A recent article by the CBC, covers the story of a co-op property in South Surrey that changed ownership at the end of the property’s lease leaving residents with a close to TRIPLED rent increase or forced to try to find alternative housing.
In this video, Real Estate Specialist, Steve Karrasch of Macdonald Realty provides cautionary advice as to why co-operative and leasehold properties may look like affordable housing options, but can prove to be risky when it comes to the lease.
Closure of Surrey, BC, co-operative leaves residents desperate for affordable housing: https://www.cbc.ca/news/canada/british-columbia/totem-coop-closure-1.6839482
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book time with Steve: https://calendly.com/stevekarrasch
In this video, Real Estate Specialist, Steve Karrasch of Macdonald Realty provides cautionary advice as to why co-operative and leasehold properties may look like affordable housing options, but can prove to be risky when it comes to the lease.
Closure of Surrey, BC, co-operative leaves residents desperate for affordable housing: https://www.cbc.ca/news/canada/british-columbia/totem-coop-closure-1.6839482
- - -
book time with Steve: https://calendly.com/stevekarrasch
call or text: 604-549-5828
email: steve@krproperties.ca
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email: steve@krproperties.ca
DOWNLOAD Our *FREE* Home Buyer's Guide: https://tinyurl.com/cn6u4sd9
Are you a REALTOR®? Want to learn how to level up your business?
Learn how to improve your message with the #1 Real Estate Video Course or my YouTube Course for Real Estate
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DISCOUNT CODE: Steve10
Subscribe To The Tom Storey Show Podcast with Steve and Tom:
YouTube: https://www.youtube.com/channel/UCse8VG5r3C9O9S7W6-p5sNg
Spotify: https://open.spotify.com/show/7wEEPUUhaC8g2CsIwJetbd
Apple Podcast: https://podcasts.apple.com/ca/podcast/the-tom-storey-show-with-steve-tom/id1627632474
*** Start Your Mortgage Application Today***
CITY WIDE Mortgage Services: https://mtgapp.scarlettnetwork.com/KR_Properties/home
INVESTORS! Download Lendlord for *FREE* to manage and analyze your properties: https://www.lendlord.io/krp
My Video Gear:
Microphone: https://amzn.to/3mim9u5
Interview Microphones: https://amzn.to/3nzryhx
Studio Lights: https://amzn.to/3r8uLoY
Ring Light: https://amzn.to/3ACAIPg
Mobile Light: https://amzn.to/337evN9
Wall Mount Boom: https://amzn.to/3fjtaHq
Teleprompter: https://amzn.to/3YLDGvG
Teleprompter Screen: https://amzn.to/3qef54m
Power Supply: https://amzn.to/3qYpe4o
USBC Hub: https://amzn.to/3r2ACw1