Buying a first rental property: the costs people forget
Everyone budgets for the down payment and the mortgage and stops there. The costs that hurt later are the ones that show up in months when nothing is happening, and the investing guide at 192 Orange Grove lists them for a reason. Here is the version I wish someone had handed me.
Vacancy is the first one and the most underrated. A unit sits empty for a month while you clean, paint, and find...
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