In evaluating rental properties, it is important to account for unknowns and other operating costs. A lot of new investors optimistically evaluate properties and do not consider all potential costs. Once they realize what it costs to own and maintain the property, they may end up realizing that the numbers don’t work. Two important questions: […]
Tag: real money talk
Let’s see the budget – August
I talk about budgeting quite a lot and some people think Ryan and I live a miserable life because we let a budget rule our life. However, it is thanks to budgeting that we are able to take risky investing decisions without worrying whether or not we’ll be able to meet our obligations. Of the […]