How do I estimate expenses in an unfamiliar market?

[Todd Rizzardi]

I was just practicing with the BP calculator on a real property that is for sale -- 12 units.

This market is about 50 miles away from me so any suggestions on how I can make fair estimations of all the expenses to plug into the calculator?

[Levi T.]

Call the companies in question and tell them your buying the property and need to get an average or estimate of high/low in monthly cost. They can and will tell you.

Most everything from power, gas, taxes, and insurance can be quoted with just a few phone calls.