Maintenance and repairs are some of the biggest expenses for rental property owners. However, learning how to complete simple DIY repairs and knowing when to call experts is important to managing costs. For example, unclogging a toilet could be an easy DIY fix, but hiring a professional plumber can run anywhere from $150 to $700! […]
Tag Archives: common rental property expenses
21
May
May
Part of being a successful landlord is preparing for all necessary and unexpected rental property expenses. However, for new landlords or investors, this is easier said than done. When it comes to determining income and profits, there are plenty of helpful online ROI calculators. That said, estimating expenses involves many variables that landlords can easily […]
05
Jun
Jun
Probably the most common question for most new landlords in Maryland is “How much should I charge for rent? While this is a good question, there are a number of additional considerations property owners must first address in order to arrive at a rental fee. What are the neighbors like? What does the property […]