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Podcast: BiggerPockets Daily
Episode: How to Accurately Estimate Expenses on a Rental Property in 3 Easy Steps by Brandon Turner
Description: I have a proposition for you. You give me $20,000 and I’ll give you… nothing. In fact, you’ll give me another $50 to $200 per month until you go crazy or broke.Sound like a good trade? No? Unfortunately, many rental property investors make this same trade with every purchase—because they didn’t properly calculate rental property expenses. The end result? Negative cash flow. Losing money. And unfortunately, it happens all the time in real estate investing, and it leads to financial ruin.I should know—90 percent of the deals I have purchased have been from “failed...