What is controllable expenses?
Operating costs the landlord can manage (maintenance, landscaping, management), often subject to a negotiated annual cap on increases passed to tenants. Taxes and insurance are typically uncontrollable and uncapped.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.