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Updated almost 8 years ago on . Most recent reply
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How do you safeguard your investment money?
Costly factors when purchasing a property, especially a buy and hold, are unforeseen costs, especially those that could have been avoided. For example: roofing, sewer, boiler, furnace, fire safety, foundation stability, led paint, etc.
The list is endless and so are the subsequent associated costs! What measures do you employ to mitigate unforeseen costly repairs, who do you include in your must come and inspect list (fire Marshall, roofer, architect, plumber, etc)?
Investing is a risk--- risk reduction saves money, increases productivity and cash flow.