WHEN PURCHASING AN INVESTMENT PROPERTY, IT’S IMPORTANT TO FACTOR IN THE ONGOING COSTS OF OWNERSHIP LEST YOU BE LEFT PAYING FOR AN EXPENSIVE LEMON.
What Are The Costs Of Owning An Investment Property?
On top of your home loan repayments and bank fees, owning an investment property comes with some ongoing costs. Before taking the leap into the investment market, it’s important to weigh these costs against your expected profits to determine whether owning an investment property is right for you.
Here are some common costs that will likely come with your investment property…