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Updated about 3 years ago,

Rick Moccino's profile image
Rick Moccino's profile image
Rick Moccino
  • from Washington, District of Columbia
  • Member since Jun 23, 2017
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Rick Moccino's profile image
Rick Moccino's profile image
Rick Moccino
  • from Washington, District of Columbia
  • Member since Jun 23, 2017
Connect
Rick Moccino
  • Washington, DC
0
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11
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General Landlording & Rental Properties

Estimating maintenance and cap ex for new vs old building

Rick Moccino
  • Washington, DC
Posted

Hi, how do you estimate maintenance and cap ex for a new condo conversion vs. an older building in a high cost of living area (mo rent/purchase ratio of 0.4%-0.5%)?

Given the difference, how much more are you willing to pay for a new renovation?

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