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| Before purchasing, conduct a comprehensive inspection to assess the health of a house and any potential repair or maintenance costs. Not limited checking the plumbing, electrical systems, HVAC, and overall structural integrity. Comprehending the property's condition will let you avoid unexpected expenses and produce informed investment decisions. |
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[[//www.youtube.com/embed/https://www.youtube.com/watch?v=j9e3W-rGu9M/hq720.jpg?sqp=-oaymwEnCOgCEMoBSFryq4qpAxkIARUAAIhCGAHYAQHiAQoIGBACGAY4AUAB\u0026rs=AOn4CLAWUtPGQ1zsplg4BB5ovsbqkv2iqA|external page]]1. Identifying Investment Opportunities | Unforeseen maintenance costs are another risk when investing in property. Older properties, especially, can have hidden structural issues or require significant repairs that were not immediately apparent when purchased. Plumbing problems, roof damage, electrical issues, or appliance breakdowns could lead to costly repairs, potentially eating into your investment profits. |
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