When managing apartments, there are several categories of operating expenses necessary to maintain and manage them. We all know these expenses: property taxes, insurance, utility charges, maintenance and turnover costs, on-site and off-site management costs, etc. But less well known are potential hidden costs of maintaining and managing an apartment that in large part can determine the profitability of your investment. They are, in no particular order:
Read more...9 Hidden Costs Managing Apartments That Can Cost You Big Time! - theBrokerList Blog
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