Summits View at Eaglewind

Hello Folks! We are so proud to announce our VIP connection with Summits View in Squamish, offering incredible investment opportunity! You see, Summits View is a steel and concrete building located in the heart of Squamish. Given the strategic investment location, Summits View is a great opportunity for educated Buyers who can see the real value and investment of Squamish real estate just before the Vancouver 2010 Olympics. Amongst some of the facilities at Summits View you will find media/games room, bike/ski tune-up area and guest suites + meeting rooms. And best of all, Summits View is only 45 minutes to Vancouver and 30 minutes to Whistler.

But here is another benefit about Summits view: Summits view is an investment at a much lower price point and represents great value in Squamish real estate.

Here are some facts that makes Summits view a tremendous opportunity: Stats from CHMC show Squamish real estate went up by 21% in 2007-2008. Summits View is located in the centre of the Eaglewind community and built by Solterra.

From an environmental standpoint Summits View materials being used are recyclable making it a green project.
Summits View suites also feature real wood cabinets, natural stone counters throughout and natural gas fireplaces and much more! Offering nothing to spare, Summits View also has unique kitchen designs with stainless steel appliances, dual fuel gas range and more! Summits View floor plans are also very spacious. The square footage at Summits View range from 576 sq one bedroom unit, one bedroom and a den at 670 sf and two bedrooms +den to 1,513 sf.

Our Team has been chosen to have VIP Summit View access (Summits View priority registration). Register for Summits View today by filling out the form below to have VIP access to Summits View, before everyone else!!

Vancouver Property - Analyzing the Value of my Vancouver Property

Base your analysis on the actual numbers and future numbers (There is always potential to increase rents in your Vancouver Property). Ask for a rent roll of your Vancouver Property and operating expenses report from other owners. Then, cross check this information with the actual leases for the units around the area of your Vancouver Property. Make comparisons with other Vancouver property, insurance rates, city of Vancouver property taxes, etc. Vancouver property management costs may also be included in your Vancouver property comparisons.

• Cost Per Unit in your Vancouver Property – compare the cost of each unit in your Vancouver Property or apartment
• Square Footage – cost of your Vancouver property divided by square footage
• Gross Rent Multipliers – cost of your Vancouver property divided by cash flow from rent minus expense from your Vancouver property
• Opportunities For More Value in your Vancouver Property (conversion or additions; parking, laundry services on your Vancouver Property)

Major Tip: Use the Internet in doing research to valuate your Vancouver property. You can begin by accessing our site or simply by clicking here to speak to one of our team members! We will help educate you on the value of your Vancouver Property.

Formulas to Determine the Value of your Vancouver Property:

Capitalization Rate = net operating income / purchase price of your Vancouver Property.

Net operating income – deduct expenses from income. So if a Vancouver Property costs $400,000 and earns a Net income of $30,000, then the equation is: $30,000/$400,000= 7.5% cap rate.

True Property Value = total operating income / capitalization rate.

So we take the net operating income of your Vancouver property of $30,000 and divide that by the capitalization rate of 7.5%, the equation is: $30,000/7.5%=$400,000

Gross Rent Multiplier of your Vancouver Property - GRM

Your Vancouver Property value divided by the gross income = GRM (Gross Rent Multiplier)

So if the total cost of your Vancouver property was sold for $600,000 and the gross income is $75,000, the equation is: $600,000/$75,000= GRM of 8.

If your Vancouver Property has a GRM of 8 you are in good shape!

Return on Investment (ROI)

It’s good idea to gauge how your Vancouver Property is doing once a year. Determine if your Vancouver Property is worth keeping or selling or figuring out ways to gain more value from your Vancouver property. The return / investment X 100 gives you a rough ROI of your Vancouver Property.

Return (rental income from your Vancouver property) / Investment x 100 = ROI

Say you bought your Vancouver property for 150,000 in cash and earn $8,000 in rent each year, your ROI formula would be:

$8,000 / $150,000 x 100 = 5.3% (That’s your return of your Vancouver Property each year).

If you would like more information we can make sense of all of this and properly evaluate your Vancouver Property.

Contact us today at 604-767-3703 or fill out Free Vancouver Property Valuation Form - click here!

Vancouver Real Estate Market and Investment Property:

“But Richard, why should I be buying Real Estate in Vancouver right now? Isn’t it risky? Do you not think we should wait?” Great question easy answer, buy low, buy on bad news, buy when there is no one else buying! I cannot begin to tell my investors what an extraordinary time it is to invest in the Vancouver Real Estate Market and quite frankly I am happy that many of them are listening, despite all of the news! In 7 years from now they will thank us, just like all of our investors have thanked us for the past 7 years. This soft market makes me remember about 7 years ago when our family watched the attacks of September 11th and while everyone panicked at the onset of a great depression in the USA, our family bought more and more real estate. Seven years later we do not regret, but rejoice. They new that you make the most money the day you buy real estate regardless of the market - but especially in a tough market.

In the same way there are two obvious reasons (if not more) that investing in Vancouver Real Estate right now is a brilliant idea. These reasons apply to both the purchase of Vancouver homes and Vancouver investment property.
If you are an investor, don’t worry about the Canadian real estate market fluctuations. Think long term and where your starting point is. There are very good buys now in the Vancouver Real Estate Market, for example, amidst a high number of listings on the market. Less people buying homes means more people renting, which means landlords will continue to see vacancy rates of 1% or less.

Everyone knows the age-old investment philosophy, “buy low and sell high.” Real Estate investments are taking a beating in the media right now. No one is talking about investing in Real Estate. That means that the demand is down and prices are low. It is an ideal “buy low” time for Real Estate investors. On the way down there is less and less risk and the best buys come about in tough (low priced) markets. Investors should be buying in the down market. They rarely do, becoming thoroughly scared on the way down.

“But Richard, why would anyone be selling now?” Good question with an easy answer, people need more space or they need to downsize, people move for jobs, people retire, people want to cash out, people want cash in, people make bad decisions then need to sell something to pay off debt, just to name a few. The fact is that there is inventory on the market at good prices and even more inventory not on the market but available if you go looking for it.

So, the first obvious reason that investing now is a brilliant idea is that the prices are lower.

At the same time there is growing talk of inflation. It is not just talk. Without going into all the economic factors and indicators, they all line up to reveal impending inflation. What does inflation mean? It means that the price of nearly everything is going up. It means you buy less for your money. Your paycheck buys less. The price of oil and gas is driving the price of everything higher. Your dollar used to buy a loaf of bread. Now it takes a dollar and a half. Inflation spreads to all hard goods. Real Estate is one of those commodities that it will take more dollars to purchase.

Here are a few prominent articles to support the inflationary world we are about to experience (and have already been experiencing):

1. The Return of Inflation about to afflict two-thirds of the world population - The economist - May 22nd, 2008
2. Fear - China to push world inflation by 7% - The Guardian - February 2008
3. Markets Shrug Worldwide inflation - Financial Express, May 16, 2008
4. “Inflation rates doubles in 3 months of 2008″ - Business Standard, Sept 21, 2008

Now remember that between 1975 and 1981 there was a period of rampant inflation. House prices in most of the US for instance rose by fifty to a hundred percent. Real Estate returns (meaning price increases went from 15% - 30% returns).This was during a recession. Interest rates were at those record highs you always hear about, 15% to 20%. And house prices rose dramatically.

Because we had a very loose way of lending, it created a huge influx of home buying followed that period which drove values even higher. Is this beginning to sound somewhat familiar? Its the Vancouver Real Estate Market cycle, as well as every market cycle… Instead of the high interest rates driving up inflation and creating the pent up demand it is the cost of fuel, tightening of lending criteria (no more 40 year amortization and higher demands on beacon scores), and concern over the liquidity of the secondary market wholesale buyers of mortgages that is creating pent up demand. That, fueled by inflation will create an immense increase in home values - just like all hard assets do during inflation. Result? Higher interest rates, higher hard asset prices, higher real estate prices. Take a look at the graph below:

As you can see from this study, the average Canadian real estate returns on the values of property between 1974 and 1982 were 41%. Bottom line, as a strategy to winning in this market, begin to prospect for investment property in Vancouver and Canada.

Begin to learn about buying and selling investment property in Vancouver Real Estate Market! Begin to communicate and network with investors or simply contact us! We have the network of investors ready for you.

Don’t just Take this article and discuss it with your family and friends. Take decisive steps! We have very innovative techniques that will get you into this market even with low money down! The savvy ones are going to understand that this is very likely a perfect time to be buying investment property in the Vancouver Real Estate Market. And if they are selling, they will realize that your sharp thinking and insight is just what they are looking for to get them the most.

If you would like, we can make sense of all of this in more detail. Feel free to contact our team or email us at any time.

My cell is always on: 604-767-3703 or click here to fill out our investor form!

Happy Investing!

Richard

Black Swan Apartments Vancouver Real Estate in Kitsilano.

Get VIP access to Black Swan Apartments before the general public with the Richard Morrison Real Estate Team – A Black Swan VIP Partner Realtor.

The highly respected Orca West has launched Black Swan condos; a selection of residences ranging from studios to spacious, 2-bedroom garden suites, located in the heart of Kitsilano Vancouver real estate market.

The reincarnation of the site into a four-story, 27-unit apartment development with two levels of underground parking — with units ranging in size from 461 sq. ft. to 1,070 sq. ft.

The Black Swan development will include generous residences. We have Black Swan pricing information and Black Swan floorplans Fill out our Black Swan VIP form below and you will be first in line together with us before the general public!

Our Team has VIP Black Swan access before the general public (this is not to be confused with Black Swan priority registration). Register for Black Swan today by filling out the form below to have access to Black Swan apartments, before everyone else!!

Get VIP access to Pure by Bogner before the general public with the Richard Morrison Real Estate Team – A Pure by Bogner VIP Partner Realtor.

The highly respected Bogner Development is soon to launch Pure by Bogner condos a selection of concrete loft-style residences, located in an upcoming and exciting area of Vancouver real estate with many large scale developments underway.

The Pure presale development is located overlooking False Creek on Hornby Slopes, the seawall leading in one direction to English Bay and Stanley Park. In the other direction you can walk, bike or run through Marinaside, Yaletown and Scienceworld

The Pure by Bogner development will include generous loft-style and corner homes. We have Pure by Bogner pricing information and Pure by Bogner floorplans Fill out our Pure by Bogner VIP form below and you will be first in line together with us before the general public!

Our Team has been chosen to have VIP Pure by Bogner access before the general public (this is not to be confused with Pure by Bogner priority registration). Register for Pure by Bogner today by filling out the form below to have access to Pure by Bogner, before everyone else!!

Dolce by Symphony Condos Real Estate in Downtown Vancouver. Get VIP access to Dolce by Symphony before the general public with the Richard Morrison Real Estate Team – A Dolce by Symphony VIP Partner Realtor. The highly respected Solterra has launched Dolce by Symphony condos; a selection of concrete loft-style residences, located right in the Vancouver Downtown Real Estate core.Dolce at Symphony Place will be part of a master-planned revitalization of the entertainment district in downtown that will be facing the Orpheum Theatre and Capitol Residences

Just minutes away from your private residence will be Robson Street and Yaletown, Watefront Station and Concord Pacific. Also, close to all major transportation routes including the Skytrain, seabus to the North Shore and bus route to and from False Creek, Vancouver, UBC and the coastal mountains.

The Dolce by Symphony development will include loft style residences. We have Dolce by Symphony pricing information and Dolce by Symphony floorplans Fill out our Dolce by Symphony VIP form below and you will be first in line together with us before the general public!

Our Team has VIP Dolce by Symphony access before the general public (this is not to be confused with Dolce by Symphony priority registration). Register for Dolce by Symphony today by filling out the form below to have access to Dolce by Symphony, before everyone else!!

Beasley by Amacon Condos Real Estate in Downtown Vancouver.

Get VIP access to Beasley by Amacon before the general public with the Richard Morrison Real Estate Team – A Beasley by Amacon VIP Partner Realtor.

The highly respected Amacon group of companies is soon to launch The Beasley condominium residences a selection of concrete condominium residences, located just moments from the downtown Vancouver Yaletown core.

The Beasley by Amacon condo presale development is located in an upcoming and exciting area of Vancouver real estate with many large scale developments underway.

Beasley by Amacon has direct access to Yaletown Park and the Vancouver Public Library

The Beasley by Amacon group will include generous loft-style residences. We have Beasley by Amacon pricing information and Beasley by Amacon floor plans. Fill out our Beasley by Amacon VIP form below and you will be first in line.

Beasley by Amacon Typical loft-style homes that will be available are:
Suite sizes: 550 sq.ft. - 1300 sq.ft.

Our Team has been chosen to have VIP Beasley by Amacon access before the general public (this is not to be confused with Beasley by Amacon priority registration). Register for Beasley by Amacon today by filling out the form below to have access to The Beasley by Amacon!!

Pulse by Bastion Condos Vancouver Real Estate in Kitsilano.

Get VIP access to Pulse by Bastion before the general public with the Richard Morrison Real Estate Team – A Pulse by Bastion VIP Partner Realtor.

Bastion, one of Canada’s premium builders, is launching Pulse by Bastion condos a selection of concrete residences, located at the heart of Kitsilano, Vancouver.

The Pulse by Bastion condo presale development is located in an upcoming and exciting area of Vancouver real estate with many large scale developments underway.

Urban amenities around Pulse Residences of Vancouver include Banks, Restaurants and Dining as well as the Vancouver Maritime Museum, Vancouver Academy of Music, Hollywood Theatre, Gallery Jones Fine Arts and the Arts Club Theatre. The Kits Pulse Vancouver residences are also close to groceries, libraries and conveniences in addition to Spa and Health facilities.

The Pulse by Bastion development will include spacious residences. We have Pulse by Bastion pricing information and Pulse by Bastion floor plans. Fill out our Pulse by Bastion VIP form below and you will be first in line together with us before the general public!

Our Team has been chosen to have VIP Pulse by Bastion access before the general public (this is not to be confused with Pulse by Bastion priority registration). Register for Pulse by Bastion today by filling out the form below to have access to Pulse Condos, before everyone else!!

Mount Pleasant Real Estate - Main Street Real Estate in Vancouver Mount Pleasant pulses with an urban vibe absent from many other Vancouver locales

Modified from original article from KERRY GOLD from The Globe and Mail. July 11, 2008.

At one time, Main Street in Vancouver Mount Pleasant Real Estate was a neglected and rundown east-side Vancouver neighbourhood. Today, Mount Pleasant Real Estate has become the place to buy – both Mount Pleasant condos and Mount Pleasant homes.“The rate of appreciation in the Mount Pleasant Real Estate neighbourhood is faster than any other neighbourhood. It’s unbelievable,” says real estate agent Jennifer Hill, who has been selling houses in the Mount Pleasant area for 15 years.“You could say Mount Pleasant Real Estate was undervalued, considering its proximity to downtown. And then, it just took off.”

Depending on condition and lot size, the average cost for a family home is in the $700,000 range, says Ms. Hill. “And we’re now seeing prices over $1-million. I remember when we were floored, not so long ago, when a Mount Pleasant home sold for $500,000.”

In the past five years, the area known as Main Street Real Estate, which extends roughly from Main and East 6th Avenue to East 30th Avenue, has become one of the most desirable neighbourhoods in Vancouver. The success factor for Main Street Real Estate and Mount Pleasant Real Estate is, quite simply, that it is not Kitsilano. Mount Pleasant Real Estate Main Street is central and diverse, and a slice of urban living in a city better known for its yoga-loving citizens.In the same corridor, mixed among small clothing stores that sell local designers, independent coffee shops and trendy restaurants such as Habit, Aurora Bistro and Cascade, you’ll find long-time antique shops and Chinese and Korean restaurants.“Mount Pleasant Real Estate Main Street definitely the darling of the indie set,” says Frances Bula, a well-known Vancouver city writer and blogger who lives in the area. “Whenever I mention Mount Pleasant Real Estate and Main Street Real Estate to suburban parents, they always say, ‘Oh, my kids love going there.’”Not surprisingly, the Mount Pleasant Real Estate Main Street condo market is flourishing.

Mount Pleasant West Vancouver - Click here to see Hot Listings!

Mount Pleasant East Vancouver - Click here to see Hot Listings!

Main Street Real Estate, Vancouver East - Click here to see Hot Listings!

For a one-bedroom in the less-expensive end of Main, north of Broadway, prices range from $250,000 to $320,000. Heading south on Main toward East 15th, a buyer is looking at $300,000 to $450,000 for a one- or two-bedroom. Mount Pleasant Real Estate wasn’t always this way and part of Main Street’s appeal is the fact that it’s more diverse than expensive west-side neighbourhoods, such as Kitsilano or Kerrisdale.

On Mount Pleasant Real Estate Main Street area you can just as easily find a cheap diner meal as you can dine at a hot new bistro, such as newcomer Burgoo, which already has a location in tony Point Grey.As well, Mount Pleasant Real Estate and Main Street real estate area has become a pedestrian-friendly street, a key factor for a desirable neighbourhood. “When I first started there was no character in the neighbourhood,” says Ms. Hill. “There wasn’t the little cafés, the restaurants, the independent stores, the clothing stores, anything like that — nothing to support pedestrian traffic. Now it’s really pedestrian-oriented.“The Mount Pleasant real estate neighbourhood is more organic than, say, Kitsilano,” she adds. “That’s the best word I can use. The stores are independent, they’re really creative, it’s got way more texture, it’s way earthier.”

Other inner city neighbourhoods — such as Strathcona, Fraser Street, Grandview-Woodlands Community action is quite high. People in those neighbourhoods are very savvy and have been able to get the things they need over the years.”

Here is a quick search for Mount Pleasant Real Estate:

Mount Pleasant West Vancouver - Click here to see Hot Listings!

Mount Pleasant East Vancouver - Click here to see Hot Listings!

Main Street Real Estate, Vancouver East - Click here to see Hot Listings!

Vita by Symphony Condos Vancouver Real Estate in Vancouver Falsecreek

Get access and information to Vita by Symphony before the general public with the Richard Morrison Real Estate Team – A Vita by Symphony Prtner Realtor.

The highly respected Solterra has launched Vita by Symphony condos; a selection of concrete loft-style residences, located right in the Vancouver Downtown Real Estate core.

The Vita by Symphony condo presale development is located in an upcoming and exciting area of Vancouver real estate with many large scale developments underway. Some of the major projects that will transform the area and boost investment performance of Vita by Symphony include:

· The International Olympic Village (few minutes away)
· Dolce by Symphony development
· RAV line (Connection from downtown to the international airport)

The Vancouver VITA at Symphony Place condos and luxury condominium suites are just next to such sites as Library Square, Centre for Performing Arts, Queen Elizabeth Playhouse, The Orpheum and the Vancouver Art Gallery.The Vita by Symphony development will include generous residences. We have Vita by Symphony pricing information and Vita by Symphony floor plans. Fill out our Vita by Symphony form below and you will be first in line together with us before the general public!

Our Team has Vita by Symphony access and information. Register for Vita by Symphony today by filling out the form below to have access to Vita by Symphony, before everyone else!!