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How to Lose Money in Real Estate
MSN has a new article on ways you can go broke in real estate: for example, if the neighborhood changes for the worse instead of better, if a tenant moves out, or if your interest rates balloon.
The Southern California real estate market has slowed down a little bit, but it's still tempting to feel that it might be easy to make money in real estate here. It's also good to remember that it is possible to lose money that way, too.
Historic photo from Los Angeles Public Library photo archives.
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Right now, LAist has lost $1.7M in annual funding due to Congress clawing back money already approved. The support we receive from readers like you will determine how fully our newsroom can continue informing, serving, and strengthening Southern California.
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