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Benefits of Real Estate Investment — Whistler Community Estate

Owning a Real Estate Investment is an involvement of purchasing, managing, renting and/or selling of real estate for profit. Deciding to have a real estate investment? Know the Top 5 benefits of Purchasing and Owning a Real Estate Investment. Whistler Community Estate would like to enumerate those top 5 benefits!

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“Being a broker for half a decade, we understand deal momentums, the importance of our investment and being a representative of Whistler Community Estate, we value and look forward to new exciting projects.”

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“You should look for a great client for a successful Real Estate investment. Also, while you are making money with your clients, you are building relationships.”

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Calgary Communities Series: Cranston

Cranston is yet another Calgary community that’s a buzz with interest. Many of the reasons will be discussed in the article below.

Cranston Homes for Sale

For those of you whom are researching Cranston as a place to possibly reside, here are a few tidbits of information regarding the real estate and housing market in Cranston.

Cranston homes for sale range in price between $520k and $720k with average home median sitting around $529,000.

Convenient Shopping

Cranston Market is at the heart of Cranston that has various shops and services and is easily accessible by the residents through the intersection of Deerfoot Trail and Marquis of Lorne Trail in Cranston. 

Recreation & Lifestyle Opportunities in Cranston

There is a generous amount of natural greenspaces in Cranston that are now utilized as parks, playgrounds, walking paths, and fields that also gives a great outdoor space for residents. At the center of a large wetland pond in the Northwest corner of the community is the Rotary Nature Park. Century Hall that houses banquet rooms, a gymnasium, meeting halls, 7-acre tennis courts, waterpark, basketball courts, and a hockey rink can be enjoyed by Cranston residents privately. 

Cranston Houses for Sale by REPYYC

Hiring!

Summer is Coming! It is now time for summer camps to open. If you love children and creating a fun-filled program then you are in luck since Cranston is now hiring Summer Camp Coordinator and Summer Camp Leaders. They are also in search of a Full Time Program and Events Coordinator that can organize and create new events in Century Hall. 

Night in the Tropics!

Enjoy a night of socializing! Cranston is holding an event in Brookfield Sereno Show Home at 143 Cranbrook Drive SE on March 7, 2020 from 7PM to 10PM. Residents who are 18 years and older can enjoy snacks and cocktails that are tropical-themed while catching up with their neighbors and friends. Tickets are now on sale so get a hold of yours for only $5 and relish a tropical-themed paradise.

Easter Egg Hunting

Are you ready to hunt? Bust out your bunny ears and get your baskets and head on to Century Hall and join our Bunny Bonanza Carnival! This Easter Eggstravaganza will be held on April 4, Saturday, starting 1PM to 3PM and is open for all ages. Due to limited space it is encouraged that you secure and reserve your slot and arrive during your designated time slot. This event is free for all. The Bunny Bonanza Carnival offers various games and face painting for everyone to enjoy. What are you waiting for? Reserve your slot now!

Facebook

Cranston has a Facebook Page where you can check their posts and be updated with the new programs and events that they offer including some realtors posting their Cranston real estate listings.

Calgary Communities Series: Auburn Bay

Today we kick off our first in a series of posts centered around Alberta and for the first few we’ll focus on Calgary in particular.

Auburn Bay Houses for Sale

Auburn Bay is considered one of the most desirable neighborhoods to live in around the greater Calgary region. Over the past few years we’ve seen houses here rise in value whereas now the average prices of Auburn Bay houses for sale is between $300k and $450k with the average median home at $377k.

Auburn Bay houses for sale
Photo courtesy of Real Estate Partners

Shopping & Entertainment Options in Auburn Bay

Shopping Centers such as South Trail Crossing in the North, Shawnessy Towne Centre to the West, and High Street in Mckenzie Towne are easily accessible by the residents of the community in Auburn Bay as it is effectively situated at the intersection of Marquis of Lorne Trail and Deerfoot Trail.

Recreation & Lifestyle Opportunities in Auburn Bay

Auburn Bay Lake, a 43-acre freshwater, is the heart of this intricately-designed community in Auburn Bay. A 7,000 sqft lodge on the lakeside called Auburn House includes skating facilities, meeting rooms, and multi-function rooms. Outdoor activity venues such as open play areas, tennis courts, playgrounds, and a private beach will soon open as the community flourishes.

Thin Ice

Thin ice is hazardous since it looks like it is a hard surface but it does not hold a person’s weight. For safety purposes, everyone and/or residents of Auburn Bay with Lake Shore and Lake Access are encouraged to keep off of the lake when the signages of Thin Ice are posted. Staying off of ponds is also encouraged as it accumulates storm water runoff during Chinooks and can form thin ice as well. Additionally, residents are also reminded that dogs are not allowed to the lake. The condition also applies to boats unless ABRA has put up its green flags which means it is deemed safe and are now permitting boats in the lake. These restrictions are applicable to all points of access to the lakes.

Hockey Tournament

The 12th annual Auburn House 3 on 3 Hockey Tournament was held on January 19, 2020. Team “Spoilers” became the victor in the fierce battle with team “Jofas”.

Nerf War Games

Do you like playing Nerf? Then this event is for you! An upcoming event on March 7, 2020 called Nerf War Games will be held. It will be open from 11AM to 1PM. This event is a first come first serve basis since there is a limited capacity and there is no need for an RSVP as long as the residents present their membership cards. The Nerf War Games are open for children 7 years and older. Participants should bring their own marked Nerf blaster as well as their own clean indoor shoes. Safety glasses, small darts, rivals balls, and mega darts are provided. Parents are required to stay with their children inside the venue.

Facebook

For more updates, you can also check their Facebook Page where they post news updates, programs, events around the neighborhood and even listings in Auburn Bay if interested in possibly living here. 

International Real Estate Buyers Bring in the Cash!

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Not that many years ago, real estate agents didn’t have the means and resources the net now provides to them, to get hold of international real estate traders.

The business of dealing international real estate is on the rise, largely owing to the connectivity of our world and the Internet.

Foreign buyers acquired $153 billion of USA residential real estate in the 12 months thru March 2017, a rise of virtually 50% through the last 12 months and above 10 % of the market by sales volume! Of course, if the National Association of Realtors (NAR) is proclaiming the above figures then clearly you must acknowledge that the international home buyer is worthy of consideration when promoting real estate.

International buyers in real estate regularly lend to a more lucrative result for the agents. Along with the reality that many international investors are affluent wealthy elites on the lookout for rewarding opportunities and even premium luxurious second or vacation homes. This is especially the case in the Kelowna condos market according to top realtor Mark.

costa rica real estateSimilar to most things, there are numerous things to consider before just thinking that you are gonna target international real estate buyers. It can be tricky and you will need some help.

Touching this part of the industry however will require overcoming a few obstacles including language and currency exchange to name a couple. On average though a lot of international buyers will never invest in to a country without doing their homework and having measures in place to try to avoid any “lost in translation” issues.

Which country reigns over international real estate investors in the United States? Why China silly. You heard right, China retains a massive 50% of the total sales volume credited to international investors and yes, in lew of all the variations between how business is done in both countries and language.

Permit us to discuss how you can enter this section of the real estate market.

CPROP’s end-to-end electronic exchange administration software is designed to present real estate brokers to international prospects and help them securely and transparently close deals.

Basically it uses technology to streamline the sales process of service providers, from the start of a deal to closing. Listed here are a host of different tactics any brokers can take advantage.

Enlist in a trustworthy international platform

However hedging in to the international segment and getting traction is not some thing which is going to be straight forward. Do not go getting all dollars signs in your eyes instead of comprehensively researching where on the internet these online communities may exist. Once you’ve found them you will have to hedge inwards and gain trust in the international real estate investor community.

Remember also that given your platform also incorporates automatic translations, this may also be a large benefit. Brett Berkowitz of Costa Rica Real Estate dot COM, a top agency in that country, claims 2018 and heading in to 2019, is showing promise of record numbers of transactions utilizing digital currency.

Think trust and security

As the old saying goes, long-distance relationships seldom last, nevertheless in this case they can and do you you simply have to prepare particularly in the case of dealing with multiple languages.

Preparing is vital to winning international real estate deals and included in preparation you have to take into account trust and security.

Among the finest ways to secure transactions is with blockchain technology. Blockchain enables real estate contracts to be so significantly protected/encrypted that blocks any changes be undiscovered.

Blockchain technology is also beneficial to the buyer by offering a secure trusted way to put finances in escrow.

Get trustworthy, efficient alliance

“One thing is closing deals within the country but it’s a completely different thing when finalizing international deals and these trades demand a whole lot more care to ascertain a clean conclusion.” states Costa Rica lawyer Gonzalo Gutierrez.

Effective brokers, when asked, at any time will tell you the position of their impending contacts, leads and contracts. Are you able to?

This all being said, wouldn’t you accept that an all-inclusive digital transactions SaaS system built to satisfy international real estate transactions from start to finish, be described as welcome addition to all brokers? Let’s face the facts, any broker doing work with international home buyers and vendors may well take advantage of a complete SaaS software that not only makes ease of communications but also ensures security for both sides.

Leasing or Buying a Commercial Property

Once a business grows, profits increase and with that, the team also increases. With all the team expansion, you may also require a bigger space to operate in a more efficient manner.

In most cases, having a commercial space after you grow is the best practice to make further improvements to your work culture.

There are two basic ways of doing this: you can either lease a building or purchase it. Either way, you will get a space to operate from. However, another struggle is finding out which method suits you most.

Your business, its nature and the budget you’ve divided for space will define your approach towards acquiring a commercial property.

To make the most suitable decision, take a hard look at some of the main factors mentioned here that would impact you:

Location:

Location is the most important thing for any commercial or residential real estate investment. The location of your office space is as important as the location of your home.

It depends on where your customer base lives. If you’re in an industry that serves locals, then try your best to find something around the heart of the city.

Here, purchasing might not be the best option because spaces in crowded areas are more expensive.

In other cases where offices operate for clients remotely, it gets easier because bigger spaces a few kilometers out of the city can be purchased at lesser costs.

On the other hand, if you purchase a giant space and in a few years, your company has to make a move you might have to sell it at a loss.

Do You Want to be a Property Owner/Landlord?

It is comparatively different to devise a budget for a leased space.

Because when you’re renting or leasing a space, costs like maintenance, repairs, and insurance are included in the lease agreement and are paid by the owner in most cases which gives you a financial cushion.

While if you purchase a property, these costs are your responsibility and have to be paid in time regardless of your financial condition.

You should do a cost by cost comparison for both leasing and purchase a property before deciding on one.

Owners are bound to make an annual budget for all the fees separately. Major repairs are also a setback many owners have to face.

About Whistler, BC

Whistler is considered as a great place where you can enjoy the mountain range of British Columbia. Located 125 kilometers from Vancouver, Whistler is more than just your spot for winter sports. It is also a great place where you can invest in real estate. For starters, Whistler attracts around 2 million people annually. It is best known for alpine skiing and its snowboarding. During summer, it also attracts individuals who love mountain biking. Known mainly for these sports, investors are looking to offer tourists with a place to stay in Whistler. A great number of residential homes have been transformed hotel alternatives on AirBNB.

Still booming

During the late 60s, Whistler was considered a quiet area without any basic infrastructure or even sewage facilities. Things have changed since the 60s when four businessmen from Vancouver turned Whistler into a place for a ski resort and had a bid for the 1968 Winter Olympics. Whistler was transformed since then and it has continued to grow competing against Denver for the winter games. Until today, Whistler has continued to evolve attracting a great number of businesses. Whistler was the host mountain resort of the Vancouver 2010 Winter Olympics and Paralympic Games.

Transportation

One of the features that attract investors to Whistler is its access to transportation. It is accessible from Vancouver via British Columbia Highway 99, otherwise known as the Sea-to- Sky highway. It also has local bus transit service provided by Whistler and Valley express. It is also accessible via Greyhound Canada that runs between Pemberton and Whistler.

 

Perfect for those planning to have a family

Aside from individuals taking advantage of investing in the booming tourism in Whistler, it is also the perfect spot where you can raise your family. Aside from the peace and quiet environment, there are also two elementary schools in this part of British Columbia. It also has one high school named Whistler Secondary School.

Condos and fractional ownership are quite popular here in Whistler according to Whistler resident, a realtor from Nanaimo on Vancouver Island. He claims that over the past 15 years there have been numerous “trends” that ultimately affect real estate here but none more than fractional.

Top 5 Key Benefits of Purchasing and Owning Investment Real Estate

Purchasing and owning a real estate investment is a profitable business. A real estate investment is an involvement of purchasing, managing, renting and/or selling of real estates. If you want to have a bigger, better and buoyant business, owning a real estate investment is the ideal merchandise. These key points will give you the idea to discuss that owning and purchasing a real estate investment is worth it than the traditional stock investments or other investments you thought of. The Top 5 key benefits of purchasing and owning investment real estate are:

Easy and Regular Income Flow. Income or cash comes from the monthly rentals of your property or from the lot you sell. With the investment of real estate, your income or cash is easy, regular flowing, steady, and more predictable than any other investments. In spite of that, one should still consider the factors that can negate positive and negative cash flows.

There are Tax Benefits. Most rental property owners or real estate investors look forward to this tax benefit rewards. The easy, regular, steady, and predictable income or cash you receive every month is not subject to self-employment but the government offers benefits like depreciation and lower tax rates. Why? Because of the expenses you make, these expenses are deductible to your tax thus reducing your liability.

Under your Control. You as the investor have the power to influence to direct your investment to a better course of events. Investing in Real Estate gives you the control to have an easy, regular flowing, and steady cash flow. To have this, one should hustle hard to find a better deal. One should get to control the situation and your financial future.

Depreciation. This is the reduction in the value of an asset in due time, depreciation value is a key factor of the overall value of the invested property structure and the recovery time period. The recovery time period of a invested property varies depending on if it is a commercial property or a residential property. As the invested property gets older, year by year, the depreciation value of it goes down.

Property Appreciation. There is appreciation in the value of the invested property. For the investment to even get buoyant and income regulating, the investor must focus and puts the money to his property appreciation. Times of recession when the property value has decreased, the investor should be patient and should look for ways to improve the invested property.