…association takes care of all exterior maintenance. That brings his maintenance costs down. (Well, really, it just lumps his maintenance costs into a different category). Assuming his house is in…
Search results for: repairs and maintenance
Renting is Throwing Money Away … Right?
…maintenance, repairs and renovations. (He loses much of this value to depreciation of fixtures and mechanicals, which he replaces and upgrades in 10 years before listing the home for sale.)…
I’m Upside-Down on My Home. Should I Rent It Out? Or Sell It?
…he has an association payment, I assume his homeowner’s association takes care of all exterior maintenance. That brings his maintenance costs down. (Well, really, it just lumps his maintenance costs…
House #2 is Rented! How Good of a Deal Was It?
…of your rental income goes to maintenance/repairs/management. I don’t think that rule applies here, for two reasons. #1: Rent and maintenance are “independent variables” – one can move without impacting…
How Much Does It Cost to Maintain A House?
…heard: Repairs and maintenance will cost one percent of the purchase price per year. In other words, for every $100,000 worth of house, you’ll spend $1,000 per year on maintenance….
#140: Ask Paula – Should I Buy a Rental Property with an HOA?
…($6,660 annually), including setting aside one percent of the purchase price for repairs and maintenance and another one percent of the purchase price for capital expenditures. What do you think…
Your House is a Lousy Investment
…haven’t accounted for repairs and maintenance. Regular ‘ol Maintenance … Nothing Fancy You want a roof over your head? You can expect to replace it every 10-15 years. An asphalt-shingle…
Should You Invest in This Rental Property?
…gross revenue will get consumed by operating overhead, such as taxes, insurance, utilities, management, maintenance, repairs, vacancies, turnover costs, pest control, administration, etc. This is a generalized rule, intended for…
Real Estate Investment Income Report: Here’s What I Earned in December 2015
…water/sewer for every single-family home). Equipment Repairs: $116.30 This includes $108.22 to buy a timer for a washing machine, plus $8.08 at Home Depot. These are classified as “equipment repairs”…
How Much Does It Cost to Maintain a Rental House?
…thumb” to predict how much you’ll spend on a rental property. The 50% Rule states that all your operating costs – such as property tax, insurance, repairs, maintenance, water and…
