Updated almost 10 years ago on . Most recent reply
Hard Hit Maintenance Expense Year!
Two houses, two new HAVC systems - check
one house, new roof - check
one apt: drywall, bathroom remodel, and other $1k+ "refresh" efforts - check
Even though the monthly cash flow is fairly strong over monthly costs (mortgage, taxes, insurance), i am getting killed by big maintenance expenses. Fortunately, I have coverage for now, but what about next year, year after that, etc...?! There seems to be plenty more to be done to keep the properties rentable at a decently high quality standard; however, is it a losing battle?