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Updated almost 6 years ago on . Most recent reply

User Stats

30
Posts
6
Votes
Elijah VanDenBerg
  • Rental Property Investor
  • Rochester, NH
6
Votes |
30
Posts

How do expenses differ between small and medium sized multifamily

Elijah VanDenBerg
  • Rental Property Investor
  • Rochester, NH
Posted

I am currently on the search for an 8-15 unit c-class multifamily (purchase via 1031) in the $1M range. When analyzing and running numbers, what tends to be the difference in expenses (repairs, cap ex, maintenance...etc) between them and smaller 1-4 unit multis? I have always run around 8% for repairs and 8% for cap ex for my smaller multis and am curious if this stays consistent with properties in the 8-12 unit range? I understand there is no cookie cutter answer, but I am curious to hear your thoughts.

Thanks in advance!

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