The SECRET to Buying Property before your 30s…
1. Minimize Debt.
2. Live at Home.
3. Hustle + Side Hustle.
Sorry, there are shortcuts or get rich quick schemes. If anyone else tells you otherwise — they are lying.
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#getrichquick #moneytips #howtogetrich #howtomakemoney #financetips #realestatetips
The FIRST Property I Ever Bought…
I was 25 years old. It was a commercial property with a warehouse and office.
At the time I was renting this space for my import export business. So, the idea of being able to control my rental expenses was a no brainer.
BUT – I had NO money. Every dime I had was invested in the business. I bought it for $280,000 with money borrowed from my family’s Home Equity Line of Credit. 5 years later, I sold it for $350,000 and gave the all principal and profit back to my family.
Here’s what I learned. Take help when offered. Ask for it when needed. DO NOT LET YOUR EGO stand in the way of growing your business.
What was the first property you bought? Comment below.
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#firstinvestment #successtories #originstories #businesstory #businessadvice #businesstips #realestatetips
The BIGGEST Mistake I made in Real Estate…
“Putting an offer on a house before I sold the condo I was living in.”
When I got the accepted offer on the house, the celebration was short because I realized
I only less than 2 months to sell my condo in a slow market in order to pay for the house.
This was during my first year of real estate, I wasn’t making steady income yet. If I could not sell it time, I would’ve had to borrow $200,000 + interest from a loan shark, and carry two mortgages until god knows when my condo would sell. Yeah, stressful times.
Here’s the crazy part. I was on a buyer tour with my client, and we happened to driving by condo. I told her my unit was for sale and she wanted to check it out. She wrote an offer that night and boom – done deal. She even bought all my furniture, which was perfect because I didn’t want to take it with me.
That was a total fluke and a ton of luck. So this is why I ALWAYS say – sell your place FIRST before you buy.
#howtoinvest #homebuyertips #homebuyermistakes #realestatemistakes
#homebuyingprocess #howtobuyahome
When you slay half a dozen deals in a month when half the buyers are out of town, here’s how you celebrate.
SOLD…
116-2238 Kingsway, Vancouver
402-6963 Victoria Dr, Vancouver
303-651 Nootka Way, Port Moody
1107-8181 Chester St, Vancouver
11860 Fourth Ave, Richmond
10-1219 Burke Mountain, Coquitlam
#motivation #success #keephustling #howtosucceed #growth #buildinganempire
POV: When your Realtor shows up at your door for money.
Buying your first place is a rollercoaster of emotions: exciting, scary, rewarding, and then you get your keys and it becomes real.
Props to @tantago who handled it like a pro from start to finish. Congrats!
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#homebuyingvlog #realestatevlog #lifevlog #realestate #dayinalife #dailyvlog
VLOG/ Last BBQ of the season is always reserved for the EMPYR familia. Watch till the end just to see @johnngrealtor’s epic SF2 battle cry. 🤣
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#summerbbq #summerevent #bbqlovers #teamculture
When Realtor’s think there’s a deal… it’s every agent for themselves. Let’s face it, nothing makes sense in terms of investment anymore.
So we’re up here at SFU, checking out what the hype is around this new presale project, SYMPOSIA.
Is it REALLY a good deal? Here’s the 411.
1. MONEY TALKS. It’s starting from $550,000 for a 1-bedroom condo, whereas the same product (new development) would be $715,000 in Metrotown or Burnaby.
2. RENTAL VALUE. A 1-bedroom condo can rent for $2400/month at SFU, with a super low 0.9% vacancy rate. The developer also offers a rental guarantee program for up to 2 years.
3. 2 YEAR DEPOSIT. Most projects require a 20% deposit over 12 months. Whereas here, it’s spread across 24 months, which gives you more time to build rather your funds.
Why is it CHEAPER?
Leasehold Land. This means the land belongs to SFU, and they are leasing the land to the property for a set period (IE. 99 years). Generally, leasehold land has a lower resale value compared to a freehold property.
However, that’s not always the case. We have seen the higher demand and value jump, particularly in the last 2 years.
Why? It’s a softer price point for buyers compared to pricing in the Lower Mainland.
If you want the pricing package, comment “DEAL” and we’ll send it to you.
#vlog #realestate #howtoinvest #investmentideas #investmenttips
VLOG/ Quick recap of our team field trip to SFU in search of presale deals! If you been following us, you know we don’t spam random projects. It has to be worthy of our time and your investment dollar.
I have to say, this one has our attention.
We also love deals on meals. @empyr_justinlaw took us to @cockneykings for fish and chips and it did not disappoint! $11.25 for a huge freshly battered cod plus fries. YUM!
Full vlog drop coming. Stay tuned.
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#entertainment #realestatelife #vlogger #realtorvlog
VLOG/ 3rd tour with my client Keane, who is a super successful entrepreneur and is shopping for his first condo.
We had 5 listings lined up, and we get GHOSTED on the first stop. Agent was a no-show, phone is off, and randomly messages me 30 min later, asking if we got into the unit?! (uh…who is letting us in?) Onto the next.
At the next listing, we run into the agent who sold me my VERY FIRST home back in 2008!
We make our way from Metrotown to Brentwood, looking at 1-bedroom units built in 2019 and 2024, priced between $650-$750,000.
The result? Keane definitely prefers the Brentwood vibe. He gives me feedback on the love and hate on each unit, and I always ask what my clients learned from each tour. Till next week.
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#realtorvlog #howtobuyahome #realestatevlog #realestatetour #vlogger #thedailylife #realestate
TOO. MUCH. FUN. BTS @1ne_collective Summer Soirée. More to come…
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#patioparty #summersoiree
VLOG 04/ My clients bought this 372 sqft studio in Coquitlam for $396,000 as a presale back in 2020.
HOW MUCH do you think it’s worth today?
Comment below! ⬇️
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#vlog #dailyvlog #realestateprices #guesstheprice
If you don’t know… now you know.
Dear real estate Jesus (AKA Bank of Canada), thank you for another 0.25% rate drop to bring the overnight from 4.75% down to 4.50%.
If you’ve borrowed money from a HELOC, LOC’s or your local loan shark 🦈💰 — this is great news.
Chances are, we’ll start seeing some drops in the mortgage rates from big banks to follow.
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#dmx #partyanthem #financialnews #realestatenews #investornews
