Is buying a rental property a good investment? The expenses of homeownership fall into two categories; predictable and unpredictable. Let s talk about buying a rental investment property and the potential expenses that you may incur. Yes, there are advantages of homeownership, however, buying a property as an investment is not as clear cut as many seem to think. Here are examples of both predictable and unpredictable expenses; Predictable Expenses - Appreciation Property Insurance for Coverage Flood Insurance Unpredictable Expenses - Property Repairs Changes In The Rental Market Tenant Default Natural Disasters Environmental Changes Changes In Law Or Ordinance In summary, there are an awful lot of potential expenses to consider before purchasing a rental property as an investment journey. Make sure you can afford it before moving forward. Contact us today, we can help you navigate through this and make an informed intelligent decision! Click on the "Learn More" button to read the full article on our website. Sun Mortgage Funding Inc 3525 N Causeway Blvd #900 Metairie, LA 70002 504-837-3939 https://sunmortgagefunding.business.site
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