Saturday, May 25th 2019

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What are the disadvantages of investing in property?

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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



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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.

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1st May 2010 In Real Estate 2 Answers | 1737 Views
Subjects: disadvantages of property, property investing,

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