Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 2 years ago,
Do grounds fees get included in maintenance?
Hey team - trying to underwrite my first property and im under the assumption that you would spend about $250-350 / unit / year for "maintenance fees" associated with the apartment complex. The T12 I am reading has grounds (snow removal, mowing, and grounds services) under the maintenance section. I am curious if this is to be included in that mkt avg of $250-350/ unit / year number (thanks Joe Fairless!). Thanks in advance!