Point B Investment is one of British Columbia’s top real estate investment firms, specializing in residential investments all over the lower mainland.
Vancouver, BC -- (SBWIRE) -- 09/09/2016 -- Vancouver, BC—The real estate market in British Columbia has become "hot" and investment money and opportunities are flowing all over the region. With stock market and currencies fluctuating along political lines, real estate seems the safest investment for many. The amount of money circulating through the markets and practices like house flipping have made many long time investors worried. Companies like Point B Investment have witnessed the frenzy and are using their blogs to plead for some honest discussion about investments.
"There is a lot of money flowing into real estate right now," says Teresa Leung, founder of Point B Investment. "People are investing without really doing any due diligence when it comes to the parties involved. Just because someone went to a seminar on flipping houses doesn't mean they will be successful in finding, fixing, and selling property. The flow of money shouldn't cloud the reality of the real estate market. You want to know that you're investing in something that is on the up and up."
Leung advises those considering working with a "house flipper" to answer the right questions. Who will be doing the renovations to the home? Are they licensed to do the work? What insurance are they holding? Even though the real estate market is hot, says Leung, there is still such a thing as a bad investment. This is why working with specialists to find the right properties, the right investment can help maximize the returns and safeguard investors from legal repercussions. There are honest people in the market who don't have the right qualifications, dishonest people who are looking to make a quick buck, and then there are people who know what they're doing and can provide a history of their investments and the returns. "It's back to that old adage," says Leung, "trust but verify."
88 E. Broadway
Point B Investment
Teresa Leung, Founder