flow from rent! That’s not even including the appreciation of the home or the mortgage paydown.
The construction process of creating a secondary suite is very familiar to me as I have undergone the hands-on process of renovating from studs and having to add a separate entrance. Perhaps you’re considering buying a home and adding a basement suite or a carriage home as a mortgage helper. To get started, contact me today.