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Join Ken McElroy as he explains the nine areas of expenses to watch with prospective properties to maximize your cash flow. Learn how these expenses affect your property's net operating income and increase your revenue.
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⏰ Timestamps ⏰:
0:00 Introduction
0:34 Income and Vacancy
3:28 Expenses and Net Operating Income
5:04 Employee Payroll
5:47 Administrative and HOA Fees
9:18 Property Maintenance
10:53 Marketing Your Property
12:02 Property Management
13:17 Property Taxes
15:09 Insurance and Coverage
17:13 Legal Fees and Expenses
18:12 Long-Term and Capital Expenses
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Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and most recently his book on entrepreneurship: The Sleeping Giant. Ken is a Rich Dad Advisor.
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#kenmcelroy #realestate #cashflow
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