Investing in real estate is often perceived by others as a sign of financial stability and a potentially lucrative way for you to grow your money, but it’s not without risk. There are numerous ways property investors can lose money or have a low return on investment, so regardless of whether you’re a beginner looking to buy your first property or already have an established portfolio, understanding these pitfalls is important.
To help you get on the right track with your property investment strategy, here’s a look at 7 ways you can lose money on real estate.
This post originally appeared at MoneyMiniBlog.