YFP Real Estate Investing 48: Seven Overlooked Rental Property Expenses
b'Nate Hedrick and David Bright, your podcast hosts, discuss seven frequently overlooked rental property expenses that real estate investors should consider.
Key Points From This Episode
- The opportunity we have during tax season to evaluate what we have done.
- How certain things get overlooked when a property has not been tenanted.\\xa0
- An introduction to today\\u2019s topic: the often overlooked expenses attached to real estate.
- Why tenant turnover cost is a factor: marketing, applications, open houses, and more.
- How to mitigate the costs: host viewings while it is tenanted, for example.
- What seasonal demand means.\\xa0
- Zoning considerations and why there is a cost attached to this.
- Loan considerations and how they turn into unexpected or unanticipated costs.
- Why it is important to know that repairs happen and setting money aside for them.
- Why it is beneficial to be more judicious in your research.
- The constant: there will always be property taxes and they will often go up.
- What we have seen in terms of local property taxes.
- How reasonable planning can help you create a more intelligent path forward.
Links Mentioned in Today\\u2019s Episode
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