Real Estate Broker · St Petersburg · Member since 2014 · 2k+ posts · 2k+ votes
9y
Plumbing, A/C, refrigerator, roof leaks, lock outs, breakins, can run the gamut of twenty million different things. Training the tenants prior to occupancy will save you on the backside, in addition to making sure the house is rent ready before they move in
Rental Property Investor · Tucson AZ / Nice FR / Washington DC · Member since 2016 · 1k+ posts · 1k+ votes
9y
Like most; Plumbing, HVAC, and Appliances are the top three cost in percentage of gross rents for us. In another section of our reports (not shown below), we spent 2.7% of gross rents replacing appliances, and 6.41% on replacing HVAC units this year. The HVAC replacement is not normally that hight, we just had a lot of incoming units that needed some CapEx.
Like most; Plumbing, HVAC, and Appliances are the top three cost in percentage of gross rents for us. In another section of our reports (not shown below), we spent 2.7% of gross rents replacing appliances, and 6.41% on replacing HVAC units this year. The HVAC replacement is not normally that hight, we just had a lot of incoming units that needed some CapEx.