Top 24 Mistakes in Commercial Real Estate Investing
TOP 24 MISTAKES IN COMMERCIAL REAL ESTATE INVESTING
April 12, 2019
11. Miscalculating Cash Flow
Jake Plotkin, CCIM, Senior Director, Lee & Associates Raleigh-Durham
As much as possible, refrain from making the mistake of miscalculating your cash flow. Many successful real estate investors buy, hold, and rent out properties for the long term, ensuring they have enough cash flow for maintenance and other expenses. Savvy real estate investors allocate their budgets so there is sufficient coverage for expenses like the mortgage, taxes, insurance, and advertising costs. When you don’t have enough cash flow, your property becomes a liability, when it should instead be an asset.
Entire article: Top 24 Mistakes in Commercial Real Estate Investing
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