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Updated over 7 years ago,
Is 5% too high for the variable landlord expenses ?
Is 5% too aggressive for a property that is fully turnkey and has a performing tenant? For example, let's say the roof is less than 5 years old. I wouldn't have to save as much since it was recently done? The same goes for repairs and maintenance. If all the appliances are brand new. I could put less money away per month since all the appliances are new. Would 2% or 3% be more reasonable to put in the calculations since all these repairs were made ?