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Cost To Own - What Else Could I Do With That Money | Ep. 21
It's no secret that investment properties can often cost you money each week to own.
This is due to the costs (mortgage payments, rates, insurance, etc.) outweighing the rental income you receive every year. Finding cashflow-positive properties can be few and far between, and a lot of investors think this is the end of the road for investing.
But, does a negative cashflow property mean property investment isn't worth it? No.
Let's see why.
Website: www.thrivepartners.co.nz/
Instagram: www.instagram.com/thriveinvestmentpartners/
Facebook: www.facebook.com/thriveinvestmentpartners
LinkedIn: www.linkedin.com/company/thrive-investment-partners-nz
By Thrive Investment PartnersCost To Own - What Else Could I Do With That Money | Ep. 21
It's no secret that investment properties can often cost you money each week to own.
This is due to the costs (mortgage payments, rates, insurance, etc.) outweighing the rental income you receive every year. Finding cashflow-positive properties can be few and far between, and a lot of investors think this is the end of the road for investing.
But, does a negative cashflow property mean property investment isn't worth it? No.
Let's see why.
Website: www.thrivepartners.co.nz/
Instagram: www.instagram.com/thriveinvestmentpartners/
Facebook: www.facebook.com/thriveinvestmentpartners
LinkedIn: www.linkedin.com/company/thrive-investment-partners-nz