Total expenses for landlord in Sutton MA
Good afternoon,
Could anyone help me to estimate my monthly expenses if I rent out my single-family house in Sutton, MA? I will be self-managing remotely (from NJ). Please note that I have 25 years of experience renting out apartments and houses in three other states, but I’ve never done so in MA, so I don’t have experience with local MA laws or vendor expenses. I know how much my property taxes will be, but what other expenses are there, and approximate cost? Please note: I will definitely be self-managing, so please don’t suggest that I hire a local PM. I am just looking for insight from local MA realtors, attorneys or landlords regarding what my typical monthly expenses (if any) will likely be (I don’t mean one-off expenses like roof repairs). Also, can I stipulate in the lease that the tenant has to maintain the lawn and shovel the driveway and walkways, or am I required to pay a vendor? If so, approximately how much will that cost? Or, can I get away with requiring the tenant to pay all expenses?
Thanks for any local insight!!
Karl