As a hard money lender who works with many investors in the Portland area, I can share some insights on maintenance costs for multifamily properties in this market, though individual experiences may vary:Lots of investors report a slight decrease in maintenance costs during winter months, bc of:- Fewer landscaping needs - Less wear and tear on HVAC systems (as heating is generally less intensive than summer cooling)- Reduced tenant turnover in winterWinter-specific issues can arise:- Potential roof repairs due to heavy rain or occasional snow- Gutter cleaning and maintenance to prevent water damage- Heating system repairs or maintenancePortland-specific factors:- The mild climate helps reduce extreme weather-related maintenance issues. - Older housing stock in some areas may require more upkeep. - Strict local regulations can also sometimes increase compliance-related maintenance costsCost-saving strategies I've seen help:- Preventative maintenance programs can help reduce overall costs obviously - Some investors report success with in-house maintenance teams for larger portfolios- Energy-efficient upgrades can help reduce utility costs in the long runYour specific costs will depend on factors like the age and condition of your properties, your management style, and the specific neighborhoods you're invested in, but hope this helps!

Rehab cosmetic and landscape What was the outcome?

Windows, roof, landscape, finished basement, new bathrooms, and kitchen.

We created new back entrances to the parking space as well as updated all the cosmetics and did over $40,000 in new landscaping and concrete.

Garden and Mr.

. $250 all in all after one month, my total expenses were: $6253.45That is not included some expenses I had not included here (Washing machine fix, landscaping, etc)The moral of the story is that S*** happens.

New Orleans, with its strategic location at the mouth of the Mississippi River, emerged as a crucial hub for commerce and shipping, attracting entrepreneurs and investors eager to capitalize on its strategic advantages.The Louisiana Purchase not only reshaped the geographical landscape of the United States but also catalyzed economic growth and opportunity on an unprecedented scale.

It also might be nice to take them out to dinner at Olive Garden afterwards every time for some fun time.

If the lot is large enough and you can get the permits, you could create a small community for your family with a nice shared family area with a pergola and landscaping.

Together, let's navigate the intricate landscape of property deals and unearth the hidden gems waiting to yield substantial returns.