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All Forum Posts by: Loc Nguyen

Loc Nguyen has started 2 posts and replied 2 times.

I am trying to acquire my first rental property this year and I was hoping someone can help me out when it comes to expenses that I have to factor in with a rental property. After reading the boards and a couple books I am still kinda confused. So far this is a list of expenses I know that should be accounted for 

-Property Tax

-Vacancy 

-Insurance 

-Repair 

-Advertisement

Is that all that is needed? also what is a good percentage to set aside for vacancy and repair reserves? Thank you anyone ahead of time for some answers.  

Post: Multifamily Books

Loc NguyenPosted
  • Posts 2
  • Votes 0

Hello BP,

I was wondering if anyone can recommend any books that would be useful geared towards multifamily investing such as duplexes and fourplexes. So far I found Larry B. Loftis book that was written in 2006 but I was wondering if that book would still be useful today.