Also are you factoring in some turnover costs and recurring capex (like a new roof every 25 years)?

hey every one on BP I'm back. since the last time i posted, i've been to 4 REI meet ups in various areas on CT. going to my 5th this Saturday. seen a few recurring faces at a couple of them.

other than rent collections, you really shouldn't have many recurring entries at all.Hope this helps. 

Historical expenses will also let you know if there is a significant recurring utility or maintenance bill that that the owner is responsible for: James' video does not mention if the units are individually metered for electricity.

You have a great reason for getting started and multi-unit residential properties can be a fantastic way to build wealth and recurring income.For starters, the BiggerPockets Podcast is a valuable resource for learning.

Rates go up, showings and offers go down, and then the inverse when rates drop.There is too much news and anxiety about rates.

Enter recurring charges and automatic late fees.

Only where there is significant and sustained population growth will prices and rents outpace inflation.Another important consideration is overhead costs because it's not about how much you gross but how much you net.When choosing an investment city, consider all significant recurring costs.

Lastly, that $5k/month mortgage gives me anxiety.

My everyday goes by the 5 F's - Family, Fitness, Faith, Finances, Fun.I never regret not acquiring a certain property, but missing my son's soccer semifinal a few years ago because I went to a showing still bothers me.I go on a date with my life at least once a week and travel as much as we possibly can.Being fit gives you not only health but the confidence you need to be even more successful. exercising is the biggest cure for stress and anxiety.