Archive for January, 2009

Downtown Vancouver to See Less Residential Develpment!

January 19th, 2009

Photo Courtesy of: SqueakyMarmot
Looks like the city is planning to slow or even stop residential development in the Core/Financial district of downtown Vancouver. The idea is that it will help spur more commercial or office development which has been moving away form downtown due to lack of space and high cost.
Personally I this makes sense [...]

Move in and Move out Inspections a Must for Tenants and Landlords!

January 18th, 2009

There are always thorny issues when it comes to relations between Landlords, Tenants, and the Residential Tenancy Board.
As is pointed out in an article at Straight.com , The Law states that in order for a Landlord to be able to make a claim against the Damage deposit, and any further claims they must have a [...]

Vancouver Condo Liquidation???

January 17th, 2009

OK, I thought I would give this story a day to cool off before writing about it.
Onni and Mac Marketing are working together to help spur sales in a number of lagging developments. They are advertising that this is the largest real estate liquidation event in Vancouver.
Well this is probably a great strategy that MAC [...]

Wood Frame Condos Could Grow Higher in BC!

January 16th, 2009

I found an interesting article today about the fact the the BC Government is looking at changing the Building code to allow wood frame building to be built 6 stories high rather than the current 4 stories.
This would certainly make it possible to build certain buildings that would not have been viable before with concrete [...]

Condos and Handicap Parking, Not That Simple.

January 15th, 2009

Photo Courtesy of: Ma1974
when buying a condo there are a number of things to take into consideration, the bylaws, the rules and regulations, how much money is in the contingency fund, how old is the roof etc.
Now lets say you are in a wheelchair, there are probably a few other things to take into consideration, [...]

Vancouver 2010 Olympic Village, Enough!

January 14th, 2009

OK, I have to admit I am contributing to this ongoing story which even I am getting sick of quite quickly.
It seems that there are no shortage of stories about this, click here to see the one that got me going again.
Bottom line is that the decisions that were made around this project were made [...]

Condo Developments Relying on Future Transit May Be Impacted…

January 11th, 2009

There may be many that have been counting on future Transit developments such as the Evergreen line to add value to their condos, or may have purchased because of the coming transit.
Well it looks like there could be more hold ups for such transit projects as noted in the Vancouver Sun article “Evergreen Line delay [...]

Condo Owners Beware When Renting Suites, Fraudster Working In Vancouver.

January 10th, 2009

Well Some things just make me sick. It seems that there is a fraud artist working in Vancouver who openly admits what he is doing but yet the RTB (Residential Tenancy Board) and the Vancouver Police don’t seem to care.
As a landlord myself, and one who is familiar with the laws, I must say it [...]

Vanouver 2010 Olympic Village, $875 Million, Not $100 Million

January 9th, 2009

$100 Million to $875 Million, Thanks Millennium.
Well interesting how the story has changed. I know there were reasons that the details could not be released before but it is quite surprising how misleading the info that was available was. Looks like the city could be on the hook for $875Million if Millennium can’t come up [...]

Condo Buyers Guide

January 8th, 2009

Good information can come form many sources. I came across a condo buyers guide written by a realtor in Honduras. Of course basic principles apply universally so I thought this would be a good read for those potential condo investors.
Roatan Condominium Buyers Guide

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