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Jasmine C.
  • Real Estate Coach
  • Reno NV
61
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273
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Atlanta rental investment cost

Jasmine C.
  • Real Estate Coach
  • Reno NV
Posted

I'm an out of state investor trying to find out all of the unknown cost in the state of Georgia that I might need to know about. How do I find out? Do I pay for utilities? State taxes? Anything else I should know

  • Jasmine C.
  • Most Popular Reply

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    Ericka Parrott
    • Residential Real Estate Agent
    • Atlanta, GA
    134
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    Ericka Parrott
    • Residential Real Estate Agent
    • Atlanta, GA
    Replied

    Hi Jasmine, I assume your asking about expenses you will cover as a landlord. In Georgia, its common that most tenants cover all the utilities except the water/sewage bill.  

    Taxes are a bit more complicated. Each county and city has a different formula for the amount of taxes you will be responsible for. I included a link below.

     https://georgia.gov/popular-topic/paying-property-...

    -Also most out of state investors pay between 8 to 10% of total rents for property management. You can find cheaper but, you get what you pay for. 

    Research here of bp for more info. I hope that helps.

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