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Operating Expense Ratio
Hi to all Bigger Pockets peeps.
I am interested in getting a multifamily unit and in the process of analyzing deals. My question is ... during the initial analysis is the percentage of small multifamily (1-9 units) operating expenses lower than the percentage of large multifamily (10+ units)? If so what is the difference in percentage?
I have been sticking to 50% rule for initial analysis and wasn't sure if that was applicable to all size multifamily units.
Thanks