EP066: How to Account for Expenses on a Rental Property

What types of expenses should you anticipate when investing in rental real estate? How can you account for taxes and insurance for your investment properties? This episode was inspired by these listener questions, and I thought I’d take the opportunity to address this topic here on the show. On today’s episode, I’m elaborating on the different types of expenses that occur in rental real estate, and how much you should set aside for each property. I’ll discuss my exact formula for calculating ROI, and how expenses factor into the formula. If you want to avoid extraneous fees and expenses, don’t miss this episode of Investing in Real Estate! “Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris