Advertisement"I had a full-time job at the time, and I even had a property manager managing the properties," Cabrera said. Dutton, who has dealt with sellers wanting out, says even property owners trying to offload the problem can lose money in the process. This way, if one unit loses money for whatever reason, the other units will continue to cash flow. In terms of considerations when thinking about the location of an investment property, Dutton noted that one of the biggest expenses buyers often miss, especially in places like South Florida, is property taxes. Another tax mistake buyers make is checking the current property tax and assuming they will pay the same amount.

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Persons: it's, Whitney Dutton, Daniel Cabrera, Cabrera, Cabrera isn't, Shelby Johnson, Johnson, Dutton, Chrissy Grigoropoulus, Grigoropoulus Organizations: Service, Native Realty, US Army Locations: South Florida, San Antonio, North Carolina, Florida, New York's Nassau County, New York