Purchasing revenue properties can be an excellent way to grow your wealth and have an indexed income stream when you retire. It is important; however, to find an agent who understands the business side of revenue properties â most agents donât.
For example, what areas of Vancouver have a higher rental rate; what is the ROI of the property; what are the basic tenancy laws you should know about; should you go with a month to month rental agreement or a fixed term lease? There are also several tax issues to take into consideration before you purchase your revenue property. All of these questions are very specific to the individual, their current financial situation and their long term financial goals.
These are just some of the issues that should be addressed when purchasing a Vancouver revenue property.
Due to ten years of running my own manufacturing company and obtaining my 4th level CGA (Certified General Accountant) I have the perfect business background to assist you with your acquisition of ...
