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Updated almost 7 years ago on . Most recent reply
what are normal repair/maintenance expenses per unit per month?
I have a 7 unit C class building built in the 1960s, and I feel as though my management company is charging me absurd repair and maintenance fees. What are normal repair/maintenance expenses per unit per month?
Most Popular Reply
5% of rent for month to month maintenance and 10% for CAP ex. I self manage. If there's not a big expense one year where I don't use the funds from the cap ex acct. I will roll it over to the next year but usually will spend it at max every 3 years to make sure the place is always on the up and up and it helps with tax deductions.