So then I get a call from an electrical contractor stating that the unit next door is having some issues with their power and they have located that the problem is under my deck, and they will need to remove boards, dig it up, and do a repair.However, a couple of small twists in the story make me nervous.One is that apparently the homeowners are responsible for the maintenance of the power line from from the transformer, so it’s not the association with deeper pockets who is on the hook, its the nieghbor .

I was seeing that my maintenance head was spending 5  plus hours a week at Home Depot, Lowe's and other vendors, mostly picking up the same items. 

Maintenance costs will be such that you will be continually spending and topping up your reserve maintenance funds.You will have no positive cash flow to put on your primary home.  

Monthly incentives as well as annually?

Hi, I'm trying to estimate the management fee and regular maintenance (snow plowing landscaping for a small shopping center in New Jersey

Hey Everybody,This is kind of a back-to-basics discussion here but I've seen a lot of variation in how much everyone is allocating for repairs/CapEx/both. The numbers look a LOT different depending on your assumptions...

You need to calculate what the Yield Maintenance cost would be.PM me if interested, I’d be more than happy to help strategize a plan for you.

@Shay Yehuda you will not get a 10% annual return in California with rentals and you won't get 50% flipping here either. 

Details, older house, 1910, but newly renovated, I know there's tons of variables that go into homeowners insurance but for a house valued less than 80k, $1,700 annual insurance seemed extremely high to me.

Let me know what you think.I have considered Expenses as:Vancancy, (3 units currently vacant)Cap Ex (likely to need to roofs soon, HVACs are newish, unsure of water heaters)Maintenance (assume 6% to keep up the property, will adjust after inspection)Lawn Care (currently $300/mo. assume I can keep that contract.)Taxes (Currently $3100)Insurance (not sure what to expect, guessing 1200/property)Flood Ins: Not needed in this areaThanks in advance BP community,Winn and Kaitlin Merwin