I manage a handful of single family and small multi family rentals across two states. One thing I always bring up with new landlords is budgeting for longterm maintenance roof, HVAC, foundation, drainage, etc. It’s surprising how many folks only plan for cosmetic fixes or immediate rent readiness.
I’m curious how seasoned investors here handle this upfront. Do you work these projections into your offers or build out 5/10 year maintenance budgets before closing
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source https://www.reddit.com/r/RealEstate/comments/1ledf77/how_much_do_you_factor_longterm_maintenance_into/
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