Ways To Lose Money In Real Estate #7 (Maintenance & Repairs)
Home repairs, especially if routine maintenance is neglected, can be quite costly. And they don't bring added value to your house.
Home repairs, especially if routine maintenance is neglected, can be quite costly. And they don't bring added value to your house.
Excessive debt and over-leveraging can quickly get you into trouble in real estate investing.
Excessive debt and over-leveraging can quickly get you into trouble in real estate investing.
Remodel costs and carrying costs are a quick way to lose money on a real estate investment. These costs can easily cut into or eliminate your profit margin on a flip or remodel project.