Go-To Sites for Estimating Expenses

[Mitchell Toney]

Hey Everyone! This isn't really what I was expecting to be my first post, but I am struggling with getting consistent numbers for properties I am trying to analyze in different areas of Columbus. I understand that expenses like water, electric, gas, internet, etc. are all variables and change depending on multiple factors, but I'm looking to see if people out there have any Go-To websites they use to get accurate or at least semi-accurate estimations of these types of expenses. Any and all advice is greatly appreciate!

[Justin Elliott]

@Mitchell Toney

Hi @Mitchell Toney

I don’t know of any websites but I’ll be following this thread to see if anyone has that info. My go to move for this is to establish a relationship with a property manager that can give you all of the expenses for a similar property. So if you are underwriting a 70s vintage 80 unit property they can give you their P&L for that same asset type that they manage ideally in close proximity which could also help you with rent comps. Hope that helps.