The rent a property brings in each month isn't the actual profit you will walk away with as a landlord. If you are looking at whether or not the venture is worth embarking on, it's really important to know this difference. There is a long list of costs that actually need calculating into the amount that lands in your bank. And getting this wrong can land you in all kinds of financial trouble. Before you jump the gun and go all in on your first property, let's take a look at some of the costs you'll be expected to pay as a landlord.
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