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All Forum Posts by: Taylor Vaughn

Taylor Vaughn has started 1 posts and replied 2 times.

Post: Expenses Per Unit

Taylor VaughnPosted
  • Landlord
  • Austin, TX
  • Posts 2
  • Votes 1

Thanks for all the answers!  I am looking at a 38 unit complex in Central Texas that has been mismanaged for the last few years.  It's 50% vacant and the operating statement I got showed 900/unit in expenses so I am trying to estimate as best as possible.  Each input is greatly appreciated!

Post: Expenses Per Unit

Taylor VaughnPosted
  • Landlord
  • Austin, TX
  • Posts 2
  • Votes 1

Does anyone use rules of thumb for estimating expenses per unit for multi-family property?  I have recently been told:

Owner paid utilities:  4K-4.5K Door

Tenant paid utilities:  3K - 3.5K Door

Do any owners have actuals per door they can share?

I'm in Central Texas.

Thanks!