The key to effective accounting is to keep a track of the money earned and spent in business. It is essential for every business, and real estate is not an exception. Besides helping you stay organized, it also measures your profitability and aids in complying with legalities. You need to take key business decisions from time to time, and proper accounting helps you take the right ones.
A recent study by Ecotagious shows that Vancouver condominiums have a 12.5% non-occupancy rate.