Condos downtown Victoria, B.C., parking spot or not?

With the parking crunch, downtown Victoria parking spots will become increasingly valuable!

You might want to think twice about renting your basement suite due to potential tax implications!

Depending how fast the market is appreciation you could potentially be losing money on your suite each month, if you have to pay capital gains on the portion of the home which is your suite.

***THIS IS NOT TAX ADVICE, CONSULT A PROFESSIONAL ACCOUNTANT***

Failing at Real Estate is usually a result of involving emotion in the transaction.

When shopping for houses, it helps to treat them as direct substitutes such as Coke and Pepsi. If you are set on Coke and won’t consider Pepsi you are more likely to make a bad financial decision.

Victoria, B.C., Downtown Condo Pre-Sale Launches in next 60 days; The Wade, 989 Johnson, 595 Pandora

What do I personally look for?

Are REALTOR® reviews really that valuable to the consumer?

As a REALTOR® it is not very difficult to influence your average online REALTOR® review.

Are condos used as Airbnb really that problematic for strata corporations?

Assuming the city zoning allows for Airbnb and the current bylaws don’t restrict vacation rentals is there really a legitimate need to amend the bylaws to restrict Airbnb and vacation rentals?

Vancouver Airbnb crackdown; the art of political scapegoating.

Why doesn’t the government crack down on strata corporation that don’t allow any rentals in their complexes? Because it wouldn’t be a popular political move. Housing inventory used for Airbnb or vacation rentals is well below 1%; therefore, there isn’t too many people to piss off with the crackdown from a political perspective.

September 2016 Real Estate Market Update Victoria, B.C.

It’s still hot.

Tesla in Car Sales and Mere Postings in Real Estate have something in common.

Tesla shows that the traditional model is not always the best model.

Mere Posting Success and Fails of 2016 in Victoria, B.C.

It really doesn’t make sense to cancel a mere posting and re-list for a lower price with a full commission brokerage!