This episode of The Flow is a conversation Alex had with James “Jamie” Garbutt, a licensed realtor and co-owner of Steel & Oak Brewing Co. Alex and Jamie talk about the current state of the real estate market in British Columbia, focusing on investment opportunities, changes in zoning laws, and the impact of recent governmental tax changes on real estate investors. Jamie shares his journey from investing in one-bedroom condos to exploring presale options and the strategy of buying single-family homes with potential for increased density under new zoning laws. The discussion covers the attractiveness of presale condos due to predicted lower interest rates in the future, the impact of new capital gains tax changes, and the potential for multi-unit zoning as an unprecedented opportunity for investors. Additionally, Jamie emphasizes the importance of investing in locations one is willing to visit and considers how interprovincial migration and lifestyle preferences influence real estate decisions. The episode encapsulates the complexities of investing in today’s volatile market while highlighting opportunities amidst challenges.

James is a co-owner of the "Garbutt & Dumas Real Estate Team" in Metro Vancouver. Aside from being a top tier Realtor, James is a co-founder of Steel & Oak Brewing Company in New Westminster, B.C. AND co-host of the “Selling Vancouver Podcast” which you can find on your podcast platform of choice.

James’ Instagram: @jamesgarbutt

The Garbutt & Dumas Real Estate Team Instagram: @gdrealestateteam

Garbutt & Dumas Website: www.garbuttdumas.ca

Steel & Oak’s Instagram: @steelandoakSteel & Oak’s Website: steelandoak.ca

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