Finding Relevant Expense Figures

[Ahmed Aboelela]

Hi, I'm Ahmed Aboelela, a rookie investor looking to make meaningful connections in the real estate community.

I'm eager to learn from your experiences—what strategies or processes do you use to determine expense figures in your market?

Thanks!

[Alecia Loveless]

@Ahmed Aboelela When I’m unsure on the cost of something I call around to different vendors and ask for estimates on pricing.

You can also sometimes call utility companies and get relevant information.

[Matthew Morrow]

Quote from @Ahmed Aboelela:

Hi, I'm Ahmed Aboelela, a rookie investor looking to make meaningful connections in the real estate community.

I'm eager to learn from your experiences—what strategies or processes do you use to determine expense figures in your market?

Thanks!

Hi Ahmed,

Welcome to the community! As a local team lead focused on investment real estate, we often start by analyzing comparable properties and historical data to get a baseline for expenses. We also factor in local market trends, property condition, and management costs. Networking with local investors and professionals is key—I'd be happy to connect and share more insights. Feel free to reach out anytime!