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Updated about 6 years ago,

User Stats

597
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340
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Ceasar Rosas
  • Real Estate Broker
  • Bronx, NY
340
Votes |
597
Posts

Are you using the 50% rule for expenses?

Ceasar Rosas
  • Real Estate Broker
  • Bronx, NY
Posted

Good morning BP Family!

Are you using the 50% rule for multi-units, 5 to 15 units, for expenses? I'm noticing that heating and hot water in places like Pennsylvania, New Jersey, New York, Chicago, Ohio, are a large part of those expenses. If you're able to pass those expenses to the tenants(wherever possible of course) aren't you seeing those expenses dramatically decrease? 

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