investment plan Archives - Flipside Homes

5 investment property renovations you should do during a buyer’s market

14 06, 2019

5 investment property renovations you should do during a buyer’s market

By Vaughn at Flipside Homes|2019-05-23T17:35:18-07:00June 14th, 2019|Investment Properties|

Right now, Vancouver is a buyer’s market. This may seem surprising; but, with prices having skyrocketed over the past few years and properties flooding the market, it has seen a decline. Currently, sales in Vancouver are at their lowest point in many years. But, what does all of this mean for you? How do you stand out in this challenging market? One of the best ways is to make your home more appealing to buyers. In order to do this, you may need to engage in some investment property renovations. Before doing that, however, it is important to consider which renovations are the right fit for your property. How to use investment property renovations to your advantage in a buyer’s market In a buyer’s market, there are more homes than there are buyers. This means that sellers must entice buyers

The 5 types of Vancouver income properties you should invest in

31 08, 2018

The 5 types of Vancouver income properties you should invest in

By Vaughn at Flipside Homes|2018-08-07T10:37:01-07:00August 31st, 2018|Investment Properties|

Having a Vancouver income property can already be lucrative. And with housing becoming increasingly scarce, the cash flow generated by a Vancouver income property is only going to grow. In order to get the best return, however, it is important to select the right property for you, your neighbourhood, and the types of tenants you are hoping to draw in. 5 types of Vancouver income properties In order to select the right Vancouver income property for your situation, it is important to know what options are available to you. That is why we have not only laid out five key types of Vancouver income properties, but have created a list of the pros and cons for each one. 1. Secondary suites Secondary suites are booming in Vancouver. Why are they so popular? First, they allow you to enter the Vancouver

5 red flags to watch out for when purchasing an investment property in Vancouver

20 07, 2018

5 red flags to watch out for when purchasing an investment property in Vancouver

By Vaughn at Flipside Homes|2018-06-20T13:11:15-07:00July 20th, 2018|Investment Properties|

It’s a good time to be looking at buying an Investment property in Vancouver right now. But how do you ensure you don’t end up with a lemon? There are a few warnings signs to watch out for when you are on the hunt for an investment property in Vancouver. The 5 warning signs that an investment property in Vancouver could be a lemon 1. It is in a bad neighbourhood If the neighbourhood is bad, you are generally going to have a more difficult time reselling your investment property in Vancouver. How do you know the calibre of the neighbourhood though? First, take a look around. Are there lots of empty storefronts? Are the streets dirty? Do the buildings seem rundown? If so, you are likely looking at an area on the decline. While your eyes can help

How to choose the right neighbourhood for your investment property

8 06, 2018

How to choose the right neighbourhood for your investment property

By Vaughn at Flipside Homes|2018-05-22T11:47:13-07:00June 8th, 2018|Investment Properties|

When home hunting, renters and buyers tend to look at the neighbourhood that appeals most to them. However, when shopping for an investment property, there are a certain set of qualities to look for in the neighbourhood where you will buy in order to get the best return on your investment. What you should look for in a neighbourhood for your investment property 1. What does this neighbourhood offer? If you plan on renting out or flipping a property, amenities could be the factor that makes or breaks a deal. Therefore, you want to make sure you look into what each neighbourhood has to offer. Think about what would appeal to the kind of renter or buyer you are hoping to attract. For example, if you are purchasing an investment property by a university, you want to look amenities that

Buying an income property in Vancouver? What you need to know first

18 05, 2018

Buying an income property in Vancouver? What you need to know first

By Vaughn at Flipside Homes|2018-04-24T13:11:46-07:00May 18th, 2018|Investment Properties|

With rental prices skyrocketing, it is the perfect time to have an income property in Vancouver. Having an income property in Vancouver, however, is not as simple as just buying a home or condo and renting it out. So what do you need to know before purchasing an income property? What you need to know before purchasing an income property in Vancouver 1. Rental laws It is important that you review the rental laws that govern your income property in Vancouver. These include laws related to the property, as well as those governing your rights and responsibilities as a landlord. To best protect yourself, consult with a real estate lawyer to review all relevant laws before you purchase an income property. 2. Regulations around short-term rentals This is especially important now as there are a number of new regulations governing