Call: 1.604.275.2997 Email: ron@oakwyn.com
Real estate is one of the oldest forms of investment that still guarantees a steady source of income. Whether you are contemplating resigning your 9-5 job for real estate investment or you want to buy a new home in Capitol Hill, Burnaby, where you and your family members can live, you are on the right track.
Capitol Hill is an excellent place to own a house. You can own a house to live in, or you buy-to-sell when the price spikes. However, before striking the deal, ensure you have done your market survey and analysis to be sure real estate investment in Capitol Hill is what you really want to do. Also, do not depend on sheer luck to recoup your investment, as there is no magic trick that promises this.
Importantly, work with a licensed realtor to give you the required legwork so that you won't lose your hard-earned money in the process. This article will cover the benefits of real estate investment and also dwell extensively on the benefits of working with a licensed Burnaby real estate agent. Before we dive deeper, let's quickly run through some fun and interesting facts you need to know about Capitol Hill, Burnaby.
Capitol Hill is a neighbourhood in the Burnaby area. It borders Hastings Street to the north, Fell Avenue to the east, and Willingdon Avenue to the west. Capitol Hill is reputed for being a student environment due to the close proximity to Simon Fraser University. It is also known for its Croatian, Portuguese, and Italian ex-pat communities.
In terms of housing, there are several single-family apartments in the neighbourhood, of which the value increases towards the top of the hill. Bus service is provided, connecting Hastings Street, the Burnaby Heights shopping district, Brentwood Mall, and Eileen Daily Swimming pool. What's more? Parks in Capitol Hill offer views of Downtown Vancouver, East Vancouver, Burrard Inlet, as well as the North Shore mountains.
Real estate investment in Capitol Hill is highly lucrative considering all of the amenities mentioned above. If you want to buy or sell a house, Ron Parpara, as your Capitol Hill realtor is at your service.
Some benefits of investing in real estate include:
● Steady income: Real estate investment guarantees a steady income. If you have a house with tenants you'll be smiling all the way from home to the bank from the rent paid by your tenants.
● Long-term Financial security: While everybody yearns for financial security, one investment that guarantees it is real estate. If you buy a property today, in the next 20 years, you will still be receiving rent from the property.
● Tax benefit: This is one of the greatest benefits of real estate investment. If you have a rental property, in some countries you would be exempted from certain taxes. Also, the rent you receive from your tenants is not subject to any form of tax.
● Real estate appreciation: The value of a property increases or appreciates over time. A property you buy today can increase by more than 50% when you want to sell it.
● Inflation: Another benefit of investing in real estate is that it is a hedge against inflation. Even when there is inflation, rent from your rental property will increase in value. Ultimately, as the cost of living skyrockets, the income available to you would also increase.
Every real estate enthusiast at one point or the other has asked why he/she needs a real estate agent to facilitate a deal. For your information, a realtor is licensed to help you facilitate real estate deals.
Ron Parpara is a reputable realtor in the Capitol Hill neighbourhood. Whether you need a new home or you want to sell your house, Ron Parpara can deliver on your specifications without you lifting a finger. He knows all the local terrains in the area and can help you inspect a house to uncover areas that urgently need attention before you part with your money.
When it comes to paperwork, he has what it takes to facilitate all the necessary documentation so that you can move into your new home.
Could you use some help buying or selling? Feel free to reach out to Ron Parpara for personalized realtor services.
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About Ron
I'm in my 13th year as a Realtor® and have acquired an extensive knowledge of the rapidly changing Vancouver market and surrounding area. One thing which is critical is that I will be your main point of contact from start to finish. To find out more, please see my about page.
Our Partners
About Ron
I'm in my 13th year as a Realtor® and have acquired an extensive knowledge of the rapidly changing Vancouver market and surrounding area. One thing which is critical is that I will be your main point of contact from start to finish. To find out more, please see my about page.
Our Partners
