WHAT WILL IT COST ME?
Getting into the property investment business is thrilling. To make money, whether to enhance your current income or become financially independent from the nine-to-five grind of the corporate world, there is so much to look forward to! However, there are some significant financial considerations before jumping into property investment. If you have just started, you may become easily overwhelmed with all the costs involved. While they may seem daunting, the reality is that budgeting for these numbers is pivotal for progress. The right numbers are essential for every property transaction – no exceptions. Let’s look at the costs associated with property investment – we will first examine the acquisition or property purchase costs, followed by the costs associated with holding the property.
1 ACQUISITION COSTS
Every property purchase entails costs beyond
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