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  1. S

    Is this development nuts?

    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...
  2. S

    Thoughts on the recent Vancouver stats...

    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...
  3. S

    Any investors even bother to look in Vancouver now?

    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.
  4. S

    Would you refinance and look for additional property?

    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...
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    CAP rates in Vancouver

    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...
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