Investment Properties Archives - Page 6 of 6 - Joan Wolf, Big White REALTOR®

BUYING A RENTAL AT BIG WHITE– WHAT YOU NEED TO KNOW

October 28, 2022September 25, 2018 by Joan Wolf

Are you thinking about buying a rental property at Big White? Do you have all the information to make an educated decision? Here are a few of the must knows when buying a rental:

1. Some stratas have rental restrictions. These restrictions all differ in each complex and can limit how many units in the complex can be rented at one time, limit which age the renter must be, or how many days the unit can be rented per year. The rental restrictions can be found in the strata bylaws.

2. When it comes time to sell your rental property, you may be subject to pay GST. This is something you must discuss with your accountant.

3. Be aware that your lender may require different criteria. Some particular lenders will require you to put 25%-35% as a down payment.

4. There are multiple outlets to rent your home through. There is AirBnB, Rent Chalets, Central Reservations and more. Each of these outlets offer something different, from self managed to fully managed, so do your research as to which one will suit your requirements the best.

Do you have questions about purchasing a rental property at Big White? Contact me and we can chat more about all the benefits and things to watch out for! Joan Wolf at 778-231-0308!!

Big White – so many options!

October 28, 2022September 24, 2018 by Joan Wolf

Are you wanting to buy a property at Big White? Have you considered all of the options, like a condo, a chalet, or a cabin, and can’t decide which one would you suit your family’s needs? Here are 3 properties that all offer different features. Which one would fit your family the best?

#122-255 Feathertop Way is a spacious 1 bedroom 1 bathroom condo in Sundance Resort. The building offers an adult games room, theatre, gym, kids room, outdoor pool with water slide, hot tub and sauna. Perfect for those wanting to lock and leave or for investors as a great rental!

If you’re looking for something a bit bigger, check out #C 5837 Snowpines Crescent. This 3 bedroom 2 bathroom ski in-ski out chalet offers breathtaking views of Monashee Mountains.

If luxury is what you are looking for, then 355 Moonshine Crescent should be on your list! This 3000 sq ft half duplex is loaded with everything you need for your Big White home!

To view any of these Big White properties or to be the first to know when a new listing comes up, contact me today!!

Top 3 things Buyers from Australia need to know

August 13, 2018 by Joan Wolf

When you have a choice to live where you play, why not choose Big White?

Only 45 minutes from an international airport lies the place of attainable luxury, surrounded by serenity and adventure alike.

For all my Australian clients ready to find the perfect Canadian home that matches their lifestyle, Big White is the right place to invest in. Here are the Top 3 things buyers from Australia need to know.

1. The mountain has some of the best snow and weather conditions in the country.

First, the mountain has some of the best snow and weather conditions in the country. Slopes are covered with champagne powder that will impress any avid skier and snowboarder, and there is always plenty of snow to keep all the runs open. What’s even better—even in the heat of the season, there are no long line-ups.

2. When purchasing a home in Canada you use an exclusive Buyer’s Agent.

When purchasing a home in Canada, you use an exclusive Buyer’s Agent whose only job is to protect your interests and give you all the necessary information to help you find your perfect property.

It’s imperative to have a buyer’s agent like myself at your side as they can help with referrals for lawyers, accountants, insurance companies, property inspectors, and any other services you might need. As a buyer’s agent, I can also help you check all the other boxes on your wishlist: property managers, cleaners, hot tub maintaining companies, electricians, plumbers, and more.

3. No need to worry about gazumping.

There is no need to worry about gazumping once you find the perfect mountain getaway or rental revenue holiday property. When you put an offer on the home and the vendors accept it, you have two weeks to do your due diligence before you have to put in a deposit. Read the strata documents, view title search, speak to a lawyer, arrange your financing, do property inspection, and do other steps, knowing that no other buyer can bump your offer with a higher offer.