Cranbrook BC Real Estate

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Carla Sinclair

Cranbrook Investment Property - buy when the market is low and its win win.

When the Cranbrook real estate market goes down, it is your opportunity to make money.  Pretty easy money and not just a little bit of money. You have to put in the time to look for a good investment property that will pay your expenses.  Right now the rental vacancy rate is very low at 3%.  Our property management department at East Kootenay Realty has a list of people waiting for rental properties.  Interest rates will not get lower and they will not stay this low.  It is very easy to make your real estate investment pay for itself.  Then you sit back and wait.  The market will be going back up.  We have seen how far it can go up.  Then you sell and pocket your money.  All of the variables are there right now to make a great real estate investment.  The first step is go and talk to your mortgage broker or banker.  Creative financing using your existing home is how you manage this purchase.  Get the information and then make a decision.  Investing in real estate can help you get ahead in life.  If you don't find out you will never know...and you then need to be satisfied with where you are financially and keep plugging away.
Published Thursday, September 10, 2009 7:37 AM by Carla Sinclair

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Rich Hill said:

My wife and I are thinking about moving from the U.S. to Canada and Cranbrook looks pretty nice.  How should we go about buying property in that area?  We will be retired in 1 year.  I am American and my wife is Canadian.

October 23, 2009 2:53 PM
 

Carla Sinclair said:

You would need to contact an accountant to find out how purchasing and residing in Canada would affect you financially (taxes etc) and Canada Immigration to see if there is anything you would need to pursue with respect to your citizenship.  

Cranbrook is absolutely beautiful with loads of outdoor recreation.

November 5, 2009 9:09 AM

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