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rental properties to avoid: Types of Rental Property Investments to Avoid - 05/15/09 05:43 PM
The first and probably most obvious type of rental property to avoid is any property that would create a negative cash flow.  After all, it's called an "income" property.  A property that will cost you money each month is not a wise investment
Do not invest in properties that have upcoming costs or expenses that are not predictable.  Unknown or indeterminable costs can turn a profitable property into a costly endeavor that will cost you money month after month of ownership.  For example, if the city has stated that a new sewer line will be installed in the street there is no way … (2 comments)

 

James Engel KW Beverly Hills

Beverly Hills, CA

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Keller Williams Realty Beverly Hills

Address: 439 North Canon Drive, Penthouse, Beverly Hills, CA, 90210

Office Phone: (888) 999-6575

Cell Phone: (310) 985-0985

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