Newsletter

I love being apart of the Oakwyn team! And I am excited to report that Oakwyn is expanding its horizons by setting up shop in the beautiful city of Kelowna!

Are you looking for a place in the Okanagan? Let me know and I will be sure to connect you with the right Oakwyn agent! 🙋‍♀️

If you’re following me on Instagram, you might already know that I’ve signed up WTF Challenge (Women that fight). The challenge is to complete 20 sweats in 30 days with all proceeds going to support Canadian Women’s Foundation. I’m beyond proud to say that I’ve successfully completed 20 sweats in 15 days.

Rumble ( my boxing gym) has honestly changed my life. This time last year I was doing 3 classes a week and now look at me.

If you ever want to join me for a class, just send me a message – let’s do it!

Real estate has been a part of my life since childhood. With my Dad’s side hustle of buying and flipping homes, I quickly caught the same drive to find the perfect properties. At 21, I purchased my first home and have continued investing over the years.

From the ground up, I’ve proudly climbed the ladder, constantly learning and growing. Real estate is tough, but my honesty, integrity, and dedication to my clients have shaped me into the agent I am today, forming strong, lasting connections.

Over the years, I’ve guided countless buyers and sellers in achieving their real estate dreams, whether it’s a first condo or a forever home. No matter the situation or property type, my goal is to provide top-notch advice and unforgettable experiences to each and every client.

Now, I couldn’t imagine doing anything else. As a full-service agent for buyers and sellers, I’m here to lead you exactly where you want to go. Let’s embark on a successful real estate journey together! 🔑

The question of whether a 1 bedroom or a 2 bedroom property is a better investment depends on various factors, including location, market demand, and personal investment goals. Here are some points to consider:

Location: The location of the property can significantly impact its investment potential. In some areas, 1 bedroom properties may be in higher demand due to factors such as affordability, urbanization, or proximity to employment hubs. In other areas, 2 bedroom properties may be more desirable for families or for those seeking more space. Research the local real estate market and consider the demand for each type of property in the specific location you are interested in.

Market demand: Consider the current and projected market demand for 1 bedroom versus 2 bedroom properties in the area. Analyze factors such as population growth, job market trends, and demographic changes to determine which type of property is likely to have higher demand in the foreseeable future. Properties with high demand are more likely to appreciate in value and generate higher rental income.

Rental income: Rental income is a crucial consideration for investment properties. Compare the potential rental income for 1 bedroom versus 2 bedroom properties in the area. Generally, 2 bedroom properties tend to command higher rent due to the additional space they offer, which may result in higher cash flow and potentially better returns on investment. However, the rental income also depends on factors such as location, property condition, and local rental market conditions.

Target market: Consider the target market for the property. If you are targeting young professionals, singles, or couples without children, a 1 bedroom property may be more suitable. However, if you are targeting families or tenants who need more living space, a 2 bedroom property may be more appealing. Understanding the needs and preferences of your target market can help you make an informed decision.

Personal investment goals: Consider your personal investment goals and risk tolerance. If you are looking for a property with lower upfront costs and potentially higher cash flow, a 1 bedroom property may be more suitable. On the other hand, if you are willing to invest more upfront and potentially wait for higher appreciation and rental income, a 2 bedroom property may be a better option. Your investment strategy and long-term goals should align with the type of property you choose to invest in.

Ultimately, there is no one-size-fits-all answer to this question as the better investment choice between a 1 bedroom or a 2 bedroom property depends on various factors, including location, market demand, rental income, target market, and personal investment goals. It’s essential to conduct thorough research, analyze the local real estate market, and consult with a qualified financial professional to make an informed decision that aligns with your investment strategy and goals.

Residential property sales in Metro Vancouver with listing activity remaining below historical norms, home sales in Metro Vancouver have mounted a surprising comeback, rising near levels seen last spring, before eight consecutive interest rate hikes eroded borrowing power and brought home sales activity down along with it.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,741 in April 2023, a 16.5% decrease from the 3,281 sales recorded in April 2022, and 15.6% below the 10-year seasonal average (3,249).

So with some pep in this current market, if you’re considering a move then let’s schedule some time to talk it out.