Aaron Banks
3212 Jacklin Road #106 V9B 0J5 Victoria, BC, Canada

Have equity, but a lot of debt? See good investment opportunities, but all your cash is in your home? Want to pay for your children's school?... There has never been a better time to review your mortgage and find not only solutions, but find the possibilities of what you can do with these all time low interest rates.

Want to get pre qualified in 90 Seconds or less? With my app, you can do exactly that! This app can help you budget, plan and compare. ... Over the next week, I will be coming out with more videos showing how powerful and beneficial this app can be! Stay tuned and download the app! Dont forget to log in to acess all it has to offer! https://www.mccapp.ca/app/aaron-banks #Mortgagelife #Getamortgage #prequalified #mortgageapproval #mortgageapp

Need another reason to attend tonight’s Back to Business Forum style mingle? Meet Josue Dubon of DesignWealth! Josue is a Wealth Mentor at DesignWealth, he wil...l be speaking on behavioural finance and how our own actions may be leading us to make decisions that are conflicting with the very goal we’re trying to accomplish. Learn about what financial habits we inherently have that may be getting in the way of achieving our goals and what we can do to overcome them. Don’t forget to register at victoriachamber.ca to get your Zoom link!

What is your retirement plan? Collect a pension? Cash in some investments/Live off of dividends? Real Estate investments?... Win the lottery?

Kings Auto sales at it again with being a leader within the community. If you know anyone who may be in need to be selected to get this car, nominate them before Wednesday!

It’s that kind of night #mywifemakesthebestsinigang. #filipinofood

Someone came to me recently and said that owning a home is a bad investment. So many repairs, and responsibilities. I told him, people who own homes have so many more options than people who rent, and for that reason alone, it is worth it to buy. (Unless you buy a lemon) Pro 1: You will eventually be mortgage free. ... When you retire and are on a fixed income, you can live in a house mortgage/rent free Pro 2. Debt consolidation Maybe you take on a personal loan, credit cards, car loans that becomes too much of an issue. If you own your home and have the equity in it, you would be able to consolidate that all into your mortgage, and get rid of what could be thousands of dollars in payments every month, for a couple hundred extra dollars on your mortgage payments. Pro 3. Equity Equity Equity. Real estate definitely has ups and downs, but over the long run, you will come out ahead and have a favourable growth in your net worth. A set of clients recently saw their house value go up $25,000 in just two months! This may not come in cash right away, but when you want to upgrade, it will help you get into a bigger house as your family grows, and help you with your cash flow and buying a smaller house if you ever choose to downside. Do not let the fears of maintenance deter you from buying a home. There are plenty more positives about home owning than what is listed above. Book your free home owning strategy plan appointment today and let me get you on the right track to buy your first home! #homeownership #firsttimehomebuyer #investinginyourfuture

Check out this tour of 301-300 Waterfront Cres!

- , Commercial real estate investors recognize the inherent value in multi-family rental apartment buildings. Despite polarizing policies such as the foreign-home buyers tax increase, higher property taxes and caps on rental increases, the Metro Vancouver and Greater Victoria multi-family rental markets are performing surprisingly well. ... The two markets finished 2019 at $1.2 billion in total sales, with most of the action in the second half of the year. With positive net migration estimated at 45,000 annually, a rapidly growing tech workforce, apartment vacancy rates in the 1 per cent range and consistently higher home prices, rental apartment buildings will remain one of the safest and strongest- performing commercial real asset classes in 2020 in both Vancouver and Victoria. : With a lack of land and growing competition, capitalization rates for quality multi-family assets will remain in the 2.5 per cent and 3 per cent range. For larger assets with high-equity requirements or assets that require substantial capital upgrades, cap rates may experience a slight uptick. Cap rates will be lowest within the urban core. Feel free to reach out with any mortgage related questions!