One of the fun things about owning a Lifestyle Investment Property (aside from the revenue, the lifestyle, and the street cred’ at your High School Reunion) is giving it an identity. Our Lifestyle Investment Name History – For us, the “naming
Converting to Tourist Home Use
***UPDATE: AS of June 6, 2023, Canmore Town Council is exploring the option of removing “Tourist Home” from the Land Use Bylaw. If you already have a TH Property – Great! Keep renting it! If you are looking to buy
Canmore Short Term Market Analysis: The Basics
So, you’d like to know exactly how much revenue your new Canmore Lifestyle Property will put into your Piggy Bank. Well, that depends. Location? Size? Furniture? Fixtures? How often would you like to use it yourself? Is it downwind of
The Truth About Negative Cash Flow
When you began researching Real Estate Investing, you probably heard lots of comments about “Gotta be Positive Cash Flow” and “If it isn’t Positive Cash Flow, it’s a terrible investment. Run Away”. I cringe every time I hear an Experienced Investor telling a
The Real Cost of Self-Managing a Short Term Rental
We get it … no one likes Property Managers. It’s not a lot of fun to work in an industry that people dislike you before you say anything. Everyone seems to have a story to tell about some terrible Property