Don't Make A "Big" Investment Mistake
By Sandy Shores FL Realtor®, Melbourne Real Estate, Brevard County Real Estate, Florida's Space Coast
(M & M Realty of Brevard Inc.)
As a landlord here in Brevard County Florida, over the past 14 years I have had my fair share of ups and downs. And, I've made mistakes and learned from those mistakes. Often, we have people call us with an interest in investing in real estate. Real estate investing isn't for everyone. Some people don't have the disposition to be a landlord. If it were easy, everyone would be doing it. The first property we bought was in 1996, a 1700 square foot home, 4 bedroom, 2 bath. We kept it rented for 10 years, with the same tenant for 8 years. But, as property values increased, so did the taxes and insurance. We sold it, took the money and replaced it with 2 smaller properties. Houses about half that size. That house was too big. We buy smaller houses now. We have found that typical...
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