Expenses when calculating properties

[Samuel Garcia]

What are common most expenses in nj when calculating your numbers?

[Ned Carey]

@Samuel Garcia

• taxes
• insurance
• repairs
• property management
• vacancy rate
• turnover cost
• capital expenses
• accounting /legal
• evictions
• licenses and registrations

Perhaps the largest cost is turnover expense. Keeping tenants a long time is one key to profitability