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Average yearly maintenance
Hi guys,
I am originally from France where I own two rentals.
My family and I moved to Austin two years ago and I am trying to look at investment opportunities in the area, mostly multiunits.
Property taxes are putting a big toll in the yield but I am curious about the maintenance.
I did ask the books of a fourplex (4*850 usd, 2/2 units) I was interested in to and I see like 3,500 USD per year of "getting ready" costs.
Is that what you guys can confirm as average maintenance costs, roughly a month of rent ?
Thanks