I often get asked what long-term costs I can expect when holding my investment property.
In this video, I explain 7 of the major and potential long-term costs associated with buying an investment property. These costs include (but may not be limited to)...
1. Interest repayments to the bank.
2. Principal repayments to the bank.
3. Property management.
4. Council rates.
5. Water rates.
6. Insurance.
7. Renovations, clean-ups of the property and compliance.
