Friday, September 22nd 2017

Question

What are the disadvantages of investing in property?

Interesting Question?   (2)   (6)



Answers (2)

19th Oct 2013 by Anisa

kindly pin point some point to me as i'm wishing to invest in a condominium or either car , land or boat, kindly suggest me the pros and cons in doing so for the stated item



Like This Answer?   (3)   (0)
This answer is the subjective opinion of the writer and not of FinancialAdvisory.com
28th Feb 2011 by admint

One of the main disadvantages of property investing is high carrying cost. Once you've bought property, you are on the hook for paying the annual RE taxes, the utilities, insurance, and maintenance costs. This isn't so bad if it's a piece of raw and undeveloped land, but even a simple house in a residential area is going to cost you annual carrying costs. Even though the property market has slumped in the past year or so, it's still expensive to buy property.

Like This Answer?   (2)   (0)
This answer is the subjective opinion of the writer and not of FinancialAdvisory.com



1st May 2010 In Real Estate 2 Answers | 1398 Views
Subjects: disadvantages of property, property investing,

Answer This Question / Give Your Opinion
What are the disadvantages of investing in property?


Answer: *

What country is this answer relevent to? *
Your Name: *

Enter Verification Number: *


Give Your Opinion
What are the different types of renter insurance?
Share a simple answer to help inform others:
Specific to any country?
First name / Alias

• Your answer will be posted here:
What are the different types of renter insurance?
Unanswered Questions in Real Estate

Answered Questions in Real Estate
What are the different types of property investment?
Where can i find a realtor?
How to invest in real estate?
What to look for in a mortgage broker?
What is the difference between real estate agent and realtor?
Ask A Question
Get opinions on what you want to know:
Specific to any country?