Seth Green On Real Estate

Listen up first time buyers.

This is a (mostly) serious blog about real estate in the Nanaimo area. That doesn’t mean that my dissemination of information has to be all dry and dull.

Here is a video where Seth Green actually makes some really important points about starter homes, ultimately he’s talking about keeping it within your means. As I’ve said before, this is the number one thing with buying real estate as it will go up in the long term, but in the short term you MUST be able to pay for it.

By the way, houses like the one he’s showing off (small but pretty new or at least recently and thoroughly updated) would probably be somewhere between $260k and $280k here in Nanaimo depending on location. But if it were me, I’d go for the place that’s a bit more and has a suite that I can rent out and have tenants pay a good chunk of the mortgage for me. One day, when I am in a better financial position I’ll stop renting out the suite and expand my own living area to include the whole house.

Enjoy.

Ryan Coffey

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