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Updated over 3 years ago on . Most recent reply

User Stats

9
Posts
6
Votes
Deven L. Richardson
  • Real Estate Agent
  • South Orange, NJ
6
Votes |
9
Posts

Deal Analysis; Finding Expense Cost

Deven L. Richardson
  • Real Estate Agent
  • South Orange, NJ
Posted

Hi BP,

I'm currently learning how to analyze properties so I can be more confident when offering on deals. I have one question though, how do you get estimates for utility cost i.e. electric, water, gas, garbage? I know the books say to contact local PSE&G, insurance agent, etc. but do I need to have a specific property in mind or could I just ask for the average in my respective market? 

Thanks for whoever answers and always looking to connect!

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