Quote from @Anderson Banegas Cerrato:
Hey Jason, great question! I’m not in the game yet, but I’ve been diving into this to prepare for my first multi-family deal. From what I’ve learned, investors often use a percentage of gross rental income as a baseline—usually around 10-15%—to estimate maintenance and repairs.
Others recommend tools like Stessa or Buildium to track actual costs and project future expenses.
How do you usually approach unexpected repairs or big-ticket items? I’d love to learn from your experience!
Hey Anderson, I am also fairly new to the game. I own a mobile home that I rent out and I am looking to make my first MFH purchase this upcoming year to house hack.
I have been analyzing a few deals but havent officially set a method for tracking maintenance and expenses.
