All good points above. However, most of those points are logical, rational responses. Prices in Vancouver have gone beyond any rational level based on investment fundamentals, so we should not be surprised if it slides below levels that logic or rationale would dictate. The psychology of the...

Oh, I have no intention of investing in Vancouver. It`d be throwing money away at this point in time. I just find the advertisements kind of sad as a lot of naive people will (in my opinion) get wiped out if/when short-term rates move up even a bit. I suppose it`s not sad if the people learn...

Saw an ad for a new condo development in Vancouver called 2300 Kingsway. They are marketing as great for investors with the usual "Have someone else pay your mortgage"... Price starts in the 300s for a ~400 sq foot place that they "estimate" can rent for $850. Using a 2% mortgage rate it...

A follow up question - what happens if the house is currently occupied and we buy "as is where is", after subjects released the occupants completely trash the place? Is is realistically enforceable that the house is in the same condition as of the XXX date we viewed it? What I`m concerned...

Hoping that RE prices in Vancouver go up because of the Olympics is like waiting for the greater fool to come along. Everyone knows the games are coming, specifically when and for how long. I don`t see how the fundamentals are changed by a short-term event that is likely already priced in...

What is everyone`s thoughts on the recent stats in BC / Vancouver showing prices up (very slightly) the past few months? Sign of recovery? Or a dead-cat bounce? I realize most people on this board are long-term buy,hold, etc. just wanted some expert thoughts. I think in general, most of...

Just a general question, are there any investors in this forum that even bother to look for properties in Vancouver right now? Seems that with the current cap rates, it makes it basically impossible to find anything of great value.

Hello, your experienced input is much appreciated! I`m looking for some opinions on the options I`m considering.. Background: - Own a 900 sq. ft. condo in the Lower Mainland; had offers in the $345-$350k range - Approx. $55k left on the mortgage - so equity of about $280k (after realtor...

Yeah, $1300ish rent for a $330k 2 bedroom condo would be in Burnaby, definitely not downtown

Hello: Really new to the topic of RE investing. Looking at some numbers in areas around Lower Mainland / Vancouver - the CAP rates seem extremely low, nowhere near 8% or so most posts on this board seem to look for. Are most investors in this area currently looking to wait it out until the...