Setbacks in a rental investment merely teach you about yourself or the systems you use.
Wait, catch yourself if you are feeling sorry for me… Setbacks in a rental investment merely teach you about yourself or the systems you use. It is an opportunity for growth! And in real estate is a capital improvement that is bolstered in the future.
Rental Investment Costs incurred to date are as follows:
Attorney’s Fees $268.30
Eviction Services $1,310.00
Total $1,578.30
Haul, Disinfect & Clean $4,800.00
Total $6,378.30
(Less) Security Deposit $1,295.00
Total Out-of-Pocket Exp $5,083.30
Always underwrite and double check you have the buffer!