What’s your biggest expense as a real estate investor?

[Suly B.]

Whether you own 1 or 100 investment properties I'd love to get your answer.

Thank you kindly, Suly

[Greg M.]

Mortgage interest. OK, so maybe that wasn't the answer you were looking for...

Excluding updating/remodeling, it would likely be plumbing and issues caused by plumbing problems. There is always a clogged drain or leaky pipe or fixture that needs to be replaced. I had a toilet leak and it caused damage to the walls, ceiling, and a light fixture on the floor below. Had it all fixed and a few months later another toilet leak  from a different issue damaged the exact same area that I had repaired. This was after I had replaced this toilet maybe 2 years earlier after a leak damaged the walls and ceiling.