18 10, 2019

The pros and cons of buying an income property in Vancouver in 2019

By | 2019-10-02T16:59:23-07:00 October 18th, 2019|Investment Properties|

With Vancouver's real estate market returning to "more typical levels", now may be the time to consider investing in an income property. Not sure if buying an income property in Vancouver is right for you? We have put together some pros and cons to help you decide.  The pros of buying an income property in Vancouver  1. Predictable monthly income  An income property in Vancouver can be a reliable source of revenue as long as you have tenants in the home. Who would not want to make additional money every month? The best part is that when you are done with your income property, you can always put it back on the market.  2. Increasing property values  Property values are generally trending up. That means if you can buy the right property at the right price, you are going to