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Updated about 11 years ago on . Most recent reply

Christopher Giannino's profile image
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Christopher Giannino
  • Real Estate Agent
  • from Hamilton, NJ
  • Member since Dec 27, 2013
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Christopher Giannino's profile image
Christopher Giannino's profile image
Christopher Giannino
  • Real Estate Agent
  • from Hamilton, NJ
  • Member since Dec 27, 2013
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Christopher Giannino
  • Real Estate Agent
  • Hamilton, NJ
311
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464
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General Landlording & Rental Properties

Expenses that a newbies might not expect

Christopher Giannino
  • Real Estate Agent
  • Hamilton, NJ
Posted
I am straight out of college and interested in purchasing my first rental property within the year. I was wondering what expenses do I need to expect? I know some of the more obvious ones such as mortgage, insurance, taxes, advertising, and repairs/maintenance but what other expenses might a new investor not be expecting?
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Account Closed's profile image
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Account Closed
  • Involved In Real Estate
  • from Lynchburg, Virginia
  • Member since May 31, 2013
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Account Closed's profile image
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Account Closed
  • Involved In Real Estate
  • from Lynchburg, Virginia
  • Member since May 31, 2013
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Account Closed
  • Involved In Real Estate
  • Lynchburg, VA
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Account Closed
  • Involved In Real Estate
  • Lynchburg, VA
Replied

Vacancy.

Most people underestimate it. Can you afford the mortgage if you go 1-2 months without a tenant?

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