Rule-of-thumb SFR and MFR ammortized monthly capex in Portland?
Hey folks,
I'm looking around at new markets and wanted to take a look at the Portland area. I was wondering if any investors in or around Portland might be able to tell me their rule-of-thumb monthly allowances for capex?
On a single-family property, what rough dollar figure do you use to estimate ammortized monthly cost of capex?
On a multi-family property, what rough percentage of monthly revenue (or alternative guide) do you use?
Thanks so much!