Real estate investing is a powerful way to generate cash flow, build wealth, and increase your overall net worth. But it's not without risks.
Here are some of those risks to consider when owning rental property.
Now, let’s look at what we discussed in this episode:
- What is a bad tenant
- The disadvantage of owning real estate
- How to tap into the equity of your place
- Pros and cons of loans
Here’s a breakdown of how this episode unfolds…
People always like to talk about the good side and the upside and I do as well. I think the focus should be on the benefits and what you can get out of it and what you can achieve, but I think it's also important to talk about the other side – the risks.
You lose money when you sell.
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