Posted about 5 years ago

Some Insight to Rental Investment Setbacks

When you invest in a rental property, there are woes such as terracotta pipes that are violated by unruly root systems, plumbing nightmares and who could ignore, the tenant who becomes a real life nightmare. 

Although these are setbacks, don't get discouraged. Learn from these experiences and move forward. 

Rental Investment Costs incurred to date are as follows:

Attorney’s Fees $268.30Eviction Services$1,310.00Total$1,578.30Haul, Disinfect & Clean$4,800.00Total$6,378.30(Less) Security Deposit $1,295.00Total Out-of-Pocket Exp$5,083.30

Always underwrite and double check you have the buffer!