Updated over 10 years ago on . Most recent reply
Atlanta rental investment cost
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
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.