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Updated about 2 years ago on . Most recent reply
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Advice on monthly expense analysis on a property
When considering the risks of real estate investing it's important to be conservative about your analysis numbers. That being said if you're too conservative, then most "good deals" will become unappealing. Therefore it's good to be between conservative and liberal, but how much so?
These are the thoughts I am considering when punching in the numbers for these expenses on a property (Repairs & Maintenance, Vacancy, Capital Expenditures).
Of course it depends on the property, but if anyone has advice on the percentages they commonly use for these expenses, that would be greatly appreciated!
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@Michael Dumler I think it's important for new investors like myself to look into the market and property details as much as possible before plugging in just any numbers. Thanks for the advice, I appreciate you taking the time to answer.