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Updated about 6 years ago on . Most recent reply

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Samuel Garcia
  • Jersey City, NJ
3
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20
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Expenses when calculating properties

Samuel Garcia
  • Jersey City, NJ
Posted

What are common most expenses in nj when calculating your numbers?

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16,433
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Ned Carey
  • Investor
  • Baltimore, MD
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Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

@Samuel Garcia

  • taxes
  • insurance
  • repairs
  • property management
  • vacancy rate
  • turnover cost
  • capital expenses
  • accounting /legal
  • evictions
  • licenses and registrations

Perhaps the largest cost is turnover expense. Keeping tenants a long time is one key to profitability

  • Ned Carey
  • Loading replies...