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Updated over 5 years ago on . Most recent reply

Clay Monroe's profile image
Clay Monroe's profile image
Clay Monroe
  • from San Antonio, TX
  • Member since Feb 27, 2018
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Clay Monroe's profile image
Clay Monroe's profile image
Clay Monroe
  • from San Antonio, TX
  • Member since Feb 27, 2018
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Clay Monroe
  • San Antonio, TX
2
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13
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Commercial Real Estate Investing

Attn: Commercial Property Managers/Owners

Clay Monroe
  • San Antonio, TX
Posted

Hey BP people! I was hoping some commercial property managers/owners could answer some questions for me!

How do you estimate the routine maintenance budget for a commercial property? Do you include the costs of parking lot/asphalt/concrete/traffic control devices in your maintenance budget? Do you include landscaping in your maintenance budget?

Any input would be greatly appreciated!

Clay Monroe

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Bruce Petersen's profile image
Bruce Petersen's profile image
Bruce Petersen
  • Rental Property Investor
  • from Austin, TX
  • Member since Jan 27, 2017
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Bruce Petersen's profile image
Bruce Petersen's profile image
Bruce Petersen
  • Rental Property Investor
  • from Austin, TX
  • Member since Jan 27, 2017
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Bruce Petersen
  • Rental Property Investor
  • Austin, TX
265
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254
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Bruce Petersen
  • Rental Property Investor
  • Austin, TX
Replied

@Clay Monroe

If there are multiple projects to be done at once owners will often hire a GC. These projects 

Sounds like you don't have much experience with this at least in the commercial RE space, be careful.

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