Quote:
Originally Posted by yray
750k when?
how does maintenance work on commercial properties, of course you get the regular shit like plowing and roof maintenance.
what about stupid shit the client does like greasing up the sewers etc.
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If you are into commercial units, it’s easier as most of them are nnn meaning that it’s the tenant’s responsibility for the maintenance.
But even in the case that’s not included in the case of a multi family units, you just put together a team of people to do it for you. It’s expensive if you call a guy to come do a job once a year. But usually speaking, you can negotiate a fix amount for regular scheduled maintenance. And all that just comes out of the rent which if you are not on nnn terms, you’d add whatever that cost is onto the rent. And from experience, that cost is peanuts comparing to things like property taxes.