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Updated about 3 years ago on . Most recent reply

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Jason Appel
  • Investor
  • New York, NY
53
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91
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What Expenses do you pay for in Philadelphia

Jason Appel
  • Investor
  • New York, NY
Posted

Hi All,

When i run the numbers on properties in Philly, if its a SFH, i usually don't include Water, garbage, electric etc. becuase that can be billed back to client: at least i think.

Can somebody please confirm what costs i can expect to incur on the operational side of a rental of a SFH, and even a 2-4 unit in Philadelphia. Are their laws that i need to become aware of?

Thank you,

Jason

Most Popular Reply

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13,452
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Steve Babiak
  • Real Estate Investor
  • Audubon, PA
8,349
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13,452
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Steve Babiak
  • Real Estate Investor
  • Audubon, PA
Replied
Originally posted by @Dan Powers:

@Jason Appel for reference I recently sold a 5 unit multi in Norristown, and the annual trash cost was $1100, for SFH its so minor that it shouldn't be a factor in whether or not you move on a deal.

Dan Powers - Real Estate Agent

 You can’t compare the suburbs to the city when it comes to bills.

I believe that the following website for Philadelphia will have the trash bill explained a bit. There is a link to an information letter there.

https://www.phila.gov/documents/refuse-exemption-forms/

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