Peter's Blog

head_left_image

Retiring To Victoria in the Future....... Now is the Time to Invest !

Retiring To Victoria in the Future....... Now is the Time to Invest!

Retire to Greater VictoriaSo your plan is to retire to or in Greater Victoria in the next few years...... This outline really applies to people that are currently living outside of the Greater Victoria region as well as those that are current Greater Victoria residents, and are planning to downsize over the next few years......

With Prices being what they are in Greater Victoria (lower than before, but likely at or near the lowest mark, we are seeing some re-bounce already), this year will very much be a year of opportunity for those that can take advantage of the lower prices as well as the super low interest rates that are still available.....

One of the most common questions we receive from people that are considering to buy now, then plan to rent out the property for as long as they are still in their current property, is as follows.....
Retire to Greater Victoria
Where do we go to get the best available information about renting properties in Greater Victoria and what resources are available.....?

Any real estate investment decision should be based on sound research and proper analysis, we wrote a post about some of the considerations about investing in real estate in Greater Victoria and here is the link to this article

We assist many Greater Victoria Based or Bound investment buyers on a regular base, and always have resources available for the information we share with our potential investors for Greater Victoria, we wanted to share a few with you here, so that you can do your "home work" right from your computer.....
But if in Doubt.......Talk to Peter or Linda

Renting in BC is not all that complicated and fairly well governed by the The Residential Tenancy Act of BC, and both the tenancy act and all the resources available at the BC Residential Tenancy Branch, should likely be the starting point for most prospective Land-Lords.... Here is the Residential Tenancy Branch website link

Canada Mortgage and Housing Corporation offers a huge amount of reports, studies and reports, that can offer substantial information for many types of real estate ventures, one of their most relied on reports are the Annual Victoria Rental Market Report and the BC Senior Housing Report, however there are many other useful resources at the  CMHC Website

Boma Canada   BOMA BC  ,
   ROMS BC   Are links to 3 different Landlord Advocacy Organizations that have some public information from their sites, and require membership (at a fee) to gain full access to their substantial resources. We also recently found a new magazine called Canadian Apartment Magazine, and you may want to check it out as well.

Retire to Greater VictoriaIn addition there are numerous books, reports and seminars available with all kinds of information about the entire concept of land-lording, investment property ownership, and Property management...

Over the years we have compiled a sizable library of theseRetire to Greater Victoria real estate investing and land-lording resources, so do not hesitate to give us a call and we will gladly share any information and resource that we have available for you, to make your Greater Victoria Real Estate Investment a Pfanntastic One....

 

 

 

Peter Pfann,

CPCA, ABR, SRES, E-Pro, IMSD, Master ASA, C-CREC, Associate Broker.

Text or Talk To Peter @: (1) 250 - 213 - 9490  

peterpfann@gmail.com  www.pfanntastic.com

Pfanntastic Properties in Victoria, BC, Canada, @ Fair  Realty Since 1986.

Regional office: 1540 Fort St Victoria, BC V8S 5J2

 

Retiring To Victoria in the Future… Now is the Time to Invest
share
Retiring To Victoria in the Future… Now is the Time to Invest So your plan is to retire to or in Greater Victoria in the next few years… This outline really applies to people that are currently living outside of the Greater Victoria… more
Reduced by $ 150, 000, Gordon Head Development Opportunity, Open House…
share
Reduced by $ 150, 000, Gordon Head Development Opportunity, Open House Feb. 18, Noon - 2 pm @ 4360 Gordon Head Rd. Pfanntasic Development Opportunity Near Ocean Front .. more
Greater Victoria Independent Living for the Elderly, Resources.
share
Greater Victoria Independent Living for the Elderly, Resources. Many people are striving to become or remain totally independent. The aging and elderly are no exception to that. Fortunately, In Greater Victoria there are many programs and… more
2012 Greater Victoria Elementary Schools Ranking Report Card
share
2012 Greater Victoria Elementary Schools Ranking Report Card 2012 Report Cards Ranking all BC and Yukon (including Greater Victoria) Elementary Schools was released this past week… Recently the Fraser Institute, an independent… more
My Best Friend is Moving Away, Linda's Lovely Lyrics.
share
Linda's Lovely Lyrics Linda's Poems, Lyrics, Rhymes or Thoughts, worth Sharing. Linda shares her Lovely Little Lyrics weekly, we hope you enjoy them. My best friend will be moving to Alberta soon and I will miss her dearly. .. more
Dine Around & Stay In Town Victoria February 17 through March 16,…
share
Dine Around & Stay In Town Victoria 2012! February 17 through March 16 In Cooperation between, Tourism Victoria and the Victoria Branch of the BC Restaurant & Food Services Association (BCRFA), and the Bravo! Victoria ProArt Alliance… more
Do you really want to wait for your double to come along?
share
Once Again, One of our Favourite Staging Bloggers "Janice Ankrett" is offering us a great set of reasons why having your house professionally staged before you pursue the sale of your property is so very important. If you are… more
Silent Sunday on a Beach in Cordova Bay, Saanich BC.
share
(nearly) Silent Sunday on a Beach in Cordova Bay, Saanich BC. With over 150 beaches to choose from in Greater Victoria, it is hard to pick any one beach that is our Pfanntastic Favourite, so we let you decide, by showing off our beaches one at the… more
The Mess, We Call Garbage Collection, Peter's Pet Peeve, for the Week…
share
Peter's Pet Peeve, for the Week of February 11 - 18, 2011 The Mess We Call Garbage Collection… As a Dutch born Canadian guy (you can always tell a Dutch Guy, but you can't tell them Much), Peter will always have an opinion and take… more
Greater Victoria Real Estate Listing & Sales Activity, February…
share
Greater Victoria Real Estate Listing & Sales Activity, February 04 - 11, 2012 "Cordova Bay Swinging in the Wind, Near Victoria, BC It is a Pfanntastic Place to call Home. " Every Week Peter and Linda Pfann take… more