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Updated 6 months ago on . Most recent reply
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How would you recommend allocating gross rental income?
As a new investor I am working to find the right balance of allocation towards Vacancy, Capex, Emergency, etc. I currently sit anywhere in between 6-8%. I like to be aggressive with these numbers as cash flow is not my main focus now. I am interested to see what seasoned investors find to work best. Mostly small multifamily properties.
What is your breakdown? Thank you in advance!
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Quote from @Matt Owens:
As a new investor I am working to find the right balance of allocation towards Vacancy, Capex, Emergency, etc. I currently sit anywhere in between 6-8%. I like to be aggressive with these numbers as cash flow is not my main focus now. I am interested to see what seasoned investors find to work best. Mostly small multifamily properties.
What is your breakdown? Thank you in advance!
Hey Matt,
I own 2 duplexes here in Columbus, Ohio and I would say that buying duplexes in an appreciating area would probably be your best bet. Columbus,Ohio is growing very rapidly with businesses like Intel, Google, and Microsoft. Let me know if you have any questions and if there is anyway I can help!
- Kerlous Tadres
- [email protected]
- (614) 490-1163
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