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Updated 21 days ago, 12/15/2024

User Stats

57
Posts
35
Votes
Karl Kauper
  • Investor
  • Tinton Falls, NJ
35
Votes |
57
Posts

Total expenses for landlord in Sutton MA

Karl Kauper
  • Investor
  • Tinton Falls, NJ
Posted

Good afternoon,

Could anyone help me to estimate my monthly expenses if I rent out my single-family house in Sutton, MA? I will be self-managing remotely (from NJ). Please note that I have 25 years of experience renting out apartments and houses in three other states, but I’ve never done so in MA, so I don’t have experience with local MA laws or vendor expenses. I know how much my property taxes will be, but what other expenses are there, and approximate cost? Please note: I will definitely be self-managing, so please don’t suggest that I hire a local PM. I am just looking for insight from local MA realtors, attorneys or landlords regarding what my typical monthly expenses (if any) will likely be (I don’t mean one-off expenses like roof repairs). Also, can I stipulate in the lease that the tenant has to maintain the lawn and shovel the driveway and walkways, or am I required to pay a vendor? If so, approximately how much will that cost? Or, can I get away with requiring the tenant to pay all expenses? 

Thanks for any local insight!!

Karl

User Stats

6,522
Posts
7,441
Votes
Jonathan Greene
Professional Services
Pro Member
#4 All Forums Contributor
  • Real Estate Consultant
  • Mendham, NJ
7,441
Votes |
6,522
Posts
Jonathan Greene
Professional Services
Pro Member
#4 All Forums Contributor
  • Real Estate Consultant
  • Mendham, NJ
Replied

@Andrew Freed can probably help with this. He has a lot of units and is a licensed agent in Worcester MA who knows plenty about single-family as well.

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Zen and the Art of Real Estate Investing
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User Stats

457
Posts
372
Votes
Brian J Allen
  • Real Estate Agent
  • Worcester, MA
372
Votes |
457
Posts
Brian J Allen
  • Real Estate Agent
  • Worcester, MA
Replied

@Karl Kauper with a SF you can require the tenant to take care of lawn and snow, but they might not be up to your standards.  There are plenty of local landscapers who you can hire to do everything.  I might suggest going directly to one of these guys.  Let me know if you need names in Sutton.

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