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Ray Lumenario | Sonny Bhinder Real Estate Team. Blog

Thursday, January 14, 2021   /   by Ray Lumenario

SBRET January 2021 Newsletter

Thank You!
It has been a pleasure taking care of your real estate needs for the last thirteen years. The growth we've experienced over the years is because of clients like you, who faithfully support our business. We appreciate your trust, and we'll do our best to continue to give you the best service you deserve. Thank you for your trust.






What Your Home Sellers Are Saying About Us:
"Recently, we sold our condo using Sonny Bhinder Services. He was professional and very knowledgeable. Wish home all the best for the future."
Sanjay Mahan
 
"Sonny and his team were our selling agent. We had a wonderful experience working with Sonny and his team His market assessment was very accurate, and his team managed the entire process flawlessly. He even negotiated on our behalf and managed to get an even better price. I wholeheartedly recommend this service. Thanks Sonny!"


Eric Davis
 
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What Your Home Buyers Are Saying Abo ...

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Friday, December 18, 2020   /   by Ray Lumenario

Tips For Beginners When Investing In Real Estate

Investing in real estate can be a challenging process for beginners.
However, there are basic tips that make it more manageable. Real estate is a major investment, so approach it with care and consideration.
Following these tips will help you get started.
Which Investment Method is Right for You?
Most real estate investors choose one of these methods:
1. Buying shares of a Real Estate Investment Trust (REIT)
2. Purchasing actual real estate to rent out or flip
The differences between the two are huge, so this is a big decision.
Investing in a Real Estate Investment Trust
If you select the REIT method, then you'll be purchasing shares of a portfolio of real estate. REITs have professional managers that select the real estate in the trust. This method is similar to purchasing a mutual fund, where you just invest your money and don't have anything to do with managing the real estate yourself.
A real estate investment trust can be a good investment. It's easier to enter the real ...

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  investing, real estate, investing in real estate, real estate investment

Thursday, December 10, 2020   /   by Ray Lumenario

SBRET December 2020 Newsletter

Strong Seller Market for Detached Homes and Townhomes In November
The desire for family-sized homes and their benefits continues to dominate. Since the summer, we’ve seen the strongest demand in Fraser Valley Board’s 99-year history specifically for single-family detached and townhomes. 



Single Family Home Sales are up 90.3% across Fraser Valley, with 978 units sold in November 2020 compared to 514 in November 2019.


Townhouse Sales are up 51.1% across Fraser Valley, with 532 units sold in November 2020 compared to 352 in November 2019.

 
Want To Take Advantage Of The Current Market Condition? Here's How...
...CALL SONNY TODAY at 604.593.5055 

 

Your Referrals Help BC Children's Hospital 
Why We Support


As a Real Estate Team in the Greater Vancouver area, we’ve met many clients and hear many stories about kids struggling with various ailments. Through these stories, we have heard about how BC Children’s Ho ...

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  investing, real estate, buy a home, home, home for sale, home selling, newsletter, sonny bhinder real estate team, investing in real estate, real estate investment, december

Sunday, November 15, 2020   /   by Ray Lumenario

Would It Be A Good Idea To Sell Your Home or Turn It Into a Rental?

There are two options for you if you no longer need a real estate property. You can either sell it or turn it into a rental property. Both options have their pros and cons. Carefully think about your choices and select the option that makes the most sense for your situation and financial goals.
Selling Your Home
Selling your home means you will receive a handful amount of money. You can, for instance, use this money to secure and make a down payment on a new home. The main advantage of selling your home is that you can use the money from the sale to easily finance another real estate investment.
Selling your home also means you no longer have to worry about keeping your property well-maintained. This can be your best option if extensive repairs are required and if you would rather avoid expenses linked to maintenance. Typically, maintenance can cost you between 6 and 10% of its value each year.
Renting Your Home
The benefit of turning your property into a rental is that you w ...

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