ALLIGATOR PROPERTY

Today's word: ALLIGATOR PROPERTY
Theme for this fortnight: REAL ESTATE

 

          In real estate, when the cost of mortgage payments, property taxes, insurance and maintenance on a rental property is greater than the income it brings in. If this situation is not corrected, it will eat up all of the owner's profit, leaving him or her with negative cash flow. Hence, it is called 'Alligator' property.