A buy and hold rental portfolio is one of the building blocks of long term real estate investing success. Regardless if you have one single family property or a pool of apartment buildings it is critical that you understand the numbers. Omitting or miscalculating a few expenses can quickly cause a profitable looking property to turn negative. A rental property with negative cash flow will weigh on your portfolio and make you second guess buying rental property in the future. In most cases all of the expenses are black and white however there are a few that are often overlooked. It is these overlooked expenses that make all the difference with your cash flow. Here are five overlooked rental property expenses you need to be aware of.
A well run rental property can be the gift that keeps on giving. Understanding all of the numbers associated is big part in rental property success.
See original article here: https://www.cthomesllc.com/2017/01/dont-forget-5-hidden-rental-property-expenses/