When a real estate investor is flipping a property, one of the most common things they forget about is the holding costs and their impact on the profitability of a transaction. If you’re in the fix-and-flip game, three holding costs hold the key to deciding the outcome. One is the cost of ongoing expenses such as utilities and property taxes that can add up after a while. The act of simply holding property for six months can cost you tens of thousands of dollars. To learn more, watch this short video above.
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