Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago,

User Stats

119
Posts
98
Votes
Jabbar Adesada
  • Rental Property Investor
  • Beaufort, SC
98
Votes |
119
Posts

What does maintenance and repairs cover

Jabbar Adesada
  • Rental Property Investor
  • Beaufort, SC
Posted

Hello all! I am currently working on my first deal which will be a house hack and this is a basic question, but what exactly should I be using maintenance/repairs for? Should half of my budget (5% of the totals rents) literally go for repairs and half for lawn care, cleaning, bug service etc. I am house hacking a SFH. Or should I budget for the maintenance side separately? Also when budgeting for vacancy I'll be setting aside 10% of the total rents which my numbers show will be 3.5 months of PITI a year, assuming I have 6 months of reserves specifically for vacancies at all times and only 2 months of actual vacancy would I take the remaining 1.5 months of over estimated vacancy as pure Cashflow?