Whether you’re a single or double income household busting at the seems trying to balance a cheque book and a nocturnal infant, or trying to figure out new ways to toss your alarm across the room everyday at 6 am, our lifestyle choice is a determining factor as to what purpose purchasing a second home would satisfy. 


 A second home can be utilized as an income earner throughout the year.

Most of us rent for many years before owning our first “standard home” and after some time may wish to sell it in order to purchase a second one. 

Assuming that the kids aren’t piled into one room and the roof isn’t leaking, why wouldn’t we consider

purchasing a rental property and adding to our portfolio? Think about this:

With the extra income you can jet set around the world. Ok,  maybe not the world… but it may just allow you the financial freedom to take your friends to the movies and spend $62 on popcorn and Twizzlers.



Real Estate is one of the smartest long term

investments you can make with your hard earned

cash and current equity.


So as you look at all your financial options for the upcoming year, ask yourself first and foremost; what results do I need from the investments I plan to make? Then analyze your options in the context of your goals. If you choose real estate, simply stick to the fundamentals, take action while others worry over headlines of global chaos, take advantage of the low rate environment and use leverage wisely. Invest and don’t speculate and both you and your children will be glad you did in the years to come.


Don’t pay for another hotel room.

We tend to leave the vacation home owners alone in their pleasures because we just can’t grasp how to incorporate that luxury into our own lives. But having a little cottage getaway where alarm clocks lay dormant may not just be the daydream we have during these gloomy West Coast winters.


Vacation properties can come complete with groundskeepers and maintenance men. From Cultus Lake to Whistler, Ucuelet to the Okanagan, B.C. has some of the most beautiful vacation spots on the planet to choose from .


Here's a superbly written article written by Peter Kinch who is the author of The Canadian Real Estate Action Plan and co-author of the Canadian Bestseller - 97 Tips for Canadian Real Estate Investors.

MORTGAGE MINUTE: Looking ahead to investing in real estate for 2012


While I can’t promise that it will get you that Ferrari or put your kids through Yale, owning a second home-whether it is for vacation or to generate a rental income-is an upgrade in lifestyle.  The good with the bad and the bitter with the sweet is indeed the plague of many second home owners, but the satisfaction and pride in owning two homes for these very same home owners, is priceles


Happy Investing!!












Realtor's don't decide how much your home is worth. The price your home will realize should be determined by market conditions, which is ultimately a direct reflection of supply and demand.


What's the difference between a “Buyer's Market” and a “Seller's Market” and how does it affect the price of your home?


In a Seller's Market, inventory is lower in comparision, therefore Seller's often have the benefit of pricing power. There are fewer purchases which result in properties staying on the market longer and median sales are on the downward slope. Buyer's tend to find themselves in competition with eachother, therefore putting pressure on home prices.


On the other end of the spectrum, the opposite is true in a Buyer's Market where Buyer's have an unambiguous advantage due to the higher volume of inventory available.


During a phase such as this, homes stay on the market for longer periods of time and Seller's feel the heat to price their home more competatively with the waning levels of urgency for Buyer's to purchase.


Selling your home in today's Buyer's Market is not a matter of perception but a matter of how realtistic you are at pricing your home.

Categories:   abbotsford | Abbotsford East, Abbotsford Real Estate | Abbotsford Real Estate | Abbotsford West, Abbotsford Real Estate | Aberdeen, Abbotsford Real Estate | Agassiz, Agassiz Real Estate | Aldergrove Langley, Langley Real Estate | assistant | bowman | Bradner, Abbotsford Real Estate | buying | cash advance | Cedar Hills, North Surrey Real Estate | Central Abbotsford, Abbotsford Real Estate | Chilliwack E Young-Yale, Chilliwack Real Estate | Chilliwack N Yale-Well, Chilliwack Real Estate | Chilliwack Real Estate | Chilliwack W Young-Well, Chilliwack Real Estate | Chilliwack Yale Rd West, Chilliwack Real Estate | Common Buyers Mistakes | coordinator | Cottonwood MR, Maple Ridge Real Estate | debt | Dhaliwal | Durieu, Mission Real Estate | East Central, Maple Ridge Real Estate | Eastern Hillsides, Chilliwack Real Estate | Eimers | Fort St. John Real Estate | Fraser Valley Blanket Drive Donate Warmth | Fraserview NW, New Westminster Real Estate | FVREB Out of Town, FVREB Out of Town Real Estate | Greendale, Sardis Real Estate | Guildford, North Surrey Real Estate | Harrison Hot Springs, Harrison Hot Springs Real Estate | Harrison Mills, Harrison Mills Real Estate | Hatzic, Mission Real Estate | Home sales Fraser Valley | Hope Center, Hope Real Estate | Hope Silver Creek, Hope Real Estate | Krista | Krista Dhaliwal | landmark | Langley City, Langley Real Estate | Lindell Beach, Cultus Lake Real Estate | listing | Little Fort, North East Real Estate | loans | Matsqui, Abbotsford Real Estate | mission | Mission BC, Mission Real Estate | Mission-West, Mission Real Estate | Morgan Creek, South Surrey White Rock Real Estate | mortgage | Mt Woodside, Agassiz Real Estate | Mt Woodside, Harrison Mills / Mt Woodside Real Estate | Mt Woodside, Harrison Mills Real Estate | North BC real estate investments | P3 Stave lake water | Pender Harbour Egmont, Sunshine Coast Real Estate | Poplar, Abbotsford Real Estate | Promontory, Sardis Real Estate | properties | real estate | realtor | Rosedale Popkum, Rosedale Real Estate | Salmon River, Langley Real Estate | Sardis East Vedder Rd, Sardis Real Estate | Sardis South, Sardis Real Estate | Sardis West Vedder Rd, Sardis Real Estate | Sardis West Vedder, Sardis Real Estate | selling | Sumas Mountain, Abbotsford Real Estate | Sumas Prairie, Abbotsford Real Estate | travis | Vedder S Watson-Promontory, Sardis Real Estate | Willoughby Heights, Langley Real Estate | Woodwards, Richmond Real Estate | Yarrow, Yarrow Real Estate
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.