Mantainance fees to consider when buying a property

It is very important to consider how much money to put aside for usual expenses once you bought the property. Considering you have purchase the property finance free here are some of the points we should look at:

• Management and mantainance (note that everytime a tenant moves out there will be an expense attached to it, like new paint, new carpet, etc)
• Letting fee  
• Tax and insurance (county and state taxes, LLC, etc)
• Vacancy factor  (see next post about vacancy rates in the USA)

However you should also consider that:

• Eventually be able to charge more and more for rent.
• Keep mind that any repairs you make to the property can be written off as well!