Updated over 7 years ago on . Most recent reply
Pittsburgh - Estimating Rental Property Repairs
How much do yinz budget for repairs and capex for single family rentals from the early 1900's in the Pittsburgh area?
Rules of thumb such as 5% of gross rent for repairs, and 5-7% for capex seem optimistically low for old houses. ($1440 yearly for a property that rents for $1000)