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Manic! 06-15-2025 11:11 AM

Forget moving to Europe. Buy a place in Australia. So your kids can hit the mountain all year around. 6 months here 6 months there.

underscore 06-15-2025 04:03 PM

If you really want snow I think Chile is supposed to be better than Australia for the southern hemisphere.

westopher 06-15-2025 05:33 PM

By a LOOOOOOONNNNGGGG shot.

whitev70r 06-15-2025 08:16 PM

Tell me if this is not one of the most unique and great design for a smallish (but livable) 2 bedroom unit ?!

2 bedroom, 2 bath, 858 sqft, $717K, with a single attached garage in Richmond (Granville, Railway, Thompson Community area). Designed with a car guy in mind!

https://www.realtor.ca/l/bR3L7/ka

https://cdn.realtor.ca/listing/TS638...2999925_17.jpg

JDMDreams 06-15-2025 08:21 PM

How only 1 car garage

whitev70r 06-15-2025 08:40 PM

you want the sky? 2 garage for a 2 bedroom ~ 850 sq ft unit?

Avg condo gets one underground parking if it's a highrise.

Find me another similar unit in this city with an attached garage?

Gumby 06-15-2025 08:43 PM

Looks great, very functional layout!

donk. 06-15-2025 09:06 PM

Id blow out that upper bedroom wall and extend into tool storage / mini woodshop or whatever

Great find

Hehe 06-15-2025 09:46 PM

Quote:

Originally Posted by Manic! (Post 9181477)
Forget moving to Europe. Buy a place in Australia. So your kids can hit the mountain all year around. 6 months here 6 months there.

Southern hemisphere we actually got it covered. Argentina is second home to me and while parents don't own a property in ski-resorts there, it's second home to me going back there.

Main reason of not moving to Monaco or Andorra (the two places I narrowed down) was a project that came along. It needed some commitment but could ultimately be quite rewarding.

You lose some, but you gain some. But so far it's great. My cashflow is improving quite a bit, and that's why I'm thinking about buying something. Worst case is to use all this cash to pay off mortgage of my house when it comes up for renewal. But I have always hated paying off low-cost debts like mortgage. High-interest like CC, sure... clear every month. But mortgage below 5%? Keep it for as long as I can and continue to build my cashflow.

underscore 06-15-2025 10:45 PM

I'd flip the right side of the layout so the master bedroom is next to the garage. Then put in a window so you can admire your car from bed.

Badhobz 06-16-2025 05:05 AM

Quote:

Originally Posted by Hehe (Post 9181516)
Southern hemisphere we actually got it covered. Argentina is second home to me and while parents don't own a property in ski-resorts there, it's second home to me going back there.

Main reason of not moving to Monaco or Andorra (the two places I narrowed down) was a project that came along. It needed some commitment but could ultimately be quite rewarding.

You lose some, but you gain some. But so far it's great. My cashflow is improving quite a bit, and that's why I'm thinking about buying something. Worst case is to use all this cash to pay off mortgage of my house when it comes up for renewal. But I have always hated paying off low-cost debts like mortgage. High-interest like CC, sure... clear every month. But mortgage below 5%? Keep it for as long as I can and continue to build my cashflow.

He talked about skiing and you went off about friggin how much money you made again. FeelsBadMan

6793026 06-16-2025 06:30 AM

the townhouse apartment is not bad for 700k ish.
it's across form burnett, right by thompson center... waht's not to like. kids can just suck it up and go to school. No crazy malls, no shitting corner store the kids can bum aroudn with..
heck i grew up there and wish i lived a bit futher away and it was a legit area.

Hehe 06-16-2025 08:00 AM

Quote:

Originally Posted by Badhobz (Post 9181532)
He talked about skiing and you went off about friggin how much money you made again. FeelsBadMan

You should see the amount of debt I’m taking on. Haha. It’s scary to think about it sometimes.

We are currently exploiting a trade program where there’s a 90 days discrepancy between money being borrowed vs money being paid and generating cash flow off that. Controversial? Perhaps. But definitely lucrative to an extent.

jing 06-16-2025 08:02 AM

1139sqft 2br 3ba w/ 4 car private garage

https://www.realtor.ca/real-estate/2...enue-coquitlam

Similar price point with 4x parking

https://cdn.realtor.ca/listing/TS638...3014894_34.jpg

Badhobz 06-16-2025 08:05 AM

Quote:

Originally Posted by Hehe (Post 9181549)
You should see the amount of debt I’m taking on. Haha. It’s scary to think about it sometimes.

We are currently exploiting a trade program where there’s a 90 days discrepancy between money being borrowed vs money being paid and generating cash flow off that. Controversial? Perhaps. But definitely lucrative to an extent.

bro, i dont think you need any more money. the hell you gonna do with all this $$$ anyways!? you got a mansion, you got a nice family, you got all this shit. Why not just go spend time and enjoy it instead of chasing more wealth. You got more than enough for your kids to not work again, plus when your parents go, all that shit is yours as well.

You should just do the absolutely bare minimum work and go spend time with yer kids.

whitev70r 06-16-2025 08:07 AM

Quote:

Originally Posted by 6793026 (Post 9181540)
the townhouse apartment is not bad for 700k ish.
it's across form burnett, right by thompson center... waht's not to like. kids can just suck it up and go to school. No crazy malls, no shitting corner store the kids can bum aroudn with..
heck i grew up there and wish i lived a bit futher away and it was a legit area.

Yah, I think this would be a great first home for:
- a single person with mommy and daddy help
- a young couple no children,
- a couple with newborn can maybe last 3-5 yrs?
- or a humble senior couple downsizing.

Legit neighbourhood!

whitev70r 06-16-2025 08:12 AM

. see below

whitev70r 06-16-2025 08:14 AM

Quote:

Originally Posted by jing (Post 9181550)
1139sqft 2br 3ba w/ 4 car private garage

https://www.realtor.ca/real-estate/2...enue-coquitlam

Similar price point with 4x parking

Not bad find. Very spacious 2 bd unit, > 1100 sqft, it is a separated garage though. You still not getting the uniqueness of an attached garage ... in this one, you gotta go to P1 or P2 and carry your groceries up the elevator ... but yah, never seen a garage this big for a 2 bedroom unit, you can make a suite in that garage space!

Try and find me that unicorn, where there is an ATTACHED garage for a condo!

JDMDreams 06-16-2025 09:52 AM

I've never seen private garages too unless it's for penthouse and usually it's like 2 cars. I wonder if you're allowed to mechanic in the garage.

Hehe 06-16-2025 09:53 AM

Quote:

Originally Posted by Badhobz (Post 9181552)
bro, i dont think you need any more money. the hell you gonna do with all this $$$ anyways!? you got a mansion, you got a nice family, you got all this shit. Why not just go spend time and enjoy it instead of chasing more wealth. You got more than enough for your kids to not work again, plus when your parents go, all that shit is yours as well.

You should just do the absolutely bare minimum work and go spend time with yer kids.

Haha. I'm far from what you said. But I do dream of retiring in about 10yrs once kiddos go to college. For my retirement though, I need to take my mind off things. All I want for retirement is to do nothing unless I want to.

My existing RE business requires me to handle a lot of things. Anything from the business itself, to tenants management, to construction. I have always thought about hiring someone to replace me and does everything for me. However, the main problem becomes having to teach a person everything I know but there's nothing preventing them to just leave and start on their own. A mechanism to prevent that from happening does not exist.

So, I'm branching out. Taking all the cashflow from my real estate business and channel it into something else instead of keep pumping into RE. Something that relies on the cashflow generated by my RE business in order to generate more of it. This way, I can train a person (well, more like a group) to do it for me and as long as I retain control of my RE business, I retain control for the whole thing.

6793026 06-16-2025 09:57 AM

Quote:

Originally Posted by jing (Post 9181550)
1139sqft 2br 3ba w/ 4 car private garage

https://www.realtor.ca/real-estate/2...enue-coquitlam

Similar price point with 4x parking

https://cdn.realtor.ca/listing/TS638...3014894_34.jpg

To be fair.. you're comparing Richmond to Coquitlam (30km) . That's like comparing coquitlam with Cottonwood in Maplewood (also 30km).

Eff-1 06-16-2025 11:13 AM

Coming from someone who lived in a condo/townhouse complex with underground private garages, just remember these "garages" are not like what you might imagine you are getting if it was a detached house.

BC Fire code prevents any and all kinds of storage in those garages. Cars only, that's it. Maybe some bikes. Depends on how fussy your local municipality fire inspector is. They do annual inspections.

Strata rules may or may not prevent you from doing any kind of repairs on your car in those garages. Because they are usually limited common property, strata can set rules and bylaws as they see fit.

But yeah, you do get easy access to your car in a heated underground space.

jing 06-16-2025 12:20 PM

You can do anything in your garage as long as the door stays shut and the council can't prove anything :troll:

68style 06-16-2025 02:42 PM

Quote:

Originally Posted by Hehe (Post 9181571)
My existing RE business requires me to handle a lot of things. Anything from the business itself, to tenants management, to construction. I have always thought about hiring someone to replace me and does everything for me. However, the main problem becomes having to teach a person everything I know but there's nothing preventing them to just leave and start on their own. A mechanism to prevent that from happening does not exist.

I got you bro, I will gladly manage your empire for you. Hear me out, this is my resume:

- Not motivated by money so I won't steal from you
- Too old to me ambitious so I won't steal your business
- Like working from home with random travel interspersed
- Currently on leave from work with no interest in going back to working for the government
- donk says I'm the only person he knows with a 5 star rating on FB Marketplace
- Very trustworthy face, people love talking to me
- 19,154 Thanks and only 308 Fails on RS, that's a 62:1 Thanks to Fail ratio
- People pleaser who only cares that everyone I deal with is happy (except when it's JasonS2000 and sometimes V3ral whatever his name is in Toronto) and have expertise at resolving difficult situations with people in an amicable manner
- 100% Feedback on eBay with 638 transactions
- Charming, witty, and my mom says I'm handsome
- I can pretend to like Teslas when I have to and sometimes still begrudgingly recommend them to people despite my biases

Badhobz 06-16-2025 04:13 PM

^just dont trust him around any asian women, he tends to bone them.


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