All Forum Posts by: Brad Griffin

Look into ornamental grasses. Low maintenance, hard to kill, come back every spring. They come in all different sizes and looks.

You should be comparing your subject property to comparable properties that have sold recently in the immediate area. Comparable in terms of square footage, beds/baths, lot size, style, etc. Closer the better. Those recent sales indicate what the market is willing to pay for a home similar to your subject.

Is there a percentage rule of thumb that I should be applying to my property analysis to get a rough figure of yearly capex and maintenance expenditures? Obviously the size, age and condition of the home will change these figures significantly, but what should I use as a conservative baseline for these costs? Those are the two areas of analysis that I am least confident about and want to make sure they're properly accounted for.