Buying a Mobile Home Park in British Columbia: Pros and Cons
Mobile homes are a popular option for affordable housing across Canada, and owning a mobile home park can be an attractive investment opportunity. British Columbia, with its booming real estate market, is an attractive location for those interested in buying a mobile home park.
As one of the most popular and densely populated cities in Canada, Vancouver is continuously experiencing growth and expansion. This growth has led to an increase in demand for land, leading to land assembly becoming a popular method for developers to acquire large plots of land in the city.
What Does Strata Property Mean in British Columbia?
If you are looking to buy a property in British Columbia, Canada, you might have come across the term "strata property." Strata property has become an increasingly popular form of ownership in British Columbia, offering a unique and affordable housing option for residents in a high-priced real estate market. But what is strata property, and how does it work?
What is Value? Part III: Selling a Business - Valuation
What is value? This is not an easy question to answer. “An amount, as of goods, services, or money, considered to be a fair and suitable equivalent for something else.” Seems like a reasonable definition, but begs the question “considered fair” by whom? The first thing that must be understood is that in general, value is wholly subjective. During the course of a transaction, the real skill of a business broker is to make the…
Real estate is divided into different property classifications. However, there are certain specialized assets or unique properties that exist in each class that require a category all to their own. These properties have features and amenities that make them truly special and stand apart from other real estate offerings. Creating specific marketing campaigns for unique properties is a specialized skills set. Buyers can be found in many walks of life, and anywhere in the world…
Deep Dive BC Commercial Real Estate Market: Reports, Trends, and Analysis
The BC commercial real estate market has been on the rise in recent years, and it's no surprise that many investors and developers are keeping a close eye on the market's reports, trends, and analyses. The Canadian commercial real estate market is a lucrative one, and the province of British Columbia is no exception.
Look Ahead Part II: Complexity of the Selling Process
When I am approached by owners seeking advice on selling their business, my first task is often to inject some reality into their expectations regarding the selling process. As the time nears to sell, business owners foresee the terms of sale including an all cash transaction, and anticipate a process that may take, at the most, a month or two. It is imperative that you talk to a business specialist when you are first considering…
How To Cash In Part I: Selling a Business - Introduction
I would like to posit the following situation. Imagine an immigrant couple, citizens for the past 30 or 40 years who initially arrived in Canada with little in their pockets, but holding a passionate belief in the limitless opportunities this land of ours offered. Over many years, with long hours of diligent work they have realized their dreams through a successful business that has enabled them to support a family and generate wealth. Perhaps ten,…
Should You Lease or Buy your Medical or Healthcare Space in Vancouver BC?
When it comes to setting up a medical or healthcare space, you have two options—lease or buy. But which one is the best option? In Vancouver, BC specifically, the decision can be complex and overwhelming. There are several elements that you should keep in mind such as location, tax incentives, and costs. That’s why Klein Commercial is here to help you understand the advantages and disadvantages of leasing versus buying medical or healthcare space in…
Click to View original article on www.westerninvestor.com Metro Vancouver now has the lowest industrial vacancy rate in North America, a 0.7 per cent in the…
Demand for Residential Property in BC Continues to Surge as Vancouverites Look to Escape the City
The pandemic that swept across the globe last year looks to have made a dramatic long-lasting impact on our lifestyle, community and economy. The Canadian…
Western Investor: Industrial Strata Now More Pricey Than High-End Residential Condos
Click to View original article on www.westerninvestor.com Metro Vancouver now has the lowest industrial vacancy rate in North America, a 0.7 per cent in the…