User Power
Value/Post Ratio
105%
- Oct 18, 2016
- 41
- 43
- 54
No, it wouldn't but as an real estate investor you build these scenarios into your equation that's an expense all businesses have those that's the cost of doing business read any balance sheet. This scenario would only affect you if this was your only house of course real estate investing is hitting singles instead of hitting home runs but if you have a few houses in your portfolio you would be ok.What if you collect $700/month of rent, but have to do an eviction and it takes you 2 months to fill the place back up. And 7 months later you have to spend $5,300 to replace the roof. Is that house putting money in your pocket then?
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.