This episode was created to help you identify 9 Lethal Ways Real Estate Investors Lose Money. In this video, I'll share with you the reasons that could make a Real Estate Investor like you lose money, and what you can do to prevent this. Without further ado, happy learning!
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⏰ TIMESTAMPS
0:00 9 Lethal Ways Real Estate Investors Lose Money
0:23 Real Estate Mistakes That Could Make You Lose Money
0:36 What happens if you don't declare your rental income?
02:04 What happens if you declare your income?
3:51 Is it important to have a line of credit?
5:15 How do you know how much rent to charge?
8:59 Analyze cash-flow before investing
10:46 Why is property insurance important?
12:23 Why is important to have back-up materials?
14:41 Do I need to keep all Invoices for tax purposes?
16:03 Is it necessary to have an accountant?
17:02 Don't tell everyone what you have
📄 DISCLAIMER
***DISCLAIMER: THIS VIDEO IS FOR INFORMATIONAL AND ILLUSTRATIONAL PURPOSES BASED ON THE INDIVIDUAL EXPERIENCES OF THE PRESENTER. EVERY SITUATION IS DIFFERENT AND YOUR RESULTS MAY DIFFER. YOU SHOULD ANALYZE THE RISKS ACCORDINGLY BEFORE PROCEEDING TO TAKE ACTION***
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