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Updated over 9 years ago on . Most recent reply

User Stats

37
Posts
11
Votes
Bill Bell
  • Nags Head, NC
11
Votes |
37
Posts

Hard Hit Maintenance Expense Year!

Bill Bell
  • Nags Head, NC
Posted

Two houses, two new HAVC systems - check

one house, new roof - check

one apt:  drywall, bathroom remodel, and other $1k+ "refresh" efforts - check

Even though the monthly cash flow is fairly strong over monthly costs (mortgage, taxes, insurance), i am getting killed by big maintenance expenses.  Fortunately, I have coverage for now, but what about next year, year after that, etc...?!  There seems to be plenty more to be done to keep the properties rentable at a decently high quality standard; however, is it a losing battle?

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