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All Forum Posts by: Shahram Zarshenas

Shahram Zarshenas has started 1 posts and replied 2 times.

@Luke Carl Thanks for the response. Any idea how much you should set aside for maintenance expenses (like a rainy day fundy)? Like is there a rule of thumb? For example, 10% of monthly income, etc.

If it helps I am looking at a 120k 2 bed 2 bath condo.

Hey Everyone!

Excited to join this community and make my first post! I am interested in getting into the STR/VR market and am looking at several properties right now as a potential investment. I am building out a model to estimate their cash flow. As this is my first go-around I am not actually sure if I have accounted for all my costs and made the right estimations.

That being said, can anyone share the type of expenses they typically account for in their model? (maintenance, taxes, insurance, etc.) and even the rule of thumb for some of the expenses. For example, I am having trouble estimating what my annual maintenance should be.

Look forward to hearing everyone's responses!