Vancouver Flip or Flop: Can You Really Profit in Real Estate?
Description
Flipping homes in British Columbia can be a lucrative venture, but with rising costs, market fluctuations, and strict taxation rules, is it still worth it? In this episode, we break down the realities of house flipping in BC, the taxes that can eat into your profits, and whether investors can still make money in today's market.
James and Denny share their personal experiences flipping homes and discuss their insights into the current market.
This episode will focus on the flipping game in the Lower Mainland, flipping taxes and how they work, expensive materials and labor making things hard, relying on market gains, double dipping on GST on new builds, developers are struggling and future predicitions.
Email us at garbuttdumaspodcast@gmail.com
James Garbutt
james@gdrealestate.ca
Instagram: /jamesgarbutt
Facebook: /jamesgarbutt
Denny Dumas
denny@gdrealestate.ca
Instagram: /denny.dumas
Facebook: /denny.dumas.5
Garbutt + Dumas Real Estate
Instagram: /gdrealestateteam
Facebook: /gdrealestateteam
Website: garbuttdumas.ca
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